Renovated Industrial Building Near
4353 Miller Road Niagara Falls, NY 14304
For Sale
$1,500,000
7,080 SF renovated industrial building near U.S.-Canada border.
Property Size7,080 SF
Lot Size3.22 Acres
Price / SF$211.86
Days on Market123
Property Features for 4353 Miller Road
General Information
- Standard status
- Active
- Size
- 7,080 SF
- Lot size
- 3.22 Acres
- Property subtype
- Industrial
Listing Agency:
CBRE | Buffalo
(716) 855-3700
Listed By:
Lida Eberz · License #Real Estate Salesperson
Source:
Cbre
Added: Mar 25
Changed: Jul 6
Last Checked: Jul 25 at 2:46AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Buffalo
Investment Insights
Based on property information with market context.
The property is a 7,080 square foot industrial building situated on a 3.22-acre site in Niagara Falls, New York. It features a mix of office space and five garage bays. Located minutes from the U.S.-Canada border, the property was fully renovated between 2023 and 2024. Renovations include new office space, new perimeter fencing, high-security gate access, and exterior security lighting and cameras. The new office space includes five private offices, an IT room, a bullpen area, private bathrooms, and a dedicated washroom with shower. The fully fenced lot can accommodate approximately 42 trailers. There are three 12-foot by 14-foot grade doors, one 14-foot by 14-foot grade door, and one 16-foot by 14-foot grade door. The property is located 2 miles from I-190 and 5 miles from the Lewiston-Queenston Bridge to Canada. It is also less than 1 mile from Amazon’s 3.1 MSF Robotic Fulfillment Center, slated to open in 2026.
Key Highlights
- Fully renovated in 2023‑2024 with new office space and enhanced security features.
- Strategic location: minutes from the U.S.-Canada border and near a major Amazon Fulfillment Center.
- Large 3.22 AC site with fully fenced lot capable of holding ±42 trailers.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $152.9k | $21.60 |
| − Vacancy | −$19.4k | −$2.74 |
| EGI | $133.5k | $18.86 |
| − OpEx | −$33.4k | −$4.71 |
| NOI | $100.1k | $14.14 |
7,080 SF · lease $21.60/SF/yr · vacancy 12.70% · expense 25.00%
Alternative Uses
Best Use
Warehouse
$6.02M
$5.26M – $7.02M
NOI $421,110 @ 7.0% cap · market cap 28.07%
Second Best
Industrial
$4.95M
$4.33M – $5.78M
NOI $346,796 @ 7.0% cap · market cap 23.12%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Mikelly Construction
Construction Company
Similar Off Market Nearby
- Scalzo's Catering — 7228 St Joseph Rd, Niagara Falls, NY 14304
FAQs
What type of property is this?
Flex space - 7,080 SF renovated industrial building near U.S.-Canada border.
Where is this flex space located?
The property is located at 4353 Miller Road Niagara Falls, NY.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Fully renovated in 2023‑2024 with new office space and enhanced security features.; Strategic location: minutes from the U.S.-Canada border and near a major Amazon Fulfillment Center.; **Large 3.22 AC site with fully fenced lot capable of holding ±42 trailers.**
