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Niagara Falls 9,165 SF Structure
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512 3rd St, Niagara Falls, NY

9,165 SF structure ideal for brewery or tap room.

Space Size9,165 SF
Lot Size0.37 Acres
Days on Market1170

Property Features for 512 3rd St

General Information

Standard status Active
Size 9,165 SF
Lot size 0.37 Acres
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 512 3rd St
512 3rd St $12/SF/Yr
Floor Bldg
Size 9,165 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- Dedicated on-site parking - Majority of building is column-free - 27-foot-tall ceilings - Ideal for restaurant, brewery, entertainment venue - 512 3rd Street is a 9,165 square foot structure that is ideal for a brewery, distillery or tap room. - Despite playing host to 9 million annual visitors, the City of Niagara Falls still does not have a brewery or tap room that capitalizes on this massive seasonal market and world-famous destination. - The building has an interesting history that a brewer could use for branding purposes. - Originally built for an auto dealership, it later became a renowned blues club that played host to B.B. King, Muddy Waters and Buddy Guy. It is steps from the Niagara River and Canadian border crossing – renowned bootlegging locations during Prohibition. - Outdoor courtyard - High profile intersection (Main & 3rd) - Walkable to state parks - Adjacent to other restaurants and cafe - Visible to 8,700 vehicles a day - Swift Maintenance & Repair: All requests will be handled in a timely manner. - Preventative Maintenance: Performing proactive maintenance to avoid smaller issues from becoming larger issues. - Cost Savings Administration: Making operational recommendations for long-term savings. - Risk Management: Finding the most effective ways to avoid, control, and transfer risks for the property. - Our commercial property management team provides reliable, prompt, and professional services. - Property owners can expect: - Swift Maintenance & Repair: All requests will be handled in a timely manner. - Preventative Maintenance: Performing proactive maintenance to avoid smaller issues from becoming larger issues. - Cost Savings Administration: Making operational recommendations for long-term savings. - Risk Management: Finding the most effective ways to avoid, control, and transfer risks for the property.
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Listing Agency: TM Montante Development
Listed By: Michelle Messina
Source: Moodyscre
Added: Jul 24, 2023 Changed: Sep 6 Last Checked: Oct 4 at 10:44AM

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 TM Montante Development

Investment Insights

Based on property information with market context.

The 9,165 square foot structure at 512 3rd Street in Niagara Falls, NY, is suitable for restaurant, brewery, or entertainment venue use. The majority of the building is column-free and features 27-foot-tall ceilings. The property includes dedicated on-site parking and an outdoor courtyard. Situated at a high-profile intersection of Main and 3rd, the location is walkable to state parks and adjacent to other restaurants and cafes. The site benefits from visibility to 8,700 vehicles a day. Originally built for an auto dealership, it later became a renowned blues club that played host to B.B. King, Muddy Waters and Buddy Guy. It is steps from the Niagara River and Canadian border crossing – renowned bootlegging locations during Prohibition. The City of Niagara Falls, despite hosting 9 million annual visitors, currently lacks a brewery or tap room to capitalize on this market.

Key Highlights

  • Untapped Brewery/Tap Room Market: Capitalize on 9 million annual visitors in Niagara Falls.
  • Ideal Venue: 9,165 sq ft structure suited for a brewery, distillery, restaurant, or entertainment venue.
  • High Ceilings & Column‑Free Space: 27‑foot‑tall ceilings and a majority of column‑free space offer flexible layout options.

Property Analytics

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Open Analytics

Current Use

Restaurants

Suggested Use

Top Pick Hair Salon Plumbing Service Skin Care Clinic Electrical Service Daycare Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,238
Businesses Nearby
39k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 58% Shops & Services 40% Dining 2%
Sheraton Niagara Falls Hotels & Casinos
13,565 visits/mo 0.3 miles
7-Eleven Shops & Services
6,158 visits/mo 0.2 miles
Citgo Shops & Services
3,992 visits/mo 0.3 miles
Hyatt Place Niagara Falls Hotels & Casinos
3,545 visits/mo 0.4 miles
M&T Bank Shops & Services
3,443 visits/mo 0.4 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Similar Off Market Nearby

  • Indian Kitchen King — 610 Main St, Niagara Falls, NY 14301

Frequently Asked Questions

What type of property is this?
Restaurant - 9,165 SF structure ideal for brewery or tap room.
Where is this restaurant located?
The property is located at 512 3rd St Niagara Falls, NY.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Untapped Brewery/Tap Room Market: Capitalize on 9 million annual visitors in Niagara Falls.; Ideal Venue: 9,165 sq ft structure suited for a brewery, distillery, restaurant, or entertainment venue.; High Ceilings & Column‑Free Space: 27‑foot‑tall ceilings and a majority of column‑free space offer flexible layout options.
(716) 876-8899 Call to check price and availability
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