Waterfront Mixed-Use Investment
For Sale
$1,350,000
555 Water Street, Youngstown, NY 14174
Mixed-use property with storefronts, apartments, and boat slips.
Property Size14,776 SF
Days on Market145
Property Features for 555 Water Street
General Information
Standard status
Active
Size
14,776 SF
Total Parking Spaces
10
Property subtype
Commercial
Zoning
MRNA FAC, Commercial
Taxes and HOA fees
Annual Taxes
$17,305
Building Details
Building Size
14,776 SF
Year Built
1950
Buildings
1
Stories
2
Units
4
Listing Agency:
Great Lakes Real Estate Inc.
(716) 628-0051
Listed By:
Bruce J Andrews · License #31AN0942559
(716) 628-0051
Source:
Homeprocny
Added: Apr 2
Changed: Aug 23
Last Checked: Aug 22 at 8:50AM
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 Great Lakes Real Estate Inc.
Investment Insights
Based on property information with market context.
This mixed-use property is located in Youngstown, New York, at the mouth of the Lower Niagara River where it meets Lake Ontario. The property includes two commercial storefronts, two updated apartments (one 3-bedroom and one 2-bedroom), and twelve fully leased boat slips. The boat slips generate $25,000 annually, and the storefronts produce $24,000 per year. The property also features a marina operation with room for up to twelve more boat slips and is approved for sixty mooring balls for sailboats and gasoline dispensing facilities. A public boat launch is located directly next door. The property is situated adjacent to the Youngstown Yacht Club and across from Niagara-on-the-Lake, near Fort Niagara State Park, and offers views of the Canadian shoreline. The property's location has a bike score of 41, indicating it is somewhat bikeable, and a walk score of 26, indicating car dependence.
Key Highlights
- Waterfront property at the mouth of the Niagara River and Lake Ontario.
- Multiple income streams: 2 commercial storefronts, 2 updated apartments, and 12 leased boat slips.
- Existing boat slips generate $25,000 annually; storefronts generate $24,000 annually.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
119
Businesses Nearby
Explore this area
Business Placement
Demographics for 14174, NY
5,654
Population
2,601
Households
2.2
Avg Household Size
50
Median Age
34%
College-Educated
98%
High-School Grad
23.2 sq mi
ZIP Area
244
Density / Sq Mi
$78,922
Median Household Income
$53,841
Median Earnings
$1,152
Median Rent
$235,400
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property with storefronts, apartments, and boat slips.
Where is this mixed-use property located?
The property is located at 555 Water Street Youngstown, NY.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Waterfront property at the mouth of the Niagara River and Lake Ontario.; Multiple income streams: **2 commercial storefronts, 2 updated apartments, and 12 leased boat slips.**; Existing boat slips generate $25,000 annually; storefronts generate $24,000 annually.
