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    1422 Pne Ave Niagara Fls Niagara Falls, NY 14301

    Sponsored
    For Sale
    $450,000

    Prime location, high-traffic area, redevelopment opportunity.

    Property size:
    16,113 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional mixed-use commercial building, located at 1422 Pine Avenue in Niagara Falls, NY, presents a compelling redevelopment opportunity. The 16,113 square foot building, currently 100% occupied, sits on a 0.493-acre lot and boasts a Class B rating. Built in 1998 and renovated in the same year, the two-story structure includes a freight elevator, two half-bathrooms, a sizable safe, and two forced-air HVAC units, along with an overhead gas heater. The building also features an overhead door in the rear, ideal for loading and unloading. Ample parking is provided by two adjacent, blacktopped and striped vacant lots, one of which is secured with fencing, totaling 20 parking spaces. The property is zoned C2-B and benefits from its strategic location on Route 62, a high-traffic area just five minutes from two international bridges to Canada and ten minutes from I-190. The current tenant operates an appliance store, but the property's versatility allows for diverse uses, including retail, office, warehouse, or even apartment conversion. The asking price is $450,000, translating to $27.93 per square foot. The property's APN is 291100-144-079-0002-038-000 & 037-000 & 039-000. This is a rare chance to acquire a well-maintained property in a prime Niagara Falls location with significant potential for future growth.

    Property Features for 1422 Pne Ave Niagara Fls

    General Information

    Property type
    Mixed-use properties
    Square Feet
    16,113 SF
    Class
    B
    Lot Size
    21,475 SF

    Building Details

    Year Renovated
    1998
    Buildings
    1
    Stories
    2

    HighLights

    • $450,000 asking price for a mixed‑use building and land redevelopment opportunity.
    • 16,113 square feet, Class B building with 100% occupancy.
    • $27.93 price per square foot.
    • Renovated in 1998, featuring two stories and one building.
    • C2‑B zoning, situated on a 0.493‑acre lot with 20 parking spaces.
    • Located at 1422 Pine Avenue, Niagara Falls, NY 14301 (APN: 291100‑144‑079‑0002‑038‑000 & 037‑000 & 039‑000).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Niagara Falls
    County
    Niagara
    State
    New York
    Longitude
    -79.044503389683
    Latitude
    43.09493820947

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    FAQs

    What type of property is this?
    Mixed-use property - Prime location, high-traffic area, redevelopment opportunity.
    Where is this mixed-use property located?
    The property is located at 1422 Pne Ave Niagara Fls Niagara Falls, NY.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: $450,000 asking price for a mixed-use building and land redevelopment opportunity.; 16,113 square feet, Class B building with 100% occupancy.; $27.93 price per square foot.
    (716) 380-0815
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1422 Pne Ave Niagara Fls Niagara Falls, NY 14301
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