9340 Niagara Falls BlvdNiagara Falls, NY 14304

For Sale
$750,000

High-return auto shop & rental complex

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity in Niagara Falls, NY, presents a unique mixed-use property spanning 9,889 square feet on a 1.11-acre lot. The property comprises four distinct buildings. The main structure, a retail building of approximately 5,400 square feet, is ideally suited for an auto shop or similar business. Adding to the income stream, a former motel has been converted into four studio apartments, each currently leased at $500 per month, generating a consistent rental income. A well-maintained, 1,674-square-foot ranch house is also included, currently vacant and offering potential for additional rental income or owner occupancy. Finally, a freestanding, two-story, three-bay garage, approximately 1,200 square feet, provides ample storage or workshop space. The asking price is $750,000, translating to $75.84 per square foot. Located at 9340 Niagara Falls Blvd, Niagara Falls, NY 14304, this property offers a compelling blend of commercial and residential income potential, making it an attractive investment for discerning buyers seeking a diversified portfolio. The property's size and diverse components provide significant upside potential for future development or expansion. This is a rare opportunity to acquire a substantial property in a desirable location with proven rental income and significant potential for growth.

Highlights

  • $750,000 asking price for a mixed-use property.
  • 9,889 square feet total building area.
  • $75.84 price per square foot.
  • 1.11-acre lot size in Niagara Falls, NY.
  • Property includes a main retail building (approx. 5,400 sq ft), four studio apartments (each renting for $500/month), and a vacant ranch house (approx. 1,674 sq ft).
  • Also features a free-standing, two-story, three-bay garage (approx. 1,200 sq ft).

Property Details for 9340 Niagara Falls Blvd

Property type
Other retail properties, Automotive properties
Square Feet
9,889 SF
Lot Size (sq. ft)
48,352 SF

Location Insight

City
Niagara Falls
County
Niagara
State
New York
Latitude
43.094695318675
Longitude
-78.955358580045
9340 Niagara Falls Blvd, Niagara Falls, New York
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9340 Niagara Falls Blvd
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