1315-1329 Pine AveNiagara Falls, NY 14301

For Sale
$609,500

Prime Medical & Executive Office Space, High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional multi-unit building at 1315-1329 Pine Avenue in Niagara Falls, NY, presents a compelling value-add investment opportunity. The 11,196 square foot property, classified as Class C, is situated on a 0.241-acre lot and boasts a desirable C2-B zoning. Currently operating at 36% occupancy, the building comprises five units, each with ample parking (3 spaces per unit). The ground floor features four occupied units ranging from 1,000 to 2,200 square feet, each offering a mix of office space, showrooms, and private bathrooms. The second floor encompasses approximately 5,500 square feet of versatile space, ideal for medical, office, or retail professional services. This area includes nine offices, four bathrooms, a reception area, waiting room, large social therapy room, and exam rooms with sinks. The building benefits from excellent natural light, a sprinkler system, fire alarm, elevator, and stair access. Ample parking is available on-site (12 spaces) and in a nearby municipal lot (50+ spaces). The property's strategic location, one block from Niagara Falls Memorial Medical Center, ensures high visibility and accessibility within a high-traffic area. The asking price is $609,500 ($54.44/sq ft and $121,900/unit). The lease type is modified, and the tenancy is multi.

Property Details for 1315-1329 Pine Ave

Property type
Other retail properties, Other office properties
Square Feet
11,196 SF
Class
C
Lot Size (sq. ft)
10,498 SF
Units
5

Location Insight

City
Niagara Falls
County
Niagara
State
New York
Latitude
43.0948113
Longitude
-79.04586
1315-1329 Pine Ave, Niagara Falls, New York
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1315-1329 Pine Ave
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