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    560 56Th St Niagara Falls, NY 14304

    Sponsored
    For Sale
    $750,000

    19,200 SF Warehouse, Multi-Tenant, Updated

    Property size:
    19,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Exceptional investment opportunity: a 19,200 square foot multi-tenant warehouse in Niagara Falls, NY, asking $750,000. Built in 1984 and extensively renovated in 2019, this property boasts 12,500 square feet of warehouse space featuring a 10-ton crane, plus 2,500 square feet of brand new office space. Two apartments above generate additional income. Recent upgrades include new windows, LED lighting, furnace, hot water tanks, and rooftop units (2019). The warehouse benefits from a mostly column-free layout, enhancing operational efficiency. Power is provided by a robust 400 amp, 483-volt, 3-phase electrical service. Situated on a 0.85-acre lot, the building features a 14-foot ceiling height. Its convenient location offers easy access to the I-190 highway and is less than 10 minutes from the Lewiston-Queenston Bridge, providing proximity to the Canadian border. This property presents a compelling combination of income generation, modern amenities, and strategic location within an established industrial area. The price per square foot is $39.06. The property is located at 560 56th St, Niagara Falls, NY 14304.

    Property Features for 560 56Th St

    General Information

    Property type
    Distribution properties
    Square Feet
    19,200 SF
    Lot Size
    37,026 SF

    Building Details

    Year Built/Renovated
    1984/2019

    HighLights

    • Column‑free warehouse space.
    • Excellent I‑190 highway access.
    • Strategically located in an established industrial park.
    • High‑power electrical service: 400 Amp, 483 Volt, 3‑phase.
    • Under 10‑minute drive to the Lewiston‑Queenston Bridge.
    Property Profile Location Intelligence

    Current Use by Public Records

    Patriot Field Services General Contractor

    Suggested Use

    Restaurant Law Firm Building Supply Wholesale Shop Auto Repair Shop Clothing Store Nail Salon Pharmacy Auto Parts Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Niagara Falls
    County
    Niagara
    State
    New York
    Longitude
    -79.0004871
    Latitude
    43.0891521

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    FAQs

    What type of property is this?
    Distribution property - 19,200 SF Warehouse, Multi-Tenant, Updated
    Where is this distribution property located?
    The property is located at 560 56Th St Niagara Falls, NY.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: Column-free warehouse space.; Excellent I-190 highway access.; Strategically located in an established industrial park.
    Request Owner's contact information
    560 56Th St Niagara Falls, NY 14304
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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
    560 56Th St Niagara Falls, NY 14304
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