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    FOR LEASE
    Banks

    2443 Military Rd, Niagara Falls, NY 14304

    10,362 SF 1.08 ac lot Built 1970
    Entity Owned 6-yr Hold Free & Clear
    Property ID
    US63-3228550
    Property summary
    AI-generated overview

    This exceptional two-story, 103,221 square foot building, situated on a 1.08-acre lot in Niagara Falls, NY, presents a unique investment opportunity. Originally constructed in 1964, this former bank/office building offers versatile space suitable for executive, medical, or traditional office uses. The property's B-1 General Commercial zoning allows for a range of possibilities, making it an ideal candidate for redevelopment. The building features a convenient drive-through, a significant asset for various business models. Located at 2443 Military Road, in the Military Road/Niagara Falls Blvd submarket cluster of Niagara County, this property benefits from high visibility and accessibility. The single-tenancy structure provides flexibility for a single large occupant or can be easily subdivided for multiple tenants. The substantial lot size offers ample parking and potential for expansion or additional development. This property is available for both sale and lease, providing options to suit diverse investment strategies. Serious inquiries are encouraged to explore the full potential of this prime commercial real estate offering in the thriving Buffalo/Niagara Falls market. The property's address is 2443 Military Rd, Niagara Falls, NY 14304.

    Property profile
    Verified
    Property type Banks
    Use group FINANCIAL BUILDING
    Year built 1970
    Total area 10,362 SF
    Lot 1.08 ac (47,045 SF)
    Zoning code 01 - NOT ZONED
    APN 293000 145.16-2-1
    UPID US63-3228550
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    2443 Military Rd LLC · 6 yrs held
    2443 Military Rd LLC
    since 2019
    1 recorded transaction
    2019
    $495,000
    Zoning & alternative use
    01 - NOT ZONED · Niagara Falls, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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