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Property summary
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 profile
VerifiedCap rate & NOI
Current use
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Construction Company General Contractor
Location
Value estimations
Owner & transaction history
Zoning & alternative use
This district permits a full range of heavy and light industrial uses which may generate environmental concerns (air and/or water emissions)
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
I2 · Niagara Falls, NYThis district permits a full range of heavy and light industrial uses which may generate environmental concerns (air and/or water emissions)
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
This district permits a full range of heavy and light industrial uses which may generate environmental concerns (air and/or water emissions)
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for I2 in Niagara Falls, NY.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
