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    FOR LEASE
    Office buildings

    661 Main St, Niagara Falls, NY 14301

    12,480 SF 0.67 ac lot Built 1928
    Individually Owned 20-yr Hold Absentee Owner Free & Clear
    Property ID
    US63-6243724
    Property summary
    AI-generated overview

    This stunning, fully renovated Class A office building at 661 Main Street in Niagara Falls, NY, offers 5,682 square feet of move-in ready space. Built in 1945 and situated in Niagara County, this single-tenant property boasts a wealth of modern amenities within its historic charm. The space features a full kitchen and a dedicated conference room, perfect for executive functions. Recent upgrades include new LED lighting, fresh paint, new carpeting, and a new HVAC system (boiler and A/C). High ceilings and beautiful red oak flooring add to the sophisticated ambiance. Most existing furniture is available. Ample parking and prominent signage are also provided. This exceptional location is conveniently situated off Pine Avenue, near the post office and a bus stop, and just blocks from the Canadian border. The owner is open to considering a sublease or dividing the space into two units. Detailed floor plans are available upon request. This is an unparalleled opportunity to secure a prestigious and highly functional office space in a vibrant location.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1928
    Total area 12,480 SF
    Lot 0.67 ac (29,040 SF)
    Zoning code C2-A
    APN 291100 159.21-2-1
    UPID US63-6243724
    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
    Current use
    Occupant on record · Public records
    • Ensol Inc Engineering Consultant Civil Engineer
    • Olive Ridley (Solara, Inc. DBA) Hardware & Home Improvement Building Supply
    • Solara Environmental Waste Management Facility Hazardous Waste Disposal
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Brian Shiah · 20 yrs held
    Brian Shiah
    since 2005
    1 recorded transaction
    2005
    $260,000
    Zoning & alternative use
    C2-A · Niagara Falls, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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