901 Main St, Niagara Falls, NY 14301-1109
- Showrooms
- 38,293 SF
- 0.82 lot acres
Current Use by Public Records
- Niagara Falls Armory / Tour Operator
Property Details for 901 Main St
- Year built
- 1885
- Lot size
- 0.82 lot acres
- Zone code
- C2-A
- Property type
- Showrooms
- APN
- 291100 144.70-2-52
- APU
- 29110014470252
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Mar 31, 2009 | $60,000 | Emery Simon | State Of New York | Grant Deed | — |
Description
This exceptional investment opportunity presents a unique chance to acquire a piece of Niagara Falls history. The 52,203 square foot Armory, constructed in 1895, stands as a prominent landmark, instantly recognizable for its fortress-like design, including a striking three-story corner tower. This impressive structure is a well-known and cherished part of the city's landscape. The sale includes not only the Armory building itself but also four additional parcels of land, significantly expanding the potential for development and redevelopment. The property's substantial size and unique character offer a wide range of possibilities for adaptive reuse, creating exciting opportunities for innovative entrepreneurs and investors. Located at 901 Main Street, Niagara Falls, NY 14301, this property is situated in Niagara County, offering excellent visibility and accessibility. The asking price for this remarkable property is $2,000,000. This is a rare chance to own a piece of Niagara Falls' rich heritage and shape its future. The property's historical significance combined with its considerable size and multiple parcels presents a truly exceptional investment opportunity.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,037,000
Market price range: $1.04M - $2.27M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,575,000 Current use
- WAREHOUSE, STORAGE
- $1,615,000 Change: +3% Conversion: Difficult
- INDUSTRIAL (GENERAL)
- $1,570,000 Change: -0% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Niagara Falls
- County
- Niagara
- State
- New York
- Longitude
- -79.0539
- Latitude
- 43.0977
- CBSA code
- 15380
- CBSA name
- BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
