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    OFF-MARKET
    Auto shops

    9340 Niagara Fls Blvd, Niagara Falls, NY 14304-4904

    5,380 SF 1.11 ac lot Built 1968
    Entity Owned 13-yr Hold Free & Clear
    Property ID
    US63-5804236
    Property summary
    AI-generated overview

    This exceptional investment opportunity in Niagara Falls, NY, presents a unique mixed-use property spanning 9,889 square feet on a 1.11-acre lot. The property comprises four distinct buildings. The main structure, a retail building of approximately 5,400 square feet, is ideally suited for an auto shop or similar business. Adding to the income stream, a former motel has been converted into four studio apartments, each currently leased at $500 per month, generating a consistent rental income. A well-maintained, 1,674-square-foot ranch house is also included, currently vacant and offering potential for additional rental income or owner occupancy. Finally, a freestanding, two-story, three-bay garage, approximately 1,200 square feet, provides ample storage or workshop space. The asking price is $750,000, translating to $75.84 per square foot. Located at 9340 Niagara Falls Blvd, Niagara Falls, NY 14304, this property offers a compelling blend of commercial and residential income potential, making it an attractive investment for discerning buyers seeking a diversified portfolio. The property's size and diverse components provide significant upside potential for future development or expansion. This is a rare opportunity to acquire a substantial property in a desirable location with proven rental income and significant potential for growth.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 1968
    Total area 5,380 SF
    Lot 1.11 ac (48,352 SF)
    Zoning code C3
    APN 291100 161.06-3-10.1
    UPID US63-5804236
    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
    • 5K Auto Sales Discount Store (Bike/Boat/Book/etc) Store
    • Kendzia Tire and Service Auto Repair Shop
    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
    Rainbow Village INC · 13 yrs held
    Rainbow Village INC
    since 2012
    1 recorded transaction
    2012
    Zoning & alternative use
    C3 · Niagara Falls, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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