Exciting opportunity to be part of the transformational redevelopment of Niagara St! Very large (7,731 total sq ft), brick, mixed-use investment property with reliable cash flow. Sale includes two buildings (540 Niagara St & 544 Niagara St). Property consists of: two storefront businesses (one barbershop, one restaurant/bakery, both well established & successful); a three bedroom townhome (tenant occupied); a partially gutted two bedroom townhome; and a two bedroom upper apartment (vacant). Separate utilities. Full, dry basement. Driveway, two car detached garage, & additional parking in the rear. Property is centrally located between downtown, Peace Bridge into Canada, Buffalo Niagara Medical Campus, D’Youville College, Allentown, & Elmwood Village. Close proximity to major thru-way systems. Current gross annual income $55,800. With renovation of the partially gutted townhome & leasing of the vacant two bedroom upper apartment, potential gross annual income $85,800.
Property Details
Price:
$299,900
MLS #:
B1550066
Status:
Active
Beds:
3
Baths:
0
Address:
540-544 Niagara Street
Type:
Single Family
Subtype:
Commercial
Subdivision:
West Side
City:
Buffalo
Listed Date:
Jul 8, 2024
State:
NY
Finished Sq Ft:
7,731
ZIP:
14201
Lot Size:
8,580 sqft / 0.20 acres (approx)
Year Built:
1925
See this Listing
Mortgage Calculator
Schools
School District:
Buffalo
Interior
Appliances
Gas Water Heater
Flooring
Carpet, Hardwood, Varies
Heating
Gas, Forced Air, Radiant
Exterior
Community Features
Other, See Remarks
Construction Materials
Brick, Block, Concrete
Exterior Features
Blacktop Driveway
Parking Features
Threeormore Spaces
Roof
Asphalt, Membrane, Rubber
Financial
Taxes
$7,774
Map
Community
- Address540-544 Niagara Street Buffalo NY
- CityBuffalo
- CountyErie
- Zip Code14201
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Listing courtesy of Howard Hanna WNY Inc,
© 2024 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated 2024-09-21.
© 2024 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated 2024-09-21.
540-544 Niagara Street
Buffalo, NY
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