2501 Pine Avenue
Niagara Falls, NY, 14301
$275,000
3 Beds
2 Baths
4,175 SqFt
0.06 Acres
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Discover a prime investment opportunity with this mixed-use property. The ground floor boasts a spacious storefront, once a restaurant, featuring a comfortable dining area with air conditioning, men’s and women’s bathrooms, and a recently updated grease trap. The kitchen has seen recent upgrades, including a new cooler compressor installed just four months ago. Upstairs, two well-appointed apartments provide additional rental income potential. Parking is a standout feature, accommodating at least 8 cars with dual entrances for enhanced accessibility. Recent structural upgrades include a transition from a flat roof to durable lifetime shingles. Mechanical systems are well-maintained, with furnaces and hot water tanks updated 5 years ago, and plumbing modernized 8 years ago using a mix of copper and PVC. This property offers a unique blend of commercial and residential spaces, strategically positioned to capitalize on the thriving economic landscape of Niagara Falls, NY. Its versatility, recent upgrades, and ample parking make it an attractive investment for those seeking a property with promising potential in a bustling location.

Property Details

Price:
$275,000
MLS #:
B1555421
Status:
Active
Beds:
3
Baths:
2
Address:
2501 Pine Avenue
Type:
Single Family
Subtype:
MixedUse
City:
Niagara Falls
Listed Date:
Jul 29, 2024
State:
NY
Finished Sq Ft:
4,175
ZIP:
14301
Lot Size:
2,436 sqft / 0.06 acres (approx)
Year Built:
1930
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Schools

School District:
Niagara Falls

Interior

Appliances
Gas Water Heater
Bathrooms
2 Full Bathrooms
Flooring
Varies, Vinyl
Heating
Gas, Forced Air

Exterior

Construction Materials
Brick
Parking Features
Paved
Roof
Asphalt

Financial

Taxes
$4,242

Map

Community

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2501 Pine Avenue
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