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
Neighborhood:
Niagara Falls-City-291100
City:
Niagara Falls
Listed Date:
Jul 29, 2024
State:
NY
Finished Sq Ft:
4,175
Total 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
- Address2501 Pine Avenue Niagara Falls NY
- CityNiagara Falls
- CountyNiagara
- Zip Code14301
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Listing courtesy of Heritage Property Source,
© 2024 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated 2024-12-24.
© 2024 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated 2024-12-24.
2501 Pine Avenue
Niagara Falls, NY
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