See Home Value
$189,900
Multifamily - Off Market

2318 Niagara Street

Niagara Falls, NY 14303
bedrooms
Studio
bathrooms
2 Baths, 2 Half Baths
$1,222
Estimated Monthly
4.49%
Cap Rate

About This Property

Invest in this lucrative commercial opportunity! This expansive property presents two distinct units, each offering a wealth of potential for savvy investors or business owners. The front unit currently operates as a thriving tattoo studio, providing a steady rental income stream. With its prime location and established clientele, this storefront presents an excellent opportunity for continued success in the bustling commercial landscape. Adjacent to the tattoo studio lies the rear unit, formerly occupied by a tire sales business. This versatile space is ideal for an auto shop, offering ample room for servicing vehicles and storing inventory. Alternatively, it could be repurposed for a variety of commercial endeavors to suit your business needs. A standout feature of this property is the expansive parking lot, capable of accommodating 15+ cars, making it an attractive destination for customers and clients. The entire premises are securely fenced in, ensuring privacy and peace of mind. Located in a high-traffic area, this property enjoys excellent visibility and accessibility, further enhancing its investment appeal.
Unit Size
-
Days on Market
-
Land Size
0.11 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$289
HOA Dues
-
Year Built
1970
Last updated: 12 days ago (NYSAMLS #B1530983)

Price History

Date / Event Date Event Price
May 10, 2024 No longer available -
No longer available
Apr 10, 2024 Listed by Keller Williams Realty WNY $189,900
Listed by Keller Williams Realty WNY
Dec 10, 2019 Sold to Ishtiaq Muhammad, Muhammad ... $65,000
Sold to Ishtiaq Muhammad, Muhammad ...
Aug 29, 2007 Sold to Clovis Ennis $50,000
Sold to Clovis Ennis

Property Highlights

Parking Details
Has Garage
Parking Features: Parking Available
Garage Spaces: 2
Interior Details

Bathroom Information

Half Bathrooms: 2

Interior Information

Appliances: Gas Water Heater
Flooring Type: Other, SeeRemarks

Basement Information

Has Basement
Partial


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
Stu
-
-
$160,000 Aug 16, 2022
$160,000 Jan 3, 2023
$199/mo
Multifamily
4 Beds
2 Baths
-
$185,000 Mar 20, 2023
$185,000 May 19, 2023
$224/mo
Commercial
Loft
-
-
$165,000 Nov 16, 2022
$165,000 Jul 3, 2023
$186/mo
Multifamily
5 Beds
2 Baths
-
$157,500 Jul 14, 2023
$157,500 Aug 25, 2023
$226/mo
Multifamily
4 Beds
2 Baths
-
$159,900 Sep 9, 2023
$159,900 Jan 31, 2024
$320/mo
Commercial
Loft
-
-
$170,000 Feb 6, 2023
$170,000 Jun 27, 2023
$282/mo
Multifamily
1 Bed
3 Baths
-
$195,000 Jun 20, 2023
-
$351/mo
Commercial
Loft
-
-
$189,900 May 11, 2024
-
$289/mo
Commercial
Loft
-
-
$199,000 Sep 20, 2023
-
$169/mo
In Contract
Commercial
Loft
-
-
$179,000 Sep 21, 2023
-
$189/mo
In Contract
Multifamily
7 Beds
3 Baths
-
$173,000 Apr 21, 2024
-
$321/mo
Multifamily
4 Beds
3 Baths
-
$169,900 Apr 27, 2024
-
$173/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190305
03/05/2019
Studio
-
3550 ft²
$74,900
bedrooms
Studio
bathrooms
-
square feet
3550 ft²
$65,000 -13.22%
12/10/2019
Brad G. Bowman
20180904
09/04/2018
Studio
-
3550 ft²
-
bedrooms
Studio
bathrooms
-
square feet
3550 ft²
-
-
-
-

Building Info

2318 Niagara Street 2318 Niagara Street, Niagara Falls, NY 14303
  • 1 Unit for Sale
More about this Building
2318 Niagara Street
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About South End


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