2501 Pine Avenue, Niagara Falls home/condo for sale | B1518598

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Property Description

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.

Other located at 2501 Pine Avenue. The property was built in 1930. 2501 Pine Avenue is in the Niagara Falls neighborhood.

Listed by: Keller Williams Realty

Mortgage Estimation Calculate Your Own

20% down payment

$1,051

per month

35% down payment

$854

per month

50% down payment

$657

per month

Estimated mortgage based on 2.7% on a 30 year amortization based on some lenders

roomvu is not liable for data estimates generated by computer modeling, which may not reflect exact market values

Property Description

Mortgage Estimation Calculate Your Own

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