540-544 Niagara Street Buffalo, NY 14201
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 TypeMulti-Family
- NeighborhoodN/A
- CountyErie
- Taxes$7,774
- HOA/Condo/Coop Fees$0
- Days on Site62 Days
- MLS StatusActive
- MLS ID NumberB1550066
- Home Size Source Public Records
- Year Built1925
- Lot Size0.2 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction BrickBlockConcrete
- Parking Three Or More Spaces
- Basement Full
- Number of Stories 222
- Acreage 0.2
- Water Public
- Cross Street Pennsylvania St
- Utilities Sewer ConnectedWater Connected
- Listing Conditions Standard
Interior Features
- Heating GasForced AirRadiant
- Appliances Gas Water Heater
- Flooring CarpetHardwoodVaries
- Fireplaces 0
- Fireplace No
Exterior Features
- Roof AsphaltMembraneRubber
- Waterfront Property No
- Exterior Blacktop Driveway
- Lot Residential Lot
- Road Frontage City Street
Community Features
- Township Not Applicable
- Community Features OtherSee Remarks
- MLS Area Buffalo City-140200