540-544 Niagara Street, Buffalo , 14201
Listing ID: B1550073
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$299,900
Price
0.00
Beds
0.00
Baths
7731
Sq. Ft.
Built: 1925
Listed: 2 months ago
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Property Description

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.

Other located at 540-544 Niagara Street. It has 0.00 beds, 0.00 bathrooms, and is 7731 square feet. The property was built in 1925. 540-544 Niagara Street is in the Buffalo neighborhood.
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Listed by: Howard Hanna
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JM
Julie M Murek
(716) 885-4000

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JM
Julie M Murek
(716) 885-4000
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$3,703.37
Monthly
$878,400
Total Mortgage
$219,600
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