10158 Niagara Falls BlvdNiagara Falls, NY 14304

Property Details for 10158 Niagara Falls Blvd

Year built

1980

Lot size

1.17 AC

Property size (Sq ft)

9,945 SF

Zone code

C3

Property type

Investment properties

Property subtype

Retail residential properties

APN

291100 146.19-3-16

APU

29110014619316

Description

This exceptional Niagara Falls property at 10158 Niagara Falls Blvd offers a unique blend of office and retail space, ideal for a variety of businesses. The 10,000 square foot building, constructed in 1980 and classified as Class B, sits on a 1.17-acre lot (50,949 square feet) and features ample parking with 50 spaces. Currently, there are 3,500 square feet of vacant space available, divisible into units as small as 1,750 square feet, with a maximum contiguous space of 3,500 square feet. The building is comprised of two suites in a single-story structure. The property's zoning is C3, allowing for diverse commercial uses. Its prominent location on Niagara Falls Boulevard, near Porter Road, ensures high visibility and accessibility. The available space is move-in ready and adaptable to various needs, including medical, office, or retail uses. A separate 4,000 square foot space is also available, previously used as a restaurant and equipped accordingly. Long-term leases are preferred. This is a fantastic opportunity to establish a thriving business in a high-traffic area.

• CAP approach

  CAP return

  Valuation

  6%

  $2,237,021

  6.5%

  $2,064,943

  7%

  $1,917,447

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,474,730

  Geo Method

  $969,742

• Alternative Use

  Use

  Valuation

  Residential

  $2,064,943

  Hospitality

  $1,891,476

  Educational

  $1,573,686

  Medical

  $1,627,808

  Retail

  $2,447,956

Location Insight

City

Niagara Falls

County

Niagara

State

New York

Latitude

43.0989

Longitude

-78.945

CBSA code

15380

CBSA name

BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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