2501 Pine Avenue
$275,000
3
2
4,175
4,175
$66
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...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.
- Listed by Jayson Parker • Heritage Property SourceP: (716)-236-7644 C: (716)-266-5805 Jayson@HeritageTeam.com
Property Details for 2501 Pine Avenue
On Waterfront
No
Parking DescriptionPaved
Nearest Cross Street25th st
LISTING UPDATED: 07/29/2024 01:34 PM
Property Details for 2501 Pine Avenue
Status | Active |
---|---|
MLS # | B1555421 |
Days on Market | 115 |
Taxes | $4,242 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Residential / Mixed Use |
Year Built | 1930 |
Lot Size | 0.06 AC / 2,436 SF |
County | Niagara County |
Building Information for 2501 Pine Avenue
Stories2Residences2Year Built1930Lot Size0.06 AC / 2,436 SF
Property Information for 2501 Pine Avenue
Property History for 2501 Pine Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2501 Pine Avenue
Taxable ValueLand$8,500Additions$52,500Total$61,000
Home Facts
Total Finished SqFt2,925 SqFtAbove Grade Finished SqFt2,925 SqFtUnfinished Basement SqFt1,250 SqFtStories2Lot Size2,436 SqFtStyleOffice BuildingYear Built1930ZoningC2-BCountyNIAGARAAPN291100 159.26-1-7.1
Schools near 2501 Pine Avenue
This home is within Niagara Falls City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 3 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 6 |
Rating | School | Distance |
---|---|---|
Bloneva Bond Primary School PublicPK to 3 | ||
Gaskill Preparatory School Public7 to 8 | ||
Niagara Falls High School Public9 to 12 | ||
Hyde Park School PublicPK to 6 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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