Refine Search
Map
Sort by
$759,000
B1670381 MLS
Prime mixed-use investment opportunity in the heart of downtown Niagara Falls! Located just steps from Niagara Falls State Park and the Rainbow Bridge, this fully turnkey, income-producing property sits in a high-traffic tourist corridor within the Redevelopment District. With access to over 14 million annual visitors, the site benefits from exceptional pedestrian traffic and immediate international cross-border exposure. Positioned within a vibrant, revitalized, and walkable district. Please note that this property may be eligible for a grant of up to 100k from the City of Niagara Falls and it may be used towards renovation and acquisition. It is reimbursed and 10% must go towards exterior improvements (signage, landscaping, parking lot improvements etc.). The fully leased building consists of 8 residential apartments and 2 commercial units, all with separate utilities and on-site parking. Recent improvements include newer windows and sewer lines, along with updated apartments featuring modern kitchens, newer appliances (all included), fresh paint, and new laminate flooring. The lower commercial unit includes a spacious bar area, outdoor patio, walk-in cooler, two bathrooms, ice machines, sump pump, and basement storage. The second lower commercial space offers a flexible open layout with a standard entry, garage door access to 3rd Street, separate delivery entrance, A/C, walk-in cooler, sump pump, basement, ADA-compliant bathroom and is the future site of a museum/lounge. Residential units feature a diverse unit mix: one large 3-bedroom, 2-bath apartment with separate entrances, high ceilings, natural woodwork, dining room, and basement; two 2-bedroom units (one with patio, one with porch); and five 1-bedroom units. Fully occupied and well-maintained, this property delivers immediate cash flow in a premier location with strong tourism demand. Conveniently located near public transportation, restaurants, entertainment, special events, and more! Building only for sale; businesses not included. Property is also listed under B1670399.

435 3rd Street, Niagara Falls
$759,000
8 Beds ⋅ B1670399 MLS
Exceptional mixed-use property anchored by 8 income-generating residential apartments, complemented by 2 commercial spaces, delivering multiple streams of stable, diversified income. Located just steps from Niagara Falls State Park and the Rainbow Bridge, this high-visibility asset sits in a premier tourist corridor benefiting from over 14 million annual visitors. The residential component is fully leased & well maintained, featuring separate utilities for all units and on-site parking. The unit mix includes one spacious 3-bedroom, 2-bath apartment with historic charm & private entrances; two 2-bedroom units; five 1-bedroom units, offering strong occupancy appeal & consistent rental demand. Units have been updated with modern kitchens, newer appliances (included), fresh paint & laminate flooring. Additional improvements include newer windows and updated sewer lines. The commercial component provides valuable supplemental income and long-term upside. The lower left unit is occupied by an established tenant and features a Pub with indoor seating, outdoor patio, walk-in cooler and dedicated storage. The second commercial unit offers a flexible, large-format layout with multiple access points, including garage-style entry and delivery access, making it attractive for a variety of uses such as retail, gallery, entertainment, or hospitality concepts. This future space is currently leased and is positioned for a museum/lounge concept, highlighting its adaptability & additional income potential. Both commercial units also have all separate utilities and are designed to support steady tenancy in a high-demand tourism & entertainment district, enhancing overall property cash flow and reducing reliance on a single income source. Surrounded by dining, entertainment, public transportation & year-round attractions, this walkable location supports both residential stability & commercial success. Please note that this property may be eligible for a grant of up to 100k from the City of NF & it may be used towards renovation & acquisition. It is reimbursed & 10% must go towards exterior improvements (signage, landscaping, parking lot improvements etc). Also listed under B1670381.

435 3rd Street, Niagara Falls