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Listed price in listed location currency (USD).
$759,000

800

MLS® B1670399

Overview

Key Facts

Type 
Levels Residential Income
Size 13991 sqft
Garage 
Taxes $19,538
Days Active 16
Lot Size 
Approx. Age 1925
Avg. Price Per Sqft $54
MLS® Number B1670399

Property Address: 435 3rd St, Niagara Falls, NY, 14301-1505

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberB1670399
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1925
BasementFull, Sump Pump
DrivewayThree Or More Spaces, Driveway, No Garage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 2, 2026List Date
$759,000List Price

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