Mixed-use building located at 568 Niagara Street, situated between Porter Avenue and Jersey Street, for sale. This price includes the business and equipment. This 5,100-square-foot property features the Nickel City Mini Mart and four residential apartments. The current gross monthly income is well below market rent, though there is significant upside as the apartments are currently under-rented to family members. Recent updates to the building include a total roof tear-off completed four years ago, as well as updated furnaces and electrical systems. Additionally, the owner recently installed a 12-foot hood with an Ansul system, adding significant value for potential food takeout operations. Building S/F is 5,100 which does not include the basement S/F of 2329 as shown in tax records.

Source: New York Alliance, MLS#: B1658118

Love this property?

Create a profile so you can receive updates on this property as soon as they happen!

Property Type

Commercial Sale

Get in Contact

Would you like to know more about this property? We're here to help! Let's connect and find what you're looking for.

Millie Blasz Achtyl
Licensed Real Estate Salesperson
Hamburg Branch
Cell 716-998-9851
Client Ratings:

Median Age

33
Population Density

10,307
College Educated

43%
Estimated Median Income

$29,814
Estimated Total Home Owners

1,304
Estimated Total Renters

4,110
Owner / Renter Divide

24% / 76%
Estimated Average Household Size

2
Total Population

11,192
Community data courtesy of LiveBy, Inc.

Owning this Home

Estimated Monthly Cost

Price

Down Payment

$ %

Loan Length (years)

Interest Rate

* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.