Exciting opportunity to be part of the transformational redevelopment of Niagara St! Very large (7,731 total sq ft), brick, mixed-use investment property with reliable cash flow. Sale includes two buildings (540 Niagara St & 544 Niagara St). Property consists of: two storefront businesses (one barbershop, one restaurant/bakery, both well established & successful); a three bedroom townhome (tenant occupied); a partially gutted two bedroom townhome; and a two bedroom upper apartment (vacant). Separate utilities. Full, dry basement. Driveway, two car detached garage, & additional parking in the rear. Property is centrally located between downtown, Peace Bridge into Canada, Buffalo Niagara Medical Campus, D’Youville College, Allentown, & Elmwood Village. Close proximity to major thru-way systems. Current gross annual income $55,800. With renovation of the partially gutted townhome & leasing of the vacant two bedroom upper apartment, potential gross annual income $85,800.
