516 6Th St, Niagara Falls, NY 14301

114,000 SF | 100% Leased | Flex Building | Niagara Falls, NY 14301 | $2,500,000 ($22/SF)

Asking Price $2,500,000

Property Type
Industrial
Price / Square Foot
$22

Listing Contacts

Shri Singh
Shri Singh
  • Property Info

Property Overview

Prime location, located in the center of Niagra Falls, New York. 114,000 square feet of brick building. The St. Mary's Hospital with a six-story building with a total of 119 rooms, with water views from the top two floors, was built in 1902. The building is located just 0.8 miles from the world's wonder Niagara Falls, 0.4 miles from the city center and Seneca Casino, and 0.3 miles from the Niagara Medical Center. Due to the age of construction, the building is a historical building, and the US state and federal governments have subsidies. This huge building can be used for many different projects. The building can be transformed into 180-200 rooms, and can be transformed into nursing homes, factories, houses, shops, etc....The initial investment is for building purchase and pollution cleaning, etc. The latter investment can be used as construction loans. The local city and county governments strongly supported the renovation of old buildings and provided many incentives.

Property Details

Class
C
Year Built
1905
Stories
6
Property Subtype
Flex, Distribution, Warehouse, Medical, Office Live/Work Unit
Lot Size (sq. ft)
19,166 SF

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