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601 Spruce Avenue Niagara Falls, NY $ 299,900
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601 Spruce Avenue
$ 299,900
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601 Spruce Avenue

Niagara Falls, NY, 14301
$ 299,900
Baths0.0 Sq 1,760

Monthly Estimate*

$ 1,993

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Studio

Commercial Property for sale in Niagara Falls, NY

for $299,900. This 1,760 square foot building was built in 1901 on a lot size of 0.0895.

Excellent opportunity to purchase an operating, legal and permitted hostel in the City of Niagara Falls! With four spacious rooms, that are currently being rented as separate rooms rather than shared dorm style spaces, this property provides a very substantial net income. This property may also be run as a whole-house short term rental/AirBNB rather than a hostel. The active business "Wanderfalls Hostel and Guest House" is being sold along with the fully furnished structure. See also MLS# B1537050.

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Commercial Active

Price

$ 299,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 1,238

Style

Business

Lot Size

0.0895

Year Built

1901

Town/City

Niagara Falls

County/Region

Niagara

MLS | Web ID

B1537055
Features
General
Sewer PublicSewer
Heating Gas ForcedAir
Utilities SewerConnected WaterConnected
Possession Closing
Roof Asphalt Shingle
Zoning R3-B
Year Built 1901
Electric Item240Volts
Stories 2
Township Not Applicable
Levels Two
Property SubType Business
Business Name Wanderfalls Hostel..
County Niagara
Property Type CommercialSale
Subdivision Name Mile Reserve
Possible Use HotelMotel Residential
Garage Y/N Yes
Status Active
Directions Main to Spruce (one way)
City Niagara Falls
High School District Niagara Falls
Zoning Description Residential 2 Unit
Total Units 0
MLS Area Niagara Falls-City-291100
Lot Size Square Feet 3900.0
Waterfront Y/N No
Street Name Spruce
Year Built Details Existing
Tax Annual Amount 1238.0
Property Condition Resale
Lease Considered Y/N No
Virtual Tour https://idx.imprev.net/i/163604/B1537055/1355/html/virtualtour/listing/idx/index.html https://client.marketing.imprev.net/i/163604/B1537055/1355/html/virtualtour/listing/branded/index.html
Days on Market 1
Standard Status Active
Middle/Junior School District Niagara Falls
Elementary School District Niagara Falls
Tax Assessed Value 25000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 29
Property Sub Type Additional Business Commercial Other
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Interior
Basement Full
Flooring Hardwood Other SeeRemarks Varies
Total Fireplaces 0
Total Stories 2
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix Avenue
Main Level Bathrooms 0
Total Baths 0
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Exterior
Parking Features Common
Lot Features Rectangular
Water Source Public
Total Parking 3.0
Inclusions Land Building and Business
Lot Size Area 0.0895
Number of Buildings 1
Building Area Total 1760.0
Lot Dimensions 30X130
Lot Size Acres 0.0895
Lot Size Units Acres
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Internal Only
Street Number 1 601
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* Excluded Features
List By
Hunt Real Estate Era

Broker

(716) 243-9466

Phone

Affordability Calculator

$2,096
Per Month
95%
5%
0%
Monthly Principal & Interest
$1,993
Monthly Property Taxes
$103
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
248245 Elementary School
248084 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/10/2024$299,900 Listed Price

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601 Spruce Avenue, Niagara Falls, NY, 14301 is a Commercial Property for sale at $299,900 with 1,760 sqft and a lot size of 0.0895. 601 Spruce Avenue is a studio with 0.0 baths and was built in 1901. The property's zip code is 14301 which is in Niagara Falls, NY

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