Investor Opportunity – 42-Unit Redevelopment in Prime Downtown Niagara Falls, NY
Exceptional opportunity to acquire a 42-unit multifamily asset located in the heart of downtown Niagara Falls. Situated directly across from a major hospital, one block from the courthouse, and minutes from Niagara Falls State Park, this property offers unparalleled proximity to major employers, infrastructure, and one of the world’s top tourist destinations. This partially completed redevelopment project is primed for a new investor to step in and capitalize. All preliminary work has been professionally completed, including: environmental study, interior demolition & cleanup, rough plumbing.
This project offers flexibility for a range of investment strategies—long-term rentals, short-term furnished units, or mixed-use potential. Ideal for 1031 exchange or portfolio expansion Unlock substantial value-add potential in one of Western New York’s fastest-growing markets. All the groundwork is done—bring your vision and complete the project. Offered As-Is. Serious Inquiries Only.
Exceptional opportunity to acquire a 42-unit multifamily asset located in the heart of downtown Niagara Falls. Situated directly across from a major hospital, one block from the courthouse, and minutes from Niagara Falls State Park, this property offers unparalleled proximity to major employers, infrastructure, and one of the world’s top tourist destinations. This partially completed redevelopment project is primed for a new investor to step in and capitalize. All preliminary work has been professionally completed, including: environmental study, interior demolition & cleanup, rough plumbing.
This project offers flexibility for a range of investment strategies—long-term rentals, short-term furnished units, or mixed-use potential. Ideal for 1031 exchange or portfolio expansion Unlock substantial value-add potential in one of Western New York’s fastest-growing markets. All the groundwork is done—bring your vision and complete the project. Offered As-Is. Serious Inquiries Only.
Property Details
Price:
$1,200,000
MLS #:
B1696651
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Apartment
Subdivision:
Mile Reserve
Neighborhood:
niagarafallscity291100
Listed Date:
Jul 7, 2026
Finished Sq Ft:
31,464
Total Sq Ft:
31,464
Lot Size:
21,780 sqft / 0.50 acres (approx)
Year Built:
1958
See this Listing
Schools
School District:
Niagara Falls
Interior
Cooling
Other, See Remarks
Heating
Other, See Remarks
Exterior
Lot Features
Rectangular, Rectangular Lot
Parking Spots
3
Parking Total
3
Roof
Flat, Membrane, Rubber
Stories
3
Financial
Taxes
$13,896
Map
Community
- Address628 9th Street Niagara Falls NY
- SubdivisionMile Reserve
- CityNiagara Falls
- CountyNiagara
- Zip Code14301
Subdivisions in Niagara Falls
- Bellevue
- Building
- Chapin Place
- City/ Niagara Falls
- City/Niagara Falls
- Clarksville
- Cudaback & Cary
- Division/Mckoon Add
- Echota Land Company Sub
- Evershed
- Fi Pierce Sub
- Gerbasi
- Grove Ave
- H M Lymburners
- Heirs/A Agustus Porter Sh
- Highland Place
- Holland Land Companys
- Holland Land Companys Lan
- Holland Land Companys Pur
- Holland Land Cos Purchase
- Holland Land Purchase
- Holland Land Purchase Sub
- Holland Lane Purchase
- Holland Purchase
- Hopkins Avenue
- Hyde Park Blvd
- Julius Frebass
- Julius Frehsee
- Julius Frehsee Ce
- Lamont & Lammerts
- Max M Oppenheim
- Mckoon
- Mckoon Add
- Mile Reservation
- Mile Reserve
- Mile Reserve John C Lamme
- Mile Reseve
- Milo Reservation
- New York Mile Reserve
- New York State Mile Reser
- New York State Reservatio
- Niagara & Pennsylvania Re
- Niagara Falls
- Niagara View
- Niagara View Add
- Nigara View
- Parkway Condo
- Part/Mckoon Resub Add
- Portage Heights
- Prepared Warner Bros & Sc
- Property/Tomlinson & Pott
- Re Sub/Bldg/80 01 Street
- Riverview
- Sec 66
- Section 13063
- Section 14441
- Section 14448
- Section 14450
- Section 14455
- Section 14475
- Section 14483
- Section 159
- Section 15921
- Section 15926
- Section 15931
- Section 15941
- Section 15949
- Stadman Farm
- Steadman Farm
- Stedman Farm
- Stedman Farm 03 Prcl D
- Stedman Farm Prcl D 03
- Stedman Farms
- Studman Farm
- Suspension
- Sutton Place Condo
- T M Calladine Prop
- Thomas E Clarks Prop
- Townsands Niagara Falls R
- Township 13
- U S Department/Labor
- Uriah Binkley Estate
- Ward 12 Pro 1657
- Wc Johnson
Market Summary
Current real estate data for Commercial in Niagara Falls as of Sep 01, 2026
41
Commercial Listed
200
Avg DOM
49
Avg $ / SqFt
$483,800
Avg List Price
Property Summary
- Located in the Mile Reserve subdivision, 628 9th Street Niagara Falls NY is a Commercial for sale in Niagara Falls, NY, 14301. It is listed for $1,200,000
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Courtesy of Recckio R.E. & Development,Inc. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the New York State Alliance of MLSs. Detailed information about real estate listings held by brokerage firms other than Michael Paduano include the name of the listing broker. Neither the listing company nor Michael Paduano shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. New York State Alliance of MLSs. All rights reserved. 628 9th Street
Niagara Falls, NY