Investor Opportunity – 42-Unit Redevelopment in Prime Downtown Niagara Falls

628 9th St, Niagara Falls, NY 14301

Property Information

  • For Sale $1,499,000
  • Property Type Multi-Family
  • Property Size 25,890 SF
  • Units 42
  • Lot Size 0.5 Acre
  • Building Class C
  • Year Built 1951
  • Date Updated Jul 17, 2026

Description

Discover an exceptional investment opportunity in downtown Niagara Falls! The area surrounding the property boasts a rich tapestry of attractions, including the iconic Niagara Falls State Park, just a short distance away. This world-renowned natural wonder draws millions of visitors annually, offering your future residents a captivating backdrop for leisure and exploration. Invest in a burgeoning tourist destination, with an array of charming local eateries, captivating museums, and exciting entertainment options in the vicinity. With its proximity to the falls and a vibrant downtown scene, this location presents a compelling opportunity for savvy multifamily/mid-rise investors seeking to capitalize on the allure of one of the world's most celebrated landmarks.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.

Highlights

  • 25,890 SF building
  • Built in 1951
  • Strategic location in Niagara Falls area
  • Zoned Commercial

Contacts

Location

Contact Listing Broker
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.