About 2877 Niagara Street
This rare waterfront property combines residential comfort with commercial potential in one versatile package. The mixed-use layout includes three units: a street-level space zoned for business plus two residential apartments. You can choose to live upstairs while operating your own business on the first floor, or lease out all three units for steady income. Currently, the first-floor commercial unit is leased at $1,550/month through May 2026, providing immediate cash flow. The upper rear residential unit is also tenant-occupied at $800/month with a lease through May 2026. The additional upper-level unit offers flexibility for an owner-occupant or additional rental income (estimated rental rate $1100/mo). Recent improvements add peace of mind, including a brand-new roof installed in March 2024 with a transferable 15-year warranty, along with two additional gas meters added the same year. Entrepreneurs will appreciate the opportunity to establish a business in a high-visibility location, while investors can take advantage of the flexible rental income stream. Whether you’re looking for a place to live, invest, or work, this property offers endless possibilities along one of the most desirable stretches of waterfront in Niagara. Cross listed as Commercial - B1636557
Features of 2877 Niagara Street
| MLS® # | B1633332 |
|---|---|
| Price | $299,900 |
| Bedrooms | 3 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 5,425 |
| Square Footage | 6757 |
| Acres | 0.16 |
| Year Built | 1920 |
| Type | Residential |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 2877 Niagara Street |
|---|---|
| Area | Tonawanda-Town |
| Subdivision | Mile Reserve |
| City | Tonawanda |
| County | Erie |
| State | NY |
| Zip Code | 14207 |
Amenities
| Utilities | Sewer Connected, Water Connected, Other, See Remarks, Trash Collection, Water |
|---|---|
| Features | Near Public Transit, Rectangular, Rectangular Lot, Residential Lot |
| Parking | Concrete, Two or More Spaces |
| Garages | Concrete, Two or More Spaces |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Carpet, Ceramic Tile, Hardwood, Tile, Varies, Vinyl |
|---|---|
| Appliances | Gas Water Heater |
| Heating | Gas, Other, See Remarks, Forced Air |
| Cooling | Other, See Remarks |
| Fireplace | No |
| # of Stories | 2 |
| Stories | 2 |
| Has Basement | Yes |
| Basement | Full |
Exterior
| Exterior | Brick, Vinyl Siding |
|---|---|
| Lot Description | Near Public Transit, Rectangular, Rectangular Lot, Residential Lot |
| Construction | Brick, Vinyl Siding |
| Foundation | Stone |
School Information
| District | Kenmore-Tonawanda Union Free District |
|---|
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Office | Red Door Real Estate WNY LLC |
|---|---|
| Contact Info | 716-866-8361 |