2877 Niagara Street, Tonawanda, NY

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 Multi - B1633332

Listing Map