Listing provided courtesy of Great Lakes Real Estate Inc.MLS# B1670592MLS ProviderContact Information: 716-754-2550
  • 88 days on site
  • 30 views

Rare waterfront investment opportunity in the heart of Youngstown, New York! Ideally situated at the mouth of the majestic Lower Niagara River where it meets Lake Ontario, this exceptional mixed-use property offers multiple income streams in one truly breathtaking location. The offering includes 2 commercial storefronts, 2 spacious updated apartments, and 12 fully leased boat slips pre-leased for the coming year creating immediate and reliable cash flow. The boat slips generate $25,000 annually while the storefronts produce $24,000 per year with the apartments providing additional rental income. The residential component features one updated 3-bedroom apartment and one spacious 2-bedroom apartment making this a versatile and lucrative investment. Beyond the existing income, the property also includes an impressive marina operation with room for up to 12 more boat slips and approved for 60 mooring balls for sailboats and gasoline dispensing facilities. There is a public boat launch directly next door. Located adjacent to the Youngstown Yacht Club and directly across from beautiful Niagara-on-the-Lake, and a short walk to Fort Niagara State Park this one-of-a-kind property offers stunning views of the Canadian shoreline in the charming waterfront Village of Youngstown.

Source: New York Alliance, MLS#: B1670592

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  • Property Type
    Commercial Sale
  • Lot
    0.52 acres

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Alan "Al" Ryer

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 555 Water Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/18/2026Source: New York Alliance Status Change
Active Under Contract
5/14/2026Source: New York Alliance Status Change
Pending
4/3/2026Source: New York Alliance Added to Database
April 03, 2026