555 Water Street, Youngstown, NY, 14174

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$1,350,000
159 Days On Site

555 Water Street
Youngstown, NY 14174

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
14,776
SqFt
$91
/SqFt
1950
Built
Subdivision:
Mile Reserve
County:
Niagara
Listing courtesy of Bruce J Andrews of Great Lakes Real Estate Inc. (716) 628-0051
Call Now: 716-676-6123
Is this the listing for you? We can help make it yours.
716-676-6123
555 Water Street555 Water Street555 Water Street555 Water Street
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Monthly Payment (Est.)

$6,159
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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.

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Listing Snapshot
Price 
$1,350,000
Days On Site 
159 Days
Bedrooms 
N/A
Inside Area (SqFt) 
14,776 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.5165 Acres
Year Built 
1950
MLS® Number 
B1670592
Status 
Active
Property Tax 
$17,305
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoStatus changed to Active
2 months agoListing updated with changes from the MLS®
5 months agoListing first seen on site
General Features
Acres 
0.5165
Building Features 
OfficePublicRestrooms
Cross Street 
Main
Levels 
Two
Number Of Stories 
2
Parking 
Common
Parking Spaces 
10
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
14776
Utilities 
Sewer ConnectedWater Connected
Water Source 
Public
Zoning 
MRNA FAC
Interior Features
Cooling 
Separate MetersCentral Air
Heating 
Natural GasSeparate MetersForced Air
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Exterior Features
Construction Details 
BlockFrameMetal Siding
Frontage 
300
Lot Features 
Irregular LotWaterfront
Other Structures 
Boat House
Roof 
AsphaltFlatMetal
Waterfront 
Yes
Waterfront Features 
River AccessStream
Community Features
MLS Area 
Youngstown-Village-293401
School District 
Lewiston-Porter
Township 
Youngstown-Village
Financing Terms Available 
Cash
Schools
School District
Lewiston-Porter
Elementary School
Unknown
Middle School
Unknown
High School
Lewiston-Porter Senior High
Listing courtesy of Bruce J Andrews of Great Lakes Real Estate Inc. (716) 628-0051



The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither the listing broker(s) nor shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © Last checked: 2026-09-08 06:55 PM UTC CNYIS, UNYREIS, WNYREIS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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