Map
Listed price in listed location currency (USD).
$2,900,000

00200

MLS® B1706628

Overview

Key Facts

Type 
Levels Commercial Sale
Size 41549 sqft
Garage 
Taxes $8,386
Days Active 20
Lot Size 0.3336 Acres
Approx. Age 1900
Avg. Price Per Sqft $69
MLS® Number B1706628

Property Address: 54 Webster St, North Tonawanda, NY, 14120-5814

Average square foot calculated using Size range provided by listing agent.

Description

Prime Prime investment opportunity in booming downtown North Tonawanda. Partnership breakup requires sale of partially developed building. The ground floor is fully occupied with solid commercial restaurant tenants and a NY State Government agency. The 2nd floor apartments are framed out but not complete. There is plenty of space in this building to add additional revenue. The NOI is based on actual rental income. A pro-forma would put this building well north of three million. The improvements to the property included: new electrical service, new plumbing services, many all new HVAC unites throughout, windows and extensive improvements to accommodate the existing tenants. These capital improvements are not reflected in the NOI. A must tour to understand the enormous upside this property offers. Additional Pictures, plans and drawings available
MLS® NumberB1706628
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
BasementFull
DrivewayCommon
Garage Spaces
HeatGas, Forced Air
A/CCentral Air

Extras

Building Only

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