116 Broad St 14,125 SF Specialty Building Offered at $300,000 in Tonawanda, NY 14150

BUY OR LEASE A STRATEGIC PROPERTY with a potential for grants, PILOT and other business incentives for this 14,125 square feet property. Varied options are possible with the 3 different components in a prime economic location, such as a true mixed use from a 2-story electrical or construction show room/supply house mixed with condos in the front area, or a hotel, or preschool to an events/catering center with educational businesses such as Mathnasium. The components are perfect for phased development, any of which would thrive in this downtown corridor at 116 Broad Street in Tonawanda. The property's aesthetic charm extends to nearby eateries and pubs, the Niagara Seaway Trail, boating and riverfront concerts. With the building’s current stripped interior, you have a great blank sheet for design flexibility and your redevelopment vision. An Asbestos Abatement Report has been done showing the property is free and clear, and an estimate for geothermal heat pumps has been identified by Nocco Energy Corporation. As has been done with other church buildings, this property constitutes a compelling investment opportunity with potential for consistent returns.