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116 Broad St 14,125 SF Specialty Building Offered at $300,000 in Tonawanda, NY 14150
Investment Highlights
- Former Church
- Unlimited Potential
- Prime Opportunity in downtown corridor
Executive Summary
THIS STRATEGIC PROPERTY IS SET TO BENEFIT FROM A $10,000,000 STATE AWARD FOR AREA PROJECTS and exonomic expansions. The 14,125 SQUARE FEET OF PROPERTY is comprised of 3 diverse components, each with unique opportunity, such as a mixed-use construction showroom and supply house coupled with condos, or a hotel, or preschool or 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. This property constitutes a compelling investment opportunity ahead of planned economic expansion,
Property Facts
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Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 141600-039-450-0003-013-000 | Improvements Assessment | $418,000 |
| Land Assessment | $42,000 | Total Assessment | $460,000 |
Property Taxes
Parcel Number
141600-039-450-0003-013-000
Land Assessment
$42,000
Improvements Assessment
$418,000
Total Assessment
$460,000
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116 Broad St
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