$300,000

116 South Broad Street, Tonawanda, NY 14150

  • 14,125 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon0.3acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $21/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

SELLER MOTIVATED OFFERING A STRATEGIC PROPERTY in the Downtown Revitalization Initiative (DRI) with a potential Small Business Grant for the 14,125 square feet. In a prime evonomic opportunity location, this 3-component property is ideal for a mixed-use vision such as for contractor or medical offices, product showrooms and warehousing, catering, training centers, more of which would thrive in this downtown corridor at 116 Broad Street in Tonawanda. The property's aesthetic charm can invite apartment living (an estimated ten units) with its nearby access to biking paths, shops, restaurants and pubs, riverfront concerts, a lifestyle much demand in today's market. The building’s current stripped interior is a great blank sheet for design flexibility and out of the box redevelopment. An Asbestos Abatement Report has been done showing the property is free and clear, and an estimate for geothermal heat pumps has been provided by Noco Energy Corporation. This property constitutes a compelling investment opportunity with potential for consistent returns. The current owner has relocation plans creating an open door for a new owner to unleash the property's income potential in its new identify.

Listing Status:
Active
Date Added:
September 6, 2025 at 05:00AM
Listing Office:
Coldwell Banker Integrity Real : 716-691-9800
Listing Agent:
Vicki Kessinger : 716-334-8292
MLS ID:
B1635972
  • Basement: Full
  • Flooring: ConcreteHardwoodVaries
  • A/C: OtherSee Remarks
  • Heating: GasOtherSee RemarksNone
  • Fireplace: Fireplaces: 0
  • Disability Feature: Other
  • Parking: Off SiteOn SiteParking spaces: 25
  • Roofing: AsphaltFlat
  • General: FrameMasonry3
  • Originating MLS: NYS_B
  • School District: Tonawanda City
  • County: Erie
  • Zoning: Commercial141600-039-450-0003-013-000
  • Utilities: Electricity AvailableNatural Gas AvailableSewer AvailableWater Available
  • Source: NYS_B

This listing courtesy of Vicki Kessinger, Coldwell Banker Integrity Real

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

F

Fletcher Elementary School

555 Fletcher St, Tonawanda, NY, 14150

Grades 4-6

1.07 miles away

T

Tonawanda Middle/High School

600 Fletcher St, Tonawanda, NY, 14150

Grades 6-12

1.09 miles away

T

Tonawanda Middle/High School

600 Fletcher St, Tonawanda, NY, 14150

Grades 6-12

1.09 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.