Hotel

Tonawanda, NY Hotels for Sale

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Buffalo, NY Amherst, NY North Tonawanda, NY
100-Room Hotel with Conversion Potential
Updated: Aug 28, 2024
100-Room Hotel with Conversion Potential

225 Crestmount Avenue, Tonawanda, NY 14150

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29,964 sqft
100 guest rooms
29,964 square feet
Potential conversion into 60 market‑rate apartments
Commercial zoning
Breakfast area and in‑house laundry facilities
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Tonawanda, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

DoubleTree by Hilton Hotel
DoubleTree by Hilton Hotel

150 West 4th Street, Jamestown, NY 14701

Contact for pricing
97,461 sqft

Eight-story hospitality property with 147 guest rooms and a 2019 redevelopment.

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Hotel with Fully Equipped Restaurant
Hotel with Fully Equipped Restaurant

1414 E 2nd Street, Jamestown, NY 14701

$250,000
7,308 sqft 0.28 AC lot

C-2 zoned corner property with a fully operational restaurant and 22 rental units, plus recent exterior and mechanical updates.

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Full-Service Marriott Hotel
Full-Service Marriott Hotel

1890 West Ridge Road, Rochester, NY 14615

Contact for pricing

Full-service hotel asset positioned within Rochester’s airport corridor.

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Renovated 86-Key Hotel
Renovated 86-Key Hotel

1954 Lyell Ave, Rochester, NY 14606

Contact for pricing

Renovated hospitality property with meeting space, fitness center, Wi-Fi, and truck and bus parking.

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Off-Market Properties in Tonawanda, NY

Consider similar Off-Market properties in Tonawanda, NY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

2400 Niagara Fls Blvd
HOTEL

2400 Niagara Fls Blvd, Tonawanda, NY 14150-2921

$935,000
Estimated value
50,205 sqft 2.34 AC lot
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Tonawanda, NY Hotels Market Trends and Statistics

Explore 2 hotels for sale in Tonawanda, NY on our real estate platform. These investment opportunities span a total of 29,964 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Hotels 1

Demographics Overview

Population 87K
Population Growth (5Y) -0.2%
Median Household Income $74,213
College Educated 41.8%

Taxes & Financing

Tax Rate vs County Average 9.49 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Erie County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Erie County

Retail

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Tonawanda fall within the 100,000+ square foot range.

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