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    47th Niagara St Tonawanda, NY 14150

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    For Lease
    $15,500 /Mo ($14 SF/Yr)

    High-visibility Tonawanda commercial property suitable for retail, office, or medical use.

    Property size:
    13,286 SF
    Lot size:
    1.37 Acres

    Property Features for 47th Niagara St

    General Information

    Size
    13,286 SF
    Lot size
    1.37 Acres

    Source: 716 Realty Group WNY Agent Mike Cipolla

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Tonawanda Commercial Property for Lease

    Located in Tonawanda along the canal, this commercial property offers high visibility and traffic. The building, formerly a Rite Aid, is suitable for retail, office, medical, hospitality ventures, or restaurant conversion. The property is positioned for success, surrounded by ongoing development and a thriving local economy. It has direct access to major roadways and pedestrian traffic, located steps from the canal's recreational spaces and popular community events. The area is experiencing a surge in development, with new businesses, residential projects, and community investments transforming the area. The property is located steps from the canal, attracting foot traffic from waterfront activities, nearby parks, and festivals. On-site parking ensures ease of access for customers, staff, and deliveries. The open layout is ready for customization and suitable for retail, professional offices, medical facilities, or creative hospitality concepts. The property size is 13286 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tonawanda
    County
    Erie
    State
    New York
    Longitude
    -78.8797307
    Latitude
    43.0196682

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    FAQs

    What type of property is this?
    Retail space - High-visibility Tonawanda commercial property suitable for retail, office, or medical use.
    Where is this retail space located?
    The property is located at 47th Niagara St Tonawanda, NY.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location in rapidly growing Tonawanda area along the canal.; - Versatile space suitable for retail, office, medical, hospitality, or restaurant conversion.; - Direct access to major roadways and pedestrian traffic with high visibility.
    (716) 266-6691
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    47th Niagara St Tonawanda, NY 14150
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