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Retail Space in High-Traffic Plaza
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983-1049 Payne Ave, North Tonawanda, NY

Grocery-anchored retail space in North Tonawanda's central residential area.

Property Size2,150 SF
Lot Size12.51 Acres
Days on Market678

Property Features for 983-1049 Payne Ave

General Information

Standard status Active
Size 2,150 SF
Lot size 12.51 Acres
Property subtype RETAIL
Listing Agency: Cushman & Wakefield | Pyramid Brokerage - Buffalo
Listed By: Robert Cowing III
Source: Moodyscre
Added: Sep 24, 2024 Changed: Jul 10 Last Checked: Jul 21 at 6:58AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield | Pyramid Brokerage - Buffalo

Investment Insights

Based on property information with market context.

This 2150-square-foot retail space is located in a premier plaza in the center of North Tonawanda's densely populated residential area. Situated at the intersection of Meadow Drive and Payne Avenue, the location benefits from high traffic and visibility. The property is next to North Tonawanda Middle School and High School. The grocery-anchored center features a diverse mix of tenants, including Tops, McDonalds, Tim Horton's, CVS, and Dollar Tree. Ample on-site parking is available. The property is suitable for a wide variety of retail users, restaurants, fitness centers, professional medical, wellness, and office users.

Key Highlights

  • Grocery‑anchored center with diverse tenants including Tops, McDonalds, Tim Horton's, CVS, and Dollar Tree.
  • High traffic and visibility at the intersection of Meadow Drive and Payne Avenue.
  • Located in a densely populated residential area.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Hair Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

350
Businesses Nearby
131k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 43% Shops & Services 34% Groceries 19% Home Improvements & Furnishings 2%
Tops Friendly Markets Groceries
24,817 visits/mo 0.2 miles
McDonald's Dining
20,167 visits/mo 0.2 miles
Dollar Tree Shops & Services
14,244 visits/mo 0.1 miles
Tim Hortons Dining
12,769 visits/mo 0.2 miles
Burger King Dining
10,831 visits/mo 0.1 miles

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Similar Off Market Nearby

  • Mid-city Plaza — 967 Payne Ave, North Tonawanda, NY 14120

Frequently Asked Questions

What type of property is this?
Shopping center - Grocery-anchored retail space in North Tonawanda's central residential area.
Where is this shopping center located?
The property is located at 983-1049 Payne Ave North Tonawanda, NY.
What are key features of this property?
This property features: Grocery‑anchored center with diverse tenants including Tops, McDonalds, Tim Horton's, CVS, and Dollar Tree.; High traffic and visibility at the intersection of Meadow Drive and Payne Avenue.; Located in a densely populated residential area.
(716) 870-1011 Call to check price and availability
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