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    983-1049 Payne Ave North Tonawanda, NY 14120

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    For Lease
    Contact for pricing

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

    Property size:
    2,150 SF
    Lot size:
    12.51 Acres

    Property Features for 983-1049 Payne Ave

    General Information

    Size
    2,150 SF
    Lot size
    12.51 Acres

    Source: Cushman & Wakefield | Pyramid Brokerage - Buffalo Agent Robert Cowing III

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

    Overview

    Retail Space in High-Traffic Plaza

    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.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Similar Places Nearby

    Mid-city Plaza

    Location Insight

    • Map
    • Local Demand
    City
    North Tonawanda
    County
    Niagara
    State
    New York
    Longitude
    -78.8776103
    Latitude
    43.0503835

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    FAQs

    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
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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
    983-1049 Payne Ave North Tonawanda, NY 14120
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