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Five-Unit Apartment Building with Parking
For Sale
Contact for pricing
Pending

16 Walnut St, Gowanda, NY 14070

Brick multifamily property with four occupied units, separate metering, and two included parcels.

Property SizeContact for details
Days on Market141

Property Features for 16 Walnut St

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 80%

Additional Details

Multifamily Units 5

Amenities

off-street parking
separately metered

Building Details

Buildings 1
Construction brick
Tenancy Multi
Listing Agency: WNY Metro Roberts Realty
Listed By: Alicia Wittman · License #NY 10301219240
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 9:57AM

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 WNY Metro Roberts Realty

Investment Insights

Based on property information with market context.

This brick apartment property includes five units across two parcels, with four units currently occupied. Each unit has separate utility metering, and off-street parking is provided on the site. The additional parcel area may support future development or expansion, subject to applicable approvals.

The property is located at 16 Walnut St near a local business district, providing residents with convenient access to nearby commercial services. The building’s unit count, existing occupancy, parking, and parcel configuration create a straightforward multifamily asset with established operations and additional land area.

Key Highlights

  • Five‑unit apartment building with four tenant‑occupied units
  • Two parcels included in the property
  • Separate utility metering for each unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Restaurant Big Box & Wholesale Store HVAC Service Parking Lot & Garage Auto Repair Shop

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

5
Residential units
80%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

253
Businesses Nearby

Demographics for 14070, NY

5,093
Population
2,589
Households
2
Avg Household Size
44
Median Age
15%
College-Educated
88%
High-School Grad
50.8 sq mi
ZIP Area
100
Density / Sq Mi
$51,620
Median Household Income
$39,330
Median Earnings
$740
Median Rent
$100,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Brick multifamily property with four occupied units, separate metering, and two included parcels.
Where is this apartment building located?
The property is located at 16 Walnut St Gowanda, NY.
What are key features of this property?
This property features: Five‑unit apartment building with four tenant‑occupied units; Two parcels included in the property; Separate utility metering for each unit
(716) 239-9001 Call to check price and availability
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