Bank and Retail
1930 Niagara Falls Blvd. Tonawanda, NY 14150
1930 Niagara Falls Blvd., Tonawanda, NY, 14150
Contact for pricing
For Sale
Contact for pricing
Multi-use storefront property for sale in Tonawanda near major retail centers along Niagara Falls Boulevard.
Property Size6,800 SF
Price / SF$274.26
Days on Market41
Property Features for 1930 Niagara Falls Blvd.
General Information
- Standard status
- Active
- Size
- 6,800 SF
- Property subtype
- Retail
Listing agency
Cooper Commercial Investment Group
(216) 562-1981
Listed by
Dan Cooper · License #OH 009003618
Source
Crexi
Added: Jun 11 Updated: Jul 21 at 6:10AM Checked: Jul 21 at 6:10AM
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 Cooper Commercial Investment Group
Investment Insights
Based on property information with market context.
This for-sale bank and retail storefront property is located at 1930 Niagara Falls Blvd., Tonawanda, NY 14150. The asset is positioned to serve a well-established suburban commercial market within the greater Buffalo metropolitan area.
Tonawanda is approximately 12 miles south of Downtown Buffalo, with strong access to the region’s transportation network. The property benefits from proximity to Interstate 290 (Youngmann Expressway), Interstate 190, Interstate 90 (New York State Thruway), and U.S. Route 62 (Niagara Falls Boulevard). Buffalo Niagara International Airport is approximately 8 miles away.
Niagara Falls Boulevard is described as a major commercial thoroughfare with a concentration of national retailers, restaurants, entertainment venues, hotels, and service-oriented businesses. The property is also stated to be just steps from local retail destinations including Boulevard Consumer Square, Boulevard Mall, and The Shops at Sheridan Plaza, along with nearby grocery-anchored shopping centers.
Tonawanda is approximately 12 miles south of Downtown Buffalo, with strong access to the region’s transportation network. The property benefits from proximity to Interstate 290 (Youngmann Expressway), Interstate 190, Interstate 90 (New York State Thruway), and U.S. Route 62 (Niagara Falls Boulevard). Buffalo Niagara International Airport is approximately 8 miles away.
Niagara Falls Boulevard is described as a major commercial thoroughfare with a concentration of national retailers, restaurants, entertainment venues, hotels, and service-oriented businesses. The property is also stated to be just steps from local retail destinations including Boulevard Consumer Square, Boulevard Mall, and The Shops at Sheridan Plaza, along with nearby grocery-anchored shopping centers.
Key Highlights
- Multi‑use storefront property in Tonawanda near major retail centers along Niagara Falls Boulevard
- Just steps from Boulevard Consumer Square, Boulevard Mall, and The Shops at Sheridan Plaza
- Located along a major transportation corridor near Interstate 290 (Youngmann Expressway)
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $122.4k | $18.00 |
| − Vacancy | −$13.2k | −$1.94 |
| EGI | $109.2k | $16.06 |
| − OpEx | −$27.3k | −$4.01 |
| NOI | $81.9k | $12.04 |
6,800 SF · lease $18.00/SF/yr · vacancy 10.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.17M
$1.02M – $1.36M
NOI $81,886 @ 7.0% cap · market cap 4.39%
Second Best
Retail
$873.4K
$764.3K – $1.02M
NOI $61,141 @ 7.0% cap · market cap 3.28%
Theoretical Best
Office A
$1.49M
$1.30M – $1.73M
NOI $104,056 @ 7.0% cap · market cap 5.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
KeyBank
Bank
ATM (Key Bank)
Atm
Similar For Sale Nearby
FAQs
What type of property is this?
Bank - Multi-use storefront property for sale in Tonawanda near major retail centers along Niagara Falls Boulevard.
Where is this bank located?
The property is located at 1930 Niagara Falls Blvd. Tonawanda, NY.
What is the asking price?
The asking price for this property is $1,865,000.
What are key features of this property?
This property features: Multi‑use storefront property in Tonawanda near major retail centers along Niagara Falls Boulevard; Just steps from Boulevard Consumer Square, Boulevard Mall, and The Shops at Sheridan Plaza; Located along a major transportation corridor near Interstate 290 (Youngmann Expressway)
