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Remodeled Retail Building with Two Suites

2354 Niagara Falls Blvd Tonawanda, NY 14150

New
2354 Niagara Falls Blvd, Tonawanda, NY, 14150
$599,000
For Sale
Claim this Listing
$599,000

Remodeled retail building with two tenant-ready suites, ample parking, and a full basement, positioned on Niagara Falls Blvd.

Property Size2,300 SF
Price / SF$260.43
AddedJul 13
Days on Market3
Last RefreshJul 15 at 2:21 am

Property Features for 2354 Niagara Falls Blvd

General Information

Standard status
Active
Size
2,300 SF
Property subtype
Commercial

Building Details

Year Built
1950

Listing office

Listing date Jul 13, 2026

Source Elliman

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 Michael A Ciminelli II


Investment Insights

Based on property information with market context.

This meticulously remodeled commercial building includes two distinct retail suites totaling 2,300 square feet. The main unit is currently operating as the “House of Hair” barber shop, presented as a turn-key space with luxurious finishes and flexible options for continued use or repurposing. The second suite is currently rented as a nail salon, providing immediate income potential.

The property is located on Niagara Falls Blvd, with nearly 30,000 vehicles passing by daily for strong visibility to Tonawanda and Amherst residents. On-site parking is available for clients and staff, and the building also includes a full basement that can be used for additional storage.

Overall, the configuration supports an owner-occupant scenario for one suite while retaining the option of rental income from the other.

Key Highlights

  • Remodeled commercial building on Niagara Falls Blvd with 2,300 SF and two suites
  • Main suite is the “House of Hair” barber shop, with turn‑key interior and luxurious finishes
  • Second suite is currently rented as a nail salon

Local Financial Insights For 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 $33.1k $14.40
− Vacancy −$3.6k −$1.56
EGI $29.5k $12.84
− OpEx −$8.9k −$3.85
NOI $20.7k $8.99
2,300 SF · lease $14.40/SF/yr · vacancy 10.80% · expense 30.00%

Alternative Uses

Best Use
Retail
$295.4K
$258.5K – $344.7K (±1% cap)
NOI $20,680 @ 7.0% cap · market cap 3.45%
Second Best
no second resolved use
Theoretical Best
Office A
$502.8K
$440.0K – $586.6K (±1% cap)
NOI $35,196 @ 7.0% cap · market cap 5.88%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Nailmatic Nail Salon House of Hair Barbershop Barber Shop

Suggested Use

Real Estate Agency Law Firm Spa & Massage Center Restaurant Dental Office Nail Salon Auto Parts Store Gym & Fitness Center Electrical Service Hair Salon

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

FAQs

What type of property is this?
Storefront property - Remodeled retail building with two tenant-ready suites, ample parking, and a full basement, positioned on Niagara Falls Blvd.
Where is this storefront property located?
The property is located at 2354 Niagara Falls Blvd Tonawanda, NY.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Remodeled commercial building on Niagara Falls Blvd with 2,300 SF and two suites; Main suite is the “House of Hair” barber shop, with turn‑key interior and luxurious finishes; Second suite is currently rented as a nail salon
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