2354 Niagara Falls Blvd Tonawanda, NY 14150
Remodeled retail building with two tenant-ready suites, ample parking, and a full basement, positioned on Niagara Falls Blvd.
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 (716) 830-4271
Listing date Jul 13, 2026
Source Elliman
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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.
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 |