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3-Storefront Mixed-Use Building
New
For Sale
$99,000

300 Payne Ave, North Tonawanda, NY 14120

Commercial storefronts and residential apartments share the building, with basement storage and updated electrical service.

Property Size4,080 SF
Price / SF$24.26
Days on Market2

Property Features for 300 Payne Ave

General Information

Standard status Active
Size 4,080 SF
Property subtype Retail

Site & Location

Corner Location Yes
Mixed-Use Components retail, residential

Building Details

Building Size 4,080 SF
Year Built 1940
Buildings 1
Tenancy Multi
Listing Agency: Hunt Commercial - Buffalo
Listed By: Joseph Farrauto · License #10301211758
Source: Huntcommercial
Added: Oct 24 Changed: Oct 25 Last Checked: Oct 24 at 2:58PM

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 Hunt Commercial - Buffalo

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Investment Insights

Based on property information with market context.

Built in 1940, this approximately 4,080-square-foot mixed-use building contains three storefronts and three apartments. The residential units comprise two one-bedroom apartments and one two-bedroom apartment. A full basement provides storage units, and the electrical system has been updated. The property is being sold in as-is condition.

The building occupies the corner of Payne Avenue and Schenck Street in North Tonawanda, New York.

Key Highlights

  • Approximately 4,080 SF building constructed in 1940
  • Three storefronts and three residential apartments
  • Apartment mix: two one‑bedroom units and one two‑bedroom unit

Property Analytics

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Current Use

Payne Mini Mart ... Grocery & Convenience Store

Suggested Use

Top Pick Computer & Electronic Repair Accounting Firm Carpet & Flooring Store (Bike/Boat/Book/etc) Store Locksmith Acupuncture

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

960
Businesses Nearby

Demographics for 14120, NY

44,538
Population
20,367
Households
2.2
Avg Household Size
45
Median Age
30%
College-Educated
94%
High-School Grad
32.6 sq mi
ZIP Area
1,366
Density / Sq Mi
$76,608
Median Household Income
$47,014
Median Earnings
$932
Median Rent
$205,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial storefronts and residential apartments share the building, with basement storage and updated electrical service.
Where is this mixed-use property located?
The property is located at 300 Payne Ave North Tonawanda, NY.
What is the asking price?
The asking price for this property is $99,000.
What are key features of this property?
This property features: Approximately 4,080 SF building constructed in 1940; Three storefronts and three residential apartments; Apartment mix: two one‑bedroom units and one two‑bedroom unit
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