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Partially Developed Mixed-Use Building
New
For Sale
$3,000,000

54 Webster St, North Tonawanda, NY 14120

Occupied commercial space occupies the ground floor, with unfinished apartment framing above.

Property Size41,549 SF
Days on Market7

Property Features for 54 Webster St

General Information

Standard status Active
Size 41,549 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $8,386

Building Details

Building Size 41,549 SF
Year Built 1900
Buildings 1
Stories 2
Tenancy Multi
Listing Agency: Pearl Properties of NY LLC
Listed By: Ralph Dailey · License #10491204013
Source: Elliman
Added: Aug 13 Changed: Aug 16 Last Checked: Aug 19 at 12:22PM

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 Pearl Properties of NY LLC

Investment Insights

Based on property information with market context.

Constructed in 1900, this mixed-use building combines an operating ground-floor component with unfinished residential space on the second level. The lower floor is occupied by commercial restaurant tenants and a New York State government agency, while the upstairs apartments have been framed but require completion.

Property improvements include upgraded electrical and plumbing services, new HVAC units throughout, replacement windows, and additional work completed for the existing occupants. The building is located at 54 Webster St in downtown North Tonawanda, with a Walk Score of 64 and a bikeScore of 47.

Key Highlights

  • Ground floor occupied by commercial restaurant tenants and a New York State government agency
  • Second‑floor apartments are framed out but incomplete
  • New electrical service, plumbing services, HVAC units, and windows

Property Analytics

Current Use

Coffee & Stone Cafe & Coffee Shop Destination NT Shopping Center & Mall

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage HVAC Service Computer & Electronic Repair Accounting Firm

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

955
Businesses Nearby
96k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 46% Dining 30% Groceries 22% Electronics 2%
Tops Friendly Markets Groceries
20,728 visits/mo 0.4 miles
Burger King Dining
14,079 visits/mo 0.3 miles
Dollar Tree Shops & Services
12,403 visits/mo 0.1 miles
Tim Hortons Dining
9,820 visits/mo 0.3 miles
7-Eleven Shops & Services
6,544 visits/mo 0.4 miles

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

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Occupied commercial space occupies the ground floor, with unfinished apartment framing above.
Where is this mixed-use property located?
The property is located at 54 Webster St North Tonawanda, NY.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Ground floor occupied by commercial restaurant tenants and a New York State government agency; Second‑floor apartments are framed out but incomplete; New electrical service, plumbing services, HVAC units, and windows
More about this property
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