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Redevelopment Opportunity in Opportunity Zone
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445 Tremont Street, North Tonawanda, NY 14120

85,000 SF redevelopment opportunity in North Tonawanda, NY.

Property Size85,000 SF
Days on Market1830

Property Features for 445 Tremont Street

General Information

Standard status Active
Size 85,000 SF
Class B
Property subtype Office, Special Purpose
Zoning Federal Opportunity

Building Details

Stories 5
Listing Agency: Cushman & Wakefield Pyramid Brokerage Company - Buffalo, New York
Listed By: Richard J. Schechter · License #NY 30SC0879149
Source: Crexi
Added: Aug 18, 2021 Changed: Aug 8 Last Checked: Aug 20 at 8:22PM

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 Cushman & Wakefield Pyramid Brokerage Company - Buffalo, New York

Investment Insights

Based on property information with market context.

This property presents a redevelopment opportunity, featuring 85,000 square feet of available space. It comprises a portion of the DeGraff Memorial Hospital and is suitable for redevelopment. The property includes a five-story tower with flexible floor plates and a mechanical room on the sixth floor. Situated at the signalized corner of Tremont Street and Twin Cities Memorial Highway, the site offers convenient access to I-290, making it easily accessible for residents of both Niagara and Erie County. Located in a Federal Opportunity Zone, this property is ideally suited for multi-family redevelopment and affordable housing projects.

Key Highlights

  • Redevelopment opportunity with 85,000 SF available.
  • Located in a Federal Opportunity Zone.
  • Well suited for multi‑family redevelopment or affordable housing.

Property Analytics

Current Use

Kaleida Health Blood ... Medical Laboratory Kevin D. Mills, ... Pharmacy Karen M. Harms, ... Pharmacy American Red Cross ... Charitable Organization DeGraff Memorial Hospital: ... Hospital

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Carpet & Flooring Store Computer & Electronic Repair Catering Service 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.

Location Intelligence

Trade Area within ½ mile

553
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Specialty property - 85,000 SF redevelopment opportunity in North Tonawanda, NY.
Where is this specialty property located?
The property is located at 445 Tremont Street North Tonawanda, NY.
What are key features of this property?
This property features: Redevelopment opportunity with **85,000 SF available**.; Located in a **Federal Opportunity Zone**.; Well suited for multi‑family redevelopment or affordable housing.
(716) 852-7500 Call to check price and availability
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