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    2436 Niagara Falls Blvd Tonawanda, NY 14150

    Sponsored
    For Sale
    $1,300,000

    High-potential redevelopment site, 50% occupied.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 50% occupied shopping center at 2436 Niagara Falls Blvd in Tonawanda, NY, presents a compelling redevelopment opportunity. Priced at $1,300,000, this mixed-use, special purpose property offers significant potential for investors seeking a prime location in Erie County. The corner lot provides excellent visibility and accessibility, making it ideal for a variety of uses. Currently operating at 50% occupancy, the existing tenants provide immediate cash flow while allowing for strategic repositioning and expansion. The property's classification as a shopping center suggests existing infrastructure suitable for retail businesses, potentially attracting a triple-net tenant or creating a vibrant plaza. The 14150 zip code boasts a strong demographic profile, further enhancing the investment potential. This property is a blank canvas for a visionary developer, offering the chance to create a thriving commercial hub in a desirable location. The existing structure provides a solid foundation for redevelopment, minimizing upfront costs and accelerating the return on investment. Serious inquiries are encouraged to explore the full potential of this unique opportunity. Detailed financial information and property specifics are available upon request.

    Property Features for 2436 Niagara Falls Blvd

    General Information

    Property type
    Lifestyle centers

    HighLights

    • Asking Price: $1,300,000
    • Property Type: Mixed‑use, retail, special purpose shopping center
    • 50% Occupancy
    • Located at 2436 Niagara Falls Blvd, Tonawanda, NY 14150
    • Corner lot redevelopment opportunity
    • Ideal for a triple‑net tenant or plaza development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Tonawanda
    County
    Erie
    State
    New York
    Longitude
    -78.8228237
    Latitude
    43.0209967

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    FAQs

    What type of property is this?
    Lifestyle center - High-potential redevelopment site, 50% occupied.
    Where is this lifestyle center located?
    The property is located at 2436 Niagara Falls Blvd Tonawanda, NY.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: Asking Price: $1,300,000; Property Type: Mixed-use, retail, special purpose shopping center; 50% Occupancy
    Request Owner's contact information
    2436 Niagara Falls Blvd Tonawanda, NY 14150
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2436 Niagara Falls Blvd Tonawanda, NY 14150
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