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    11 Felton St North Tonawanda, NY 14120

    Sponsored
    For Sale
    $550,000

    Prime location, high traffic, diverse spaces.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional mixed-use property in North Tonawanda, NY, presents a unique investment opportunity. Situated on a 1.6-acre lot at the highly visible intersection of River Road (18,376 vehicles per day) and Felton Street (3,179 vehicles per day), this property boasts over 380 feet of frontage along River Road, ensuring maximum exposure. The existing building comprises a 1,200 square foot retail space, seamlessly connected to a 2,700 square foot flex space, offering versatility for a variety of uses. Adding to its appeal is a substantial 6,500 square foot garage, providing ample storage or workshop potential. The property's strategic location and diverse building components make it ideal for a range of businesses, from quick-service restaurants (QSR) to warehousing and retail operations. The asking price is $550,000. This property is zoned for industrial, mixed-use, and retail purposes, offering significant flexibility for future development or expansion. The address is 11 Felton Street, North Tonawanda, NY 14120, in Niagara County. This is a rare opportunity to acquire a well-positioned property with significant income potential in a thriving area.

    Property Features for 11 Felton St

    General Information

    Property type
    Restaurants

    HighLights

    • $550,000 asking price.
    • 1.6‑acre lot at a signalized intersection with high traffic counts.
    • 380+ feet of River Road frontage.
    • Mixed‑use building totaling approximately 10,400 SF, including 1,200 SF of retail space, 2,700 SF of flex space, and a 6,500 SF garage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Robin’s Nest Gift ... Gift Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    North Tonawanda
    County
    Niagara
    State
    New York
    Longitude
    -78.8888538
    Latitude
    43.0476755

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    FAQs

    What type of property is this?
    Restaurant - Prime location, high traffic, diverse spaces.
    Where is this restaurant located?
    The property is located at 11 Felton St North Tonawanda, NY.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: $550,000 asking price.; 1.6-acre lot at a signalized intersection with high traffic counts.; 380+ feet of River Road frontage.
    Request Owner's contact information
    11 Felton St North Tonawanda, NY 14120
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    North Tonawanda, NY 14120
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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
    11 Felton St North Tonawanda, NY 14120
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