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    90 Pearce Ave Tonawanda, NY 14150

    Sponsored
    For Sale
    $1,299,000

    Prime location, 11,564 SF, warehouse & office.

    Property size:
    11,564 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional commercial property, located at 90 Pearce Ave in Tonawanda, NY, presents a unique investment opportunity. The 11,564 square foot building sits on a two-acre lot, offering a blend of approximately half warehouse and half traditional office space. Its strategic location just south of I-290 ensures excellent accessibility and visibility. The property includes a significant advantage with 1.25 acres of secure, gated outside lot storage, enhanced by security cameras. Ample parking is provided with a dedicated lot accommodating 20 vehicles. Currently, a tenant occupies roughly 15% of the building. The property is zoned Commercial P-S (Performance Standard) and benefits from its designation within an SBA Certified HUBZone. The asking price is $1,299,000, translating to $112.33 per square foot. This property offers a compelling combination of space, location, and security features, making it ideal for a variety of commercial uses. The existing tenant provides immediate income potential. The expansive outdoor storage area adds significant value, particularly for businesses requiring secure storage solutions. This is a rare opportunity to acquire a well-situated, versatile commercial property in a thriving area.

    Property Features for 90 Pearce Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    11,564 SF
    Lot Size
    87,120 SF

    HighLights

    • Price Reduced!
    • Excellent location in Tonawanda, NY, near I‑290.
    • 11,500+ SF building with 50% warehouse and 50% office space on a 2‑acre lot.
    • 1.25 acres of secure, gated outside storage.
    • 20‑space parking lot.
    • Partially occupied (15% occupancy).
    Property Profile Location Intelligence

    Current Use by Public Records

    Diamond Heating Heating Contractor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Tonawanda
    County
    Erie
    State
    New York
    Longitude
    -78.8952665
    Latitude
    42.9922404

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    FAQs

    What type of property is this?
    Distribution property - Prime location, 11,564 SF, warehouse & office.
    Where is this distribution property located?
    The property is located at 90 Pearce Ave Tonawanda, NY.
    What is the asking price?
    The asking price for this property is $1,299,000.
    What are key features of this property?
    This property features: Price Reduced!; Excellent location in Tonawanda, NY, near I-290.; 11,500+ SF building with 50% warehouse and 50% office space on a 2-acre lot.
    Request Owner's contact information
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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
    90 Pearce Ave Tonawanda, NY 14150
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