Property profile

2921 Niagara Falls Blvd North Tonawanda, NY 14120

OFF-MARKET
Retail properties & Spaces
4,784 SF 3.5 ac lot Built 1930
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Property summary

AI-generated overview

This exceptional commercial property, located at 2921 Niagara Falls Blvd. in North Tonawanda, NY, presents a unique investment opportunity. Spanning 3.5 acres, the property features four buildings totaling 4,784 square feet, with a permitted commercial zoning (C-1). Built in 1930, the three-story structures offer significant potential for redevelopment or continued operation as a business. The property boasts 10 parking spaces and has a rich history, previously housing a long-standing garden and gift business. The asking price is $319,000, translating to $66.68 per square foot. The seller is motivated and open to owner financing. Existing sheds on the property are negotiable and can be removed. This location on Niagara Falls Boulevard offers excellent visibility and accessibility. The property is ideally suited for various commercial ventures, offering substantial income potential. A 1031 exchange is possible. Note that an adjacent property at 2931 Niagara Falls Blvd. is also available for sale separately.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1930
Total area 4,784 SF
Lot 3.5 ac (152,460 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Building Supply General Contractor

Location

2921 Niagara Falls Blvd North Tonawanda, NY 14120
North Tonawanda metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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