383 Wheatfield St North Tonawanda, NY 14120
- Churches & religious facilities
- 22,584 SF
- 0.48 lot acres
Current Use by Public Records
- Churches & religious facilities
Property Details for 383 Wheatfield St
- Lot size
- 0.48 lot acres
- Property size
- 22,584 SF
- Property type
- Churches & religious facilities
Description
This exceptional 22,584 square foot property, located at 383 Wheatfield Street in North Tonawanda, NY, presents a unique investment opportunity. The former Lighthouse Baptist Church, a well-maintained three-story building, underwent renovations in 2021, resulting in excellent condition for its roof and mechanical systems. The building boasts a variety of spaces, including classrooms, a gymnasium, a sanctuary, a meeting hall, and a commercial kitchen, making it suitable for diverse uses. The R-2 zoning permits multi-family development, adding significant potential. Situated on a 0.48-acre lot, this highly visible corner property offers 40 on-site parking spots and benefits from its prime location in a vibrant community, with easy access to the Twin Cities Memorial Highway and numerous area amenities. The asking price is $799,000, translating to $35.38 per square foot. This single-unit building offers a compelling opportunity for religious organizations, multi-family developers, non-profit entities, or professional office users seeking a versatile and well-maintained space in a desirable location. The property's recent renovations, ample parking, and flexible zoning make it an attractive investment with significant upside potential. The building's size and layout provide ample space for a variety of uses, while its location ensures high visibility and accessibility. This is a rare opportunity to acquire a substantial property in a thriving community.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- North Tonawanda
- County
- Niagara
- State
- New York
- Longitude
- -78.8705268
- Latitude
- 43.0370202