970 Brighton RdTonawanda, NY 14150

Property Details for 970 Brighton Rd

Year built

1990

Lot size

0.40 AC

Property size (Sq ft)

2,000 SF

Zone code

TND

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

146489 54.61-9-16.1

APU

14648954619161

Description

This exceptional 2,000 square foot commercial building, situated on a 0.4-acre corner lot in Tonawanda, NY, presents a remarkable opportunity for entrepreneurs. The property's prime location ensures high traffic and excellent walkability, benefiting from its prominent position on Brighton Road. The solid brick construction guarantees durability and a professional aesthetic. Ample paved parking is available, providing convenient access for both clients and employees. Inside, the meticulously maintained space features central air conditioning for year-round comfort. The building is zoned TND, offering flexibility for a variety of commercial uses. Recent updates include a new generator for reliable power, updated mechanical systems ensuring efficient operation, and modern amenities such as recessed lighting, security cameras, and attractive vinyl plank flooring. A sophisticated surround sound system enhances the ambiance. Two bathrooms add to the convenience. The asking price is $450,000. Furthermore, the existing contents are available for purchase, providing a turnkey solution for a seamless business transition. This property represents a truly exceptional investment opportunity in a thriving location.

• CAP approach

  CAP return

  Valuation

  6%

  $449,877

  6.5%

  $415,271

  7%

  $385,609

• Comparable approach

  Method

  Valuation

  Relative Method

  $296,577

  Geo Method

  $195,021

• Alternative Use

  Use

  Valuation

  Residential

  $415,271

  Hospitality

  $380,386

  Educational

  $316,477

  Medical

  $327,361

  Retail

  $492,297

Location Insight

City

Tonawanda

County

Erie

State

New York

Latitude

42.9913

Longitude

-78.837

CBSA code

15380

CBSA name

BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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