1971 Colvin Blvd Tonawanda, NY 14150
- Investment properties
- 8,214 SF
- 0.82 lot acres
Current Use by Public Records
- Dollar General / Dollar Store / Beauty Supply Store
- Western Union / Money Transfer Service
- ATM / Atm
Property Details for 1971 Colvin Blvd
- Year built
- 2006
- Lot size
- 0.82 lot acres
- Property size
- 8,214 SF
- Zone code
- C
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 146489 53.66-1-17.1
- APU
- 14648953661171
Description
This exceptional retail property at 1971 Colvin Blvd in Tonawanda, NY, offers a fantastic leasing opportunity. The building totals 8,200 square feet, with 1,200 square feet currently vacant and available for immediate occupancy. Flexible space options are available, ranging from a minimum of 1,200 square feet to a maximum contiguous space of 7,000 square feet, making it suitable for a variety of retail businesses. The property features a multi-tenant configuration, providing a vibrant and collaborative environment. The location boasts ample parking, ensuring convenient access for both tenants and their customers. The interior is well-maintained and offers a modern, inviting atmosphere. The property's strategic location and high visibility along Colvin Boulevard provide excellent exposure for businesses seeking to establish a strong presence in the Tonawanda market. This prime retail space presents a unique opportunity to thrive in a thriving commercial area. The property is located in Tonawanda, NY, zip code 14150. This is an ideal location for businesses seeking high visibility and convenient access for customers. The property's modern amenities and well-maintained interior create a professional and inviting atmosphere.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $395,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $450,000
- 6.5%
- $440,000
- 7%
- $460,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $515,000
- Geo Method
- $455,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $420,000
- Retail
- $430,000
- Mixed-Use
- $555,000
- Hospitality
- $460,000
- Educational
- $540,000
- Residential Income
- $405,000
- Energy
- $515,000
- Income-Based Land
- $510,000
- Food Service
- $480,000
Location Insight
- Map
- Local Demand
- City
- Tonawanda
- County
- Erie
- State
- New York
- Longitude
- -78.8522
- Latitude
- 42.9916
- CBSA code
- 15380
- CBSA name
- BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
