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Property profile & analytics
FOR LEASE
Investment properties

1971 Colvin Blvd Tonawanda, NY 14150

8,214 SF 0.82 ac lot Built 2006
Entity Owned 6-yr Hold Free & Clear
Property ID
US63-0149269
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 2006
Total area 8,214 SF
Lot 0.82 ac (35,719 SF)
Zoning code C
APN 146489 53.66-1-17.1
UPID US63-0149269
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Dollar General Discount Store
  • Western Union Bank Credit Union
  • ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Highland Ventures Real Estate LLC · 6 yrs held
Highland Ventures Real Estate LLC
since 2020
4 recorded transactions
2020
Price N/A
2006
Price N/A
2006
$290,000
1969
Price N/A
Zoning & alternative use
C · Tonawanda, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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