Property summary
This exceptional 8,187-square-foot flex building presents a compelling investment opportunity in North Tonawanda, NY. Located at 661 Erie Ave, this single-story structure sits on a 0.75-acre lot and offers a 13-foot ceiling height, ideal for a variety of uses. The property boasts one loading dock, facilitating efficient shipping and receiving. Its strategic location within the North Tonawanda industrial corridor provides easy access to the 425, connecting to I-290, ensuring excellent regional access within Western New York and convenient connectivity to the bridges leading to Canada. This makes it an attractive option for businesses seeking a US base with proximity to Canadian border crossings. The asking price is $475,000, translating to $58.02 per square foot. The property's versatility makes it suitable for various businesses, including light manufacturing, light distribution, technology services, and manufacturers' representative businesses. This is a rare opportunity to acquire a well-situated industrial flex space in a thriving area. The property is zoned for industrial use and offers significant potential for growth and return on investment. The building's size and features make it an excellent choice for companies seeking a functional and strategically located space to expand their operations. The property is located in Niagara County, NY, zip code 14120.
Property profile
VerifiedCap rate & NOI
Current use
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Industrial Manufacturer Production Facility
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
C-2 · North Tonawanda, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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