69 Grand Is Blvd Tonawanda, NY 14150-6603
This 3,075 square foot retail space at 69 Grand Island Blvd, Tonawanda, NY 14150, is a prime opportunity. Located in Erie County, next to Sheridan Park Golf Course, this Class C building boasts high visibility and consistent traffic. The property features a fully equipped kitchen with premium appliances (hood vents, deep fryers, charcoal grill, milkshake machines) included in the sale. A spacious, awning-covered outdoor seating area is perfect for dining or events. The building includes 15 parking spaces plus street parking. Recent updates include a new roof, AC, and heating system. While electrical and plumbing updates are needed, the seller offers a concession to cover these costs. The property is available for lease at $2,800 per month, with an option to purchase. The current owner will even sell the business name, recipes, and provide training to the new owner, offering a chance to continue a 70-year legacy. Built in 1951, this single-tenant space is ideal for restaurants, breweries, or fast-food franchises. This is a rare opportunity to acquire a well-established business in a high-traffic location.
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Louie's Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C · Tonawanda, NYTonawanda. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.