Property profile

69 Grand Island Blvd Tonawanda, NY 14150

FOR SALE
Drive through restaurants
Property ID
US63-3240934
1,408 SF 0.22 ac lot Built 1951
Individually Owned 10-yr Hold Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1951
Total area 1,408 SF
Lot 0.22 ac (9,520 SF)
Zoning code C
APN 146489 65.07-1-7
UPID US63-3240934

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

69 Grand Island Blvd Tonawanda, NY 14150
Tonawanda metro Census 8300 BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2015
1 recorded transaction
2015
Price N/A

Zoning & alternative use

C · Tonawanda, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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