126 E Niagara ST, Tonawanda, NY 14150
126 E Niagara ST, Tonawanda, NY 14150
126 E Niagara ST, Tonawanda, NY 14150
126 E Niagara ST, Tonawanda, NY 14150
126 E Niagara ST, Tonawanda, NY 14150
126 E Niagara ST, Tonawanda, NY 14150
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Damaris Rivera

Damaris Rivera

+1(585) 754-3821
$ 2,300,000
Est. payment | /mo

30,020 SqFt

Save
$ 2,300,000
Est. payment | /mo
Save

30,020 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 30,020 sqft

Price per Sqft $76

Subdivision Mile Reserve

MLS Listing ID B1705257

Construction Status Existing

HOA Y/N No

Year Built 1936

Annual Tax Amount $16,791

Lot Size 1.300 Acres

Acres 1.3

Lot Dimensions 248X220

Property Sub-Type Commercial

Property Description

Investment opportunity in the highly sought-after Tonawanda industrial market! 126 E Niagara Street is a fully occupied, ±30,748 SF multi-tenant industrial warehouse situated on approximately 1.30 acres. Featuring durable masonry construction, multiple drive-in overhead doors, approximately 50 on-site parking spaces, and flexible industrial layouts, the property accommodates a variety of manufacturing, warehouse, contractor, and service-oriented tenants. The property offers stable in-place cash flow with gross annual rental income of $201,936 and NOI of approximately $120,484, along with meaningful upside potential through future lease restructuring and conversion toward NNN expense reimbursement. Conveniently located near I-190, I-290, Route 62, and the Peace Bridge, the property provides excellent access throughout Western New York and Southern Ontario. An attractive opportunity to acquire a stabilized industrial asset with dependable current income and future growth potential.

Location

State NY

County Erie

Community Mile Reserve

Area Tonawanda-City-141600

Zoning C

Interior

Heating Gas

Inclusions Building Only

Fireplace No

Exterior

Utilities Available Sewer Connected

Roof Type Asphalt

Total Parking Spaces 50

Building

Lot Description Irregular Lot

Story 2

Sewer Public Sewer

Level or Stories Two

Construction Status Existing

Schools

School District Tonawanda City

Others

Tax ID 141600-039-380-0003-004-000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Symphony Real Estate LLC

Nearby Locations

GET MORE INFORMATION

Damaris Rivera
Damaris Rivera

Broker License ID: 10491209510

+1(585) 754-3821 | damaris@rrealtyrochester.com

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126 E Niagara ST