116 Broad ST, Tonawanda, NY 14150
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116 Broad ST, Tonawanda, NY 14150
116 Broad ST, Tonawanda, NY 14150
116 Broad ST, Tonawanda, NY 14150
116 Broad ST, Tonawanda, NY 14150
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Michelle Thompson

Michelle Thompson

+1(315) 794-3260
$ 300,000
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116 Broad ST Tonawanda, NY 14150

14,125 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 14,125 sqft

Price per Sqft $21

MLS Listing ID B1665595

Construction Status Existing

HOA Y/N No

Year Built 1900

Annual Tax Amount $13,965

Lot Size 0.300 Acres

Acres 0.3

Lot Dimensions 99X132

Property Sub-Type Business

Property Description

In a prime economic opportunity location, this 14,125-sf property is ideal for a mixed-use vision such as for a brewing company, contractor or medical offices, product showrooms and warehousing, training centers, non-profits, any of which would thrive in this downtown corridor at 116 Broad Street in Tonawanda. The area is being discovered with multi-million-dollar projects and new homes. The property's aesthetic charm invites apartment living with its nearby access to pubs, eateries, shops, biking paths and riverfront concerts, fitting today's market. The building's current 3-component areas allow for your vision with potential separate phased-development, and its stripped interior is a great blank sheet providing for design flexibility. An Asbestos Abatement Report has been done showing the property is free and clear, and an estimate for geothermal heat pumps was undertaken by Nocco Energy Corporation.

With the $10 million Downtown Revitalization Initiative monies awarded to Tonawanda business projects, two multi-million dollar planned business projects and new homes, this city is on the move. An intermodal hub has been approved from the downtown providing a connection to the Niagara River. Be among the first to capitalize on this exciting business expansion. Taxes were recently reduced as per the assessor's office and have dropped a little over 10k to $13,381.

Location

State NY

County Erie

Area Tonawanda-City-141600

Zoning 141600

Direction Corner of Broad Street and Seymour

Rooms

Basement Full, Storage Space

Interior

Heating Gas, Other, See Remarks, None

Flooring Concrete, Hardwood, Plywood, Varies

Inclusions Land and Building

Fireplace No

Exterior

Utilities Available Electricity Available, Sewer Connected, Water Available

Roof Type Asphalt,Flat,Rolled/Hot Mop

Total Parking Spaces 25

Building

Lot Description Irregular Lot

Story 3

Sewer Public Sewer

Structure Type Masonry,Concrete,Stone,Wood Siding

Construction Status Existing

Schools

School District Tonawanda City

Others

Tax ID 141600-039-450-0003-013-000

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Listed by Coldwell Banker Integrity Real 716-334-8292

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Michelle Thompson

Michelle Thompson

Lic. RE Salesperson | License ID: 40FA1156159

+1(315) 794-3260

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