47 Niagara St
Tonawanda, NY 14150
Retail Property For Sale
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EXECUTIVE SUMMARY
Seize this incredible opportunity for a highly visible, high-traffic commercial property located in the heart of Tonawanda along the canal. This building is an ideal location for retail, office, medical, hospitality ventures or even a restaurant conversion. Surrounded by ongoing development and a thriving local economy, this property is perfectly positioned for success. Nestled in the heart of Tonawanda with direct access to major roadways and pedestrian traffic. The property offers high visibility and convenience, located steps from the canal's recreational spaces and popular community events. Tonawanda is experiencing a surge in development, with new businesses, residential projects, and community investments transforming the area into a vibrant hub. Be part of this exciting growth story! Just steps from the picturesque canal, attracting foot traffic from waterfront activities, nearby parks, and festivals. Generous on-site parking ensures ease of access for customers, staff, and deliveries. Open layout ready for customization, suitable for retail, professional offices, medical facilities, or creative hospitality concepts. This is more than just a property—it’s an opportunity to establish your business in a dynamic and flourishing location that continues to attract investment and innovation.
PROPERTY FACTS
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,286 SF
Building Class
C
Year Built
1999
Price
$2,250,000
Price Per SF
$169
Tenancy
Single
Building Height
1 Story
Building FAR
0.50
Lot Size
0.61 AC
Parking
64 Spaces (4.82 Spaces per 1,000 SF Leased)
AMENITIES
- Corner Lot
- Drive Thru
- Storage Space
- Monument Signage
- Air Conditioning
PROPERTY TAXES
Parcel Number | 141600-039-450-0004-001-120 | Improvements Assessment | $3,241,200 |
Land Assessment | $58,800 | Total Assessment | $3,300,000 |