116 Broad St - Churches FOR SALE


Tonawanda, NY 14150
$300,000 USD
716-870-3273
116 Broad St, Tonawanda, NY for Sale
$300,000 USD
Churches - FOR SALE
1/15
null | Request Cap Rate

116 Broad St
Tonawanda, NY 14150


HIGHLIGHTS

  • Former Church
  • Prime Opportunity in downtown corridor
  • Unlimited Potential

OVERVIEW

BUY OR LEASE A STRATEGIC PROPERTY with a potential for grants, PILOT and other business incentives for this 14,125 square feet property. Varied options are possible with the 3 different components in a prime economic location, such as a true mixed use from a 2-story electrical or construction show room/supply house mixed with condos in the front area, or a hotel, or preschool to an events/catering center with educational businesses such as Mathnasium. The components are perfect for phased development, any of which would thrive in this downtown corridor at 116 Broad Street in Tonawanda. The property's aesthetic charm extends to nearby eateries and pubs, the Niagara Seaway Trail, boating and riverfront concerts. With the building’s current stripped interior, you have a great blank sheet for design flexibility and your redevelopment vision. An Asbestos Abatement Report has been done showing the property is free and clear, and an estimate for geothermal heat pumps has been identified by Nocco Energy Corporation. As has been done with other church buildings, this property constitutes a compelling investment opportunity with potential for consistent returns.

FOR SALE DETAILS

PRICE

$300,000 USD

PRICE/SF

$21 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

ADD'L SUBTYPES

Lodge/Meeting Hall, Schools

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

commercial

APN/PARCEL ID

141600-039-450-0003-013-000

ASK ABOUT THIS PROPERTY

Brenda BrazeauColdwell Banker IntegrityMore Info
716-870-3273

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Brenda BrazeauColdwell Banker IntegrityMore Info
716-870-3273

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.