126 E Niagara St - Warehouse FOR SALE


Tonawanda, NY 14150
$2,300,000 USD
315-402-0208
126 E Niagara St, Tonawanda, NY for Sale
$2,300,000 USD
Warehouse - FOR SALE
1/28
null | 5.24% Cap Rate

NEW


126 E Niagara St
Tonawanda, NY 14150


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$75 USD /SF

CAP RATE

5.24%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1936

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

6

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.3

LAND SF

56,628

ZONING

-

APN/PARCEL ID

141600-039-380-0003-004-000

ASK ABOUT THIS PROPERTY

Michael CuletonSymphony Real Estate LLCMore Info
315-402-0208

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Michael CuletonSymphony Real Estate LLCMore Info
315-402-0208

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