133 Tonawanda St - Warehouse FOR SALE


Buffalo, NY 14207- Black Rock
$2,150,000 USD
716-983-4789
133 Tonawanda St, Buffalo, NY for Sale
$2,150,000 USD
Warehouse - FOR SALE
1/10
null | Request Cap Rate

133 Tonawanda St
Buffalo, NY 14207
Black Rock


HIGHLIGHTS

  • Buildings in sound structural condition, ranging from moderate to very good
  • Adequate public utility infrastructure in place and accessible at the site
  • Optimal building dimensions for efficient double-loaded apartment layouts. Existing stair towers in each building support compliant vertical egress
  • Shared freight elevator shaft and stair tower connect both buildings.

OVERVIEW

Situated in one of Buffalo’s most dynamic transitional zones, this property offers a rare opportunity for forward-thinking development in a neighborhood experiencing significant public and private investment. Located on Tonawanda Street, a key arterial link connecting the Amherst Street commercial corridor, North Buffalo’s major retail centers, and the Upper West Side’s revitalized Niagara Street, the site sits at the crossroads of emerging economic, residential, and cultural activity. Recent years have seen a surge in new loft-style residential conversions, thriving local businesses, and streetscape enhancements—including bike infrastructure—that signal long-term growth and increasing demand. Buffalo State University, a major educational and cultural anchor, is just minutes away, adding further appeal to prospective tenants or buyers. With immediate access to the Scajaquada Expressway (198), I-190 Interstate, and multiple high ridership bus lines (#5, #32, #40), the location offers seamless connectivity across the city and region. The property directly abuts Scajaquada Creek and the adjacent bike path, providing both recreational value and adjacency to ongoing environmental restoration studies—an added layer of future-forward planning and appeal. This is a prime opportunity to invest in a site that bridges established neighborhoods, with zoning and infrastructure in place to support a range of development visions—from mixed-use and multifamily to commercial or creative redevelopment. INCENTIVE-READY DEVELOPMENT SITE HISTORIC TAX CREDIT (HTC) • Preliminary historic approvals submitted • Draft Part I application on file • 20% NYS HTC + 20% Federal HTC BROWNFIELD CLEANUP PROGRAM (BCP) • Draft application submitted to NYS DEC • Located in: –EN-Zone (Environmental Zone) –BOA (Brownfield Opportunity Area) • Eligible for: –20% NYS BCP Tangible Property Credit –Up to 24% credit if Track 1 cleanup or affordable housing STACKABLE INCENTIVES & PROGRAMS • City of Buffalo 485-a (multi year tax abatement) • Erie County adaptive reuse (sales & mortgage tax exemption) • NYS Consolidated Funding Application (CFA) grants • Utility Company Grants and Support –National Grid & National Fuel • Low-Income Housing Tax Credits (LIHTC)

FOR SALE DETAILS

PRICE

$2,150,000 USD

PRICE/SF

$22 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

129-137 Tonawanda St

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1910

UTILITIES

Lighting

CLEAR CEILING HT

-

DOCKS

2

DRIVE INS

1

PARKING SPACES

67

LAND DETAILS

LAND ACRES

1.8

LAND SF

78,408

ZONING

D-IL

APN/PARCEL ID

140200-088-500-0001-003-200

ASK ABOUT THIS PROPERTY

Matt HartrichSchneider Real Estate ServicesMore Info
716-983-4789

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Matt HartrichSchneider Real Estate ServicesMore Info
716-983-4789

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