2718 Elmwood Ave - Storefront Retail/Office FOR SALE


Tonawanda, NY 14217
$1,200,000 USD
716-545-9743
2718 Elmwood Ave, Tonawanda, NY for Sale
$1,200,000 USD
Storefront Retail/Office - FOR SALE
1/15
null | Request Cap Rate

2718 Elmwood Ave
Tonawanda, NY 14217


HIGHLIGHTS

  • 12,322 SF Commercial Building
  • Prime Elmwood Avenue Location
  • High Daily Traffic Counts
  • Heart of the Town of Tonawanda Commercial Corridor
  • Surrounded by Established Retail, Medical & Professional Users
  • Approved Mixed-Use Development Plans Included

OVERVIEW

Positioned in the heart of the Town of Tonawanda's thriving commercial corridor, 2718 Elmwood Avenue presents a rare opportunity to acquire a highly visible commercial property with substantial redevelopment potential. This 12,322 square foot building occupies a strategic location along one of Western New York's most heavily traveled commercial thoroughfares, offering exceptional exposure, accessibility, and long-term value. The property benefits from strong traffic counts, excellent street presence, and ample on-site parking, making it ideal for a variety of commercial, medical, retail, office, or mixed-use applications. Located just minutes from Interstate 290 and the New York State Thruway, the site provides convenient regional access while remaining surrounded by established neighborhoods, major employers, healthcare facilities, and a diverse mix of successful businesses. Adding to its appeal, the property includes approved plans for a 10-unit mixed-use development featuring four commercial storefronts and six residential apartments. This approved redevelopment concept offers investors and developers a unique opportunity to capitalize on the growing demand for mixed-use properties while benefiting from an already established commercial location. Whether utilized as an existing commercial facility, repositioned for a new business operation, or redeveloped under the approved mixed-use plan, 2718 Elmwood Avenue offers flexibility, visibility, and future upside in one of Erie County's most desirable commercial markets. This is a rare chance to secure a prominent commercial asset with immediate functionality and significant development potential in a proven location.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$97 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront Retail/Residential, Supermarket, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

C

APN/PARCEL ID

146489-066-610-0006-017-000

ASK ABOUT THIS PROPERTY

David PascucciIntegra Commercial (NY)More Info
716-545-9743

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David PascucciIntegra Commercial (NY)More Info
716-545-9743

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