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.
Listing By
Agency Name: Symphony Real Estate LLC
Agency Phone: 716-771-5104
Shown By
Agency Title: MJ Peterson Real Estate
Agency Phone: (716) 688-1234
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126 E Niagara Street | MLS# B1705257
This commercial property located at 126 E Niagara Street, Tonawanda, NY 14150 is currently listed for sale with an asking price of $2,300,000. E Niagara Street is located within the Tonawanda City school district. Search Tonawanda real estate on www.mjpeterson.com today.