MLS® ID: B1195561
72 E Niagara Street
Tonawanda, New York, 14150 $399,999
25,000sqft Water front building on the erie canal near the resurgence of local bars, restaurants, loft apts etc. Property was former school/church and is in need of re-purposing. Great opportunity for an investor who's willing put the work/time into it. If converted to a 15 unit mix use the potential to NET $115k year after expenses. Property is 3 stories and consists of multiple professional office suites, warehouse/auditorium space w/ loading dock, gymnasium for fitness type business and potential to develop into many other uses including water front loft apts. Parking for roughly 50 cars. Solid brick building with solid mechanics. This is a great opportunity for an investor who is willing to put some sweat equity into the property and it has huge upside potential for the right person.