2949 Elmwood Avenue, Tonawanda, NY

$590,000

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8,828

Square feet

0.33

Acres

About 2949 Elmwood Avenue

Positioned along a high-visibility corridor in Tonawanda, 2949 Elmwood Ave offers a rare opportunity to acquire a large eight-unit office building with significant value-add potential. The property features separate utilities, allowing flexible leasing options for investors or owner-occupants seeking to control operating costs. Currently, an urgent care medical center occupies two of the spaces, a 3rd medical office , providing an established commercial presence and steady activity at the property. Five units are vacant and ready for immediate occupancy, making this an excellent opportunity for an owner-occupant business, medical practice, or investor seeking to lease up the remaining suites. The building benefits from solid mechanical systems, practical layouts for professional offices, and a large on-site parking lot, an important advantage for medical or professional tenants. The building is equipped with an elevator, is ADA compliant, and features an automatic opening front door for easy access. There are 30 parking spaces for the office. Located directly across from Kenmore Mercy Hospital, the property sits in a highly desirable location for medical, healthcare, and professional office users who benefit from proximity to the hospital and surrounding medical services. 2949 Elmwood Avenue sit on a combined 0.51-acre parcel of prime commercial land along a high-traffic primary Street corridor, offering exceptional visibility, ample parking potential, and strong redevelopment or owner-occupant opportunities. This is a compelling opportunity for a National Retailer investors, medical users, mixed use, food court, or owner-occupants looking to secure a well-located office property with strong upside and leasing potential in a prime Tonawanda location. The owner will consider holding a mortgage on 2949 Elmwood for a qualified buyer for a term of up to five (5) years

Features of 2949 Elmwood Avenue

MLS® # B1667243
Price $590,000
Bathrooms 0.00
Square Footage 8,828
Square Footage 14253
Acres 0.33
Year Built 1980
Type Commercial Sale
Status Active

Community Information

Address 2949 Elmwood Avenue
Area Tonawanda-Town
Subdivision Holland Land Company's Su
City Tonawanda
County Erie
State NY
Zip Code 14217

Amenities

Utilities Sewer Connected
Features Rectangular, Rectangular Lot
Parking Spaces 30
Is Waterfront No
Has Pool No

Interior

Heating Electric, Baseboard
Fireplace No
# of Stories 2
Stories 2
Has Basement No

Exterior

Lot Description Rectangular, Rectangular Lot
Roof Asphalt

School Information

District Kenmore-Tonawanda Union Free District

Additional Information

Zoning TND
Short Sale No
RE / Bank Owned No

Listing Details

OfficeIconic Real Estate

Listing Map

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