126 E Niagara Street, Tonawanda, NY

$2,300,000

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30,020

Square feet

1.30

Acres

About 126 E Niagara Street

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.

Features of 126 E Niagara Street

MLS® # B1705257
Price $2,300,000
Bathrooms 0.00
Square Footage 30,020
Square Footage 56628
Acres 1.30
Year Built 1936
Type Commercial Sale
Sub-Type Commercial
Status Active

Community Information

Address 126 E Niagara Street
Area Tonawanda-City
Subdivision Mile Reserve
City Tonawanda
County Erie
State NY
Zip Code 14150

Amenities

Utilities Sewer Connected
Features Irregular Lot
Parking Spaces 50
Is Waterfront No
Has Pool No

Interior

Heating Gas
Fireplace No
# of Stories 2
Stories 2
Has Basement No

Exterior

Lot Description Irregular Lot
Roof Asphalt

School Information

District Tonawanda City

Additional Information

Zoning C
Short Sale No
RE / Bank Owned No

Listing Details

OfficeSymphony Real Estate LLC

Listing Map

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