133 Tonawanda Street, Buffalo, NY 14207

*NOTE*: 133 Tonawanda (1 building | 3 parcels | 43K sq. ft | 1.98 acres) is a sub-listing for the larger 129-137 Tonawanda Street combined listing (2 buildings | 4 parcels | 75K sq. ft. | 2.5 acres). Properties are available separately or as a package. The combined listing is available at the reduced price of $1,750,000. See attached flyer or contact broker for more info on the combined listing for 129-137 Tonawanda.

133 Tonawanda St: Development-Ready Features

• 43,250 sq. ft. of existing buildings (moderate to good condition)

• Freight elevator and overhead doors

• Existing stair towers with compliant vertical egress

• Shared freight elevator shaft connecting both buildings

• Adequate public utility infrastructure in place

• 2 acres of BCP-eligible land

Incentive-Ready Opportunity

With infrastructure supporting diverse development visions—from self-storage conversion and industrial use to multifamily, mixed-use, or commercial redevelopment—this incentive-ready site positions developers to capitalize on powerful tax credit programs while building a strategic asset in a neighborhood primed for continued growth

HISTORIC TAX CREDIT (HTC)

• Preliminary historic approvals submitted

• Draft Part I application on file

• 20% NYS HTC + 20% Federal HTC

BROWNFIELD CLEANUP PROGRAM (BCP)

• Draft application submitted to NYS DEC

• Located in:

–EN-Zone (Environmental Zone)

–BOA (Brownfield Opportunity Area)

• Eligible for: –20% NYS BCP Tangible Property Credit

–Up to 24% credit if Track 1 cleanup or affordable housing

STACKABLE INCENTIVES & PROGRAMS

• City of Buffalo 485-a (multi year tax abatement)

• Erie County adaptive reuse (sales & mortgage tax exemption)

• NYS Consolidated Funding Application (CFA) grants

• Utility Company Grants and Support –National Grid –National Fuel

• Low-Income Housing Tax Credits (LIHTC)

133 Tonawanda Street: Premier Development Opportunity in Buffalo's Dynamic Growth Corridor

Situated in one of Buffalo's most dynamic transitional zones, this rare 1.15-acre development site offers exceptional flexibility for forward-thinking investors. The property features 43,250 sq. ft. of historic buildings in sound structural condition—prime for adaptive reuse—alongside BCP-eligible land ideal for new construction, multifamily development, industrial outdoor storage, or mixed-use projects.

Strategic Location & Connectivity

Located on Tonawanda Street, a key arterial linking the Amherst Street commercial corridor, North Buffalo's major retail centers, and the Upper West Side's revitalized Niagara Street, the site offers premier logistical positioning. With immediate access to the Scajaquada Expressway (198) and I-190 Interstate—minutes to Canada via the Peace Bridge—and high ridership bus lines (#5, #32, #40), the location provides seamless regional connectivity for distribution, logistics, storage operations, or residential development.

Neighborhood Momentum

Recent years have seen a surge in loft-style residential conversions, thriving local businesses, and streetscape enhancements including bike infrastructure. Buffalo State University, a major educational anchor, is minutes away. The property directly abuts Scajaquada Creek and the adjacent bike path, providing recreational value and adjacency to ongoing environmental restoration studies—an added layer of future-forward appeal.