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2718 Elmwood Avenue, Tonawanda, NY 14217

DP
NY 10301223803
CENTURY 21 North East
Listed by CENTURY 21 North East
$1,200,000
2 days on market
Updated 2 days ago

2718 Elmwood Avenue

Details
Property Type Mixed Use, Multifamily (+1)
Sub Type Apartment Building, Storefront (+1)
Square Footage 12,322
Units 2
Occupancy 50%
Year Built 1968
Year Renovated 1968, 2010
Buildings 1
Acreage 0.265
Parking Spaces 10 spaces
Parking Per SqFt 0.81
Investment Type Redevelopment
Ground Lease No
Sale Condition For sale by owner

Approved Mixed-Use Redevelopment Opportunity | 4 Commercial Spaces & 6 Residential Units

Marketing description

Prime commercial opportunity in the heart of the Town of Tonawanda's established business corridor. This 12,322 SF building offers excellent visibility along heavily traveled Elmwood Avenue, ample on-site parking, and convenient access to I-290 and the New York State Thruway. Ideally situated near Kenmore Mercy Hospital and surrounded by a strong mix of retail, medical, and professional businesses. Property includes approved plans for a 10-unit mixed-use development featuring 4 commercial spaces and 6 residential apartments, providing exceptional redevelopment and investment potential. Rare opportunity to acquire a high-profile commercial property in one of Western New York's most desirable commercial locations.

Investment highlights

PROPERTY DETAILS

• 12,322 SF Commercial Building

• Prime Elmwood Avenue Location

• Ample On-Site Parking

• Excellent Visibility & Signage Exposure

• High Daily Traffic Counts

LOCATION ADVANTAGES

• Heart of the Town of Tonawanda Commercial Corridor

• Minutes from I-290 & New York State Thruway

• Near Kenmore Mercy Hospital

• Convenient Access to Buffalo & Northern Suburbs

• Surrounded by Established Retail, Medical & Professional Users

DEVELOPMENT OPPORTUNITY

• Approved Mixed-Use Development Plans Included

• 4 Commercial Storefronts

• 6 Residential Apartments

• 10 Total Units Approved

IDEAL FOR

• Investors

• Developers

• Owner-Users

• Medical Office Users

• Retail Operators

• Mixed-Use Redevelopment

INVESTMENT HIGHLIGHT

Rare opportunity to acquire a high-profile commercial property with approved redevelopment plans in one of Western New York's most established commercial districts.

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Listing Contacts

DP
NY 10301223803
CENTURY 21 North East
Listed by CENTURY 21 North East

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Additional Information

Name
David Pascucci
License
10301223803
Brokerage
Century 21 North East
Brokerage Phone
716-754-9963
Title
Associate Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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