Active
44-52 Webster Street
North Tonawanda NY, 14120
$990,999
$55.56 per sqft
Active
17,838 sqft
Commercial
Built in 1900
Don't miss out on this amazing investment opportunity! This unique property offers both commercial and residential income. Nestled in the revitalized NT downtown area. This highly sought after area is bustling w/ restaurants, shops, and the historic Riviera Theater. The property is two connected buildings holding 5 residential & 4 commercial units (all currently rented) with on-site parking. R1: This luxurious 3-bedroom, 2-bathroom residence boasts 2,200 sq ft of space, featuring 12' ceilings, a stunning primary suite with a jacuzzi, hardwood floors & a living room complete w/ a large wet bar--perfect for entertaining. R2: A fully remodeled 3-bedroom, 2-bathroom unit with an open-concept layout and 1,700 sq ft of modern living. R3: A charming 2-bedroom, 1-bathroom unit with two levels, offering a cozy yet spacious feel. R4: A 1-bedroom, 1-bathroom unit ideal for comfort and simplicity. R5: A studio unit designed for efficient, stylish living. C1: is presently a fully-equipped HVAC shop featuring a 14' high garage door, a dedicated office, two bonus rooms, ample storage w/ shelving, a bathroom, laundry room, and basement access, perfect for service-oriented operations. There is also a temp. controlled storage unit on the property. C 2 & 3: Are currently home to a tattoo shop undergoing renovations, boasting prominent storefront exposure w/ large display windows--ideal for attracting foot traffic. C4: A recently remodeled nail salon, shines w/ its modern interior & large picture windows that provide excellent visibility and natural light. All leases finish at the end of 2025 - Residential renters are family & friends so current rents are much lower than projected rents. The exterior of the building features an attractive brick front complemented by newly installed siding, w/ updated signage & modern lighting scheduled to be completed in one month. Excellent opportunity for entrepreneurs and established businesses alike. Don't miss your chance to invest in this thriving community hub! Sale includes 44, 46 & 52 Webster Street and reflects assessments and taxes combined for the 3 properties. Sq footage is reflective of all 3 properties as well. See also MLS# B1580561.
B1580520
MLSⓇ ID
December 6, 2024
Listed
December 9, 2024
Updated
Map
44-52 Webster Street
North Tonawanda NY, 14120
Interior Features
Total Stories
2
Floor Description
Carpet, Hardwood, Linoleum, Varies, Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Gas, Forced Air
Exterior/Building Features
Lot Size
0.11 Acres
Lot Features
Rectangular
Roof
Asphalt
Sewer
Public Sewer
School Information
School District
North Tonawanda
Other Property Details
Area Name
North Tonawanda-City-291200
Taxes
$10,166
Tax Frequency
Annually
Days on Market
3
Garage
Yes
Parking
On Site, Surfaced
Parking Total
10
View
No
County
Niagara
Municipality
Not Applicable
Pool
No
Zoning
C2
Courtesy of HUNT Real Estate Corporation, Michael O'Connor
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Data last updated 9:41 PM UTC, 12/9/2024