Map of Property

116 Broad St

116 Broad St, North Tonawanda, NY 14120

  • For Sale $499,000
  • Property Type Other
  • Lot Size 0.3 Acre
  • Date Updated Feb 22, 2025
NEW INCOME OPPORTUNITY FOR AN INVESTOR, DEVELOPER OR CONTRACTOR Strategically located in the path of the Downtown Revitalization Initiative (DRI) is 14,125 square feet, a property well positioned to capitalize on growth and economic repurposing. The centralized location at 116 Broad Street in Tonawanda provides a magnet for mixed use apartment living with easy access to riverfront concerts, biking paths, shops, restaurants and pubs. The building’s current stripped interior offers a jump start with design flexibility, ideal for tailored redevelopment, such as for six or more apartments in demand in today’s market. This apartment project is under review by the state for a DRI grant in the spring. To date, an Asbestos Abatement Report has been done showing the property is free and clear, an estimate for thermal heat pumps has been provided by Noco Energy Corporation, and as well, the architect's drawings for a potential six apartments in the stripped interior and the property survey are done. Additionally, an opportunity for mixed use development combining apartments and a commercial entity would thrive in this downtown area. Ideal for the property’s aesthetic charm might be a catering and events center while former school rooms could be linked to area culinary centers. This property in a prime location is a must see, a compelling investment opportunity with potential for strong returns. Whether you are interested in residential, commercial, or mixed-use development, this property provides the flexibility and opportunity to be part of a thriving hub in the heart of the downtown area. The current owner is relocating, creating an open door for a new owner to unlock the full potential of this property.
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Highlights

  • Corner of Broad Street and Seymour Street

Contacts

broker
Vicki Kessinger

Coldwell Banker Integrity Real Estate

Location

Getting Around

  • Walk Score ®

    89/100 Very Walkable

  • Bike Score ®

    72/100 Very Bikeable
Powered by Walk Score ®
  • City North Tonawanda, NY
  • Zip Code 14120
  • Market Buffalo

Points of Interest

  • Hertel & Wellington

    5.12 miles

  • Hertel & Starin

    5.25 miles

  • Hertel & Vorrhees

    5.28 miles

  • Hertel & Voorhees

    5.29 miles

  • University Station

    5.35 miles

  • Marina Vista Apartments

    5.51 miles

  • Humboldt–Hospital

    6.47 miles

  • Metro Rail Station

    8.27 miles

  • Lafayette Square

    9.14 miles

  • Buffalo–Exchange Street Station

    9.70 miles

  • Tops

    0.18 miles

  • ChargePoint

    0.38 miles

  • GoLo Gas

    0.51 miles

  • Gulf

    0.61 miles

  • Sunoco

    0.78 miles

  • Kwik Fill

    1.40 miles

  • Mobil

    1.49 miles

  • Tops Fuel

    1.64 miles

  • Tesla Destination Charger

    3.17 miles

  • EV Connect

    4.80 miles

  • Tonawanda Rail-Trail Parking

    0.83 miles

  • Greenway parking

    1.85 miles

  • Greenway trail parking

    1.97 miles

  • Rite Aid Parking Lot

    2.87 miles

  • Tonawanda Rails-to-Trails

    3.00 miles

  • The Woodlands Senior Village

    4.22 miles

  • DuPont Yerkes Contractor Parking

    4.35 miles

  • Governors E Lot (st)

    4.45 miles

  • Crofts Lot

    4.51 miles

  • Beane Lot

    4.52 miles

  • Center Way Hotel Tonawanda

    1.65 miles

  • Scottish Inns

    2.59 miles

  • Super 8 by Wyndham Kenmore/Buffalo/Niagara Falls Area

    2.63 miles

  • Budget Host Inn

    2.70 miles

  • Holiday Inn Express & Suites Tonawanda - Buffalo Area

    2.88 miles

  • Crown Inn

    2.88 miles

  • Blue Falls Motel

    2.89 miles

  • Knights Inn Tonawanda

    2.93 miles

  • Economy Inn

    2.94 miles

  • Route 62 Motel

    2.97 miles

  • Colosso Taco

    0.05 miles

  • Subway

    0.07 miles

  • Twin City Deli

    0.07 miles

  • Beijing Garden

    0.07 miles

  • Joey's Place

    0.12 miles

  • Guud & Evul Vegan Eats

    0.12 miles

  • Chim's Oasis

    0.14 miles

  • Dairy Queen

    0.17 miles

  • Joe's NY Style Pizza

    0.17 miles

  • Donut Kraze

    0.17 miles

  • Grant School

    0.76 miles

  • Highland School

    0.82 miles

  • Tonawanda Elementary School

    0.92 miles

  • Mullen Elementary School

    1.17 miles

  • Tonawanda High School

    1.18 miles

  • Spruce School

    1.32 miles

  • Pine Woods School

    1.32 miles

  • Cardinal O'Hara High School

    1.54 miles

  • Gilmore School

    1.76 miles

  • Heritage School

    1.92 miles

  • Kidsabilities

    0.62 miles

  • Kiddie Haven

    1.57 miles

  • Colvin-Brighton Child Care Center

    2.34 miles

  • Little People's Park

    2.95 miles

  • EduKids

    3.01 miles

  • Doodle Bugs!

    3.17 miles

  • Small World Too Child Care

    3.62 miles

  • Puddle Jumpers

    4.76 miles

  • GiGi's Playhouse Buffalo

    4.90 miles

  • EduKids Early Childhood Education Center

    5.02 miles

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Contact Listing Broker
broker
Vicki Kessinger

Coldwell Banker Integrity Real Estate

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