Listing Courtesy of: 716-602-0064 - Michael O'Connor - HUNT Real Estate Corporation
716-434-6266
$990,999
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44 Webster St North Tonawanda, NY 14120
Other
Residence
Beds
Baths
17,838
Sq. Ft.
0.25
Acre
Lot
Property Activity
Time on Site
days
Days on Market
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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 bui...ldings 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.
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MLS#
B1580520
Property Type
Other
Year Built
1900
Square Feet
17,838
sq. ft
Lot Size
0.25
Sewer
Sewer Connected
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