$2,900,000

54 Webster Street, North Tonawanda NY, 14120

Price per sqft$69.80

Built in1900

Property size41,549 sqft

Property typeCommercial

Overview

Active

Listed Aug 12, 2026

Updated 26h ago

Prime Prime investment opportunity in booming downtown North Tonawanda. Partnership breakup requires sale of partially developed building. The ground floor is fully occupied with solid commercial restaurant tenants and a NY State Government agency. The 2nd floor apartments are framed out but not complete. There is plenty of space in this building to add additional revenue. The NOI is based on actual rental income. A pro-forma would put this building well north of three million. The improvements to the property included: new electrical service, new plumbing services, many all new HVAC unites throughout, windows and extensive improvements to accommodate the existing tenants. These capital improvements are not reflected in the NOI. A must tour to understand the enormous upside this property offers. Additional Pictures, plans and drawings available

Additional information

MLS^® ID: B1706628

Interior Features

Bathrooms: 0
Cooling: Yes
Heating: Yes
Basement: Yes

Exterior Features

Lot Size: 0.33 Acres

Other Property Details

Taxes: $8,386
Tax Frequency: Annually

Courtesy of Pearl Properties of NY LLC, Ralph Dailey

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Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s), Benjamin Domagala, nor Luxury Presence shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

Data last updated 5:47 AM UTC, 9/19/2026