Active

775 Oliver Street

North Tonawanda NY, 14120

$775,000


$72.13 per sqft

Active

10,745 sqft

Commercial

Built in 1956

Welcome to 775 Oliver in North Tonawanda! We are pleased to offer this unique opportunity. This mixed use structure comprises restaurant/bar, rental housing and warehouse space. The restaurant/bar is being sold with all its contents to include : kitchen equipment, walk-in coolers tables, chairs , glassware, furniture and table settings. This is truly a turn key opportunity!!! The Fully updated Apartment can help offset the initial carrying costs and If you take into account the potential income from the warehouse space consisting of close to 4,000 sqft , this can become a cash cow! The current owner has meticulously maintained and updated the building over the years. Some of the updates are as follows: Roofs for the entire Building, Windows for the Entire Building, Complete remodel of the restaurant area, Complete remodel of the apartment to include Kitchen and Bath and the list goes on and on. A complete list of updates are attached to MLS Listing. The combination of updates, space, neighborhood recognition and future revenue potential, makes this an opportunity that should not be missed. Sellers may consider leasing the bar or Wearhouse separately or together.

B1585554

MLS ID

January 24, 2025

Listed

February 21, 2025

Updated

Interior Features

Total Stories

2


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Gas, Baseboard, Forced Air

Exterior/Building Features

Lot Size

0.22 Acres


Lot Features

Rectangular


Roof

Flat


Sewer

Public Sewer

School Information

School District

North Tonawanda

Other Property Details

Area Name

North Tonawanda-City-291200


Taxes

$7,926


Tax Frequency

Annually


Days on Market

11


Garage

Yes


Parking

Common


Parking Total

6


View

No


County

Niagara


Municipality

Not Applicable


Utilities

Sewer Connected


Zoning

Multi Use

 

Courtesy of Serota Real Estate LLC, Richard Grisanti

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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.

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