906 Brighton RdTonawanda, NY 14150

  • Investment properties
  • 6,240 SF
For Sale
$50,000 View listing

Property Details for 906 Brighton Rd

Year built
1990
Lot size
0.37 AC
Property size (Sq ft)
6,240 SF
Zone code
TND
Property type
Investment properties
Property subtype
Retail residential properties
APN
146489 53.68-5-10
APU
1464895368510

Description

This established can and bottle recycling business in Tonawanda, New York is a turnkey operation ready for immediate ownership. Located at 906 Brighton Rd, in a bustling plaza with convenient access to the I-290 NY Expressway, this single-story, 3,240 square foot storefront offers a stable investment opportunity. The property, built in 1990, is zoned for commercial use and features all necessary equipment and signage included in the sale price of $50,000 ($15.43/sq ft). A three-year lease is already in place, minimizing initial operational risks. The business benefits from its high-traffic location near amenities such as the Paddock Golf Dome and Texas Road House, ensuring consistent customer flow. This Class C retail property presents a unique chance to acquire a profitable, well-established business with minimal start-up costs. The single-tenancy setup simplifies management, and the existing infrastructure ensures a smooth transition for the new owner. This is an exceptional opportunity for an investor seeking a stabilized, low-risk investment with immediate income potential. The property is situated in Erie County, NY, zip code 14150.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,403,618
    6.5%
    $1,295,647
    7%
    $1,203,101
  • Comparable approach

    Method
    Valuation
    Relative Method
    $925,320
    Geo Method
    $608,466
  • Alternative Use

    Use
    Valuation
    Residential
    $1,295,647
    Hospitality
    $1,186,806
    Educational
    $987,408
    Medical
    $1,021,367
    Retail
    $1,535,968

Location Insight

City
Tonawanda
County
Erie
State
New York
Latitude
42.9914
Longitude
-78.8395
CBSA code
15380
CBSA name
BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2019
$19,174
$31,400
$129,200
$160,600
-
$130,840
$538,360
$669,200

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