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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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