90 Pearce AveTonawanda, NY 14150

  • Warehouses
  • 11,564 SF
For Lease
$10/SF/YR View listing

Property Details for 90 Pearce Ave

Year built
1978
Lot size
1.97 AC
Property size (Sq ft)
11,564 SF
Zone code
P-S
Property type
Warehouses
APN
146489 52.15-1-6
APU
146489521516

Description

This exceptional commercial property, located at 90 Pearce Ave in Tonawanda, NY, presents a unique investment opportunity. The 11,564 square foot building sits on a two-acre lot, offering a blend of approximately half warehouse and half traditional office space. Its strategic location just south of I-290 ensures excellent accessibility and visibility. The property includes a significant advantage with 1.25 acres of secure, gated outside lot storage, enhanced by security cameras. Ample parking is provided with a dedicated lot accommodating 20 vehicles. Currently, a tenant occupies roughly 15% of the building. The property is zoned Commercial P-S (Performance Standard) and benefits from its designation within an SBA Certified HUBZone. The asking price is $1,299,000, translating to $112.33 per square foot. This property offers a compelling combination of space, location, and security features, making it ideal for a variety of commercial uses. The existing tenant provides immediate income potential. The expansive outdoor storage area adds significant value, particularly for businesses requiring secure storage solutions. This is a rare opportunity to acquire a well-situated, versatile commercial property in a thriving area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,401,111
    Hospitality
    $2,199,405
    Educational
    $1,829,879
    Medical
    $1,892,811
    Retail
    $2,846,478
90 Pearce Ave, Tonawanda, New York

Location Insight

City
Tonawanda
County
Erie
State
New York
Latitude
42.9925
Longitude
-78.8951
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
$21,373
$51,200
$151,800
$203,000
-
$213,325
$632,475
$845,800

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