90 Pearce AveTonawanda, NY 14150
- Warehouses
- 11,564 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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