NOTICE: ***A TAX ADJUSTMENT IS ANTICIPATED*** In a prime economic opportunity location, this 14,125-sf property is ideal for a mixed-use vision such as for a winery or brewing company, contractor or medical offices, product showrooms and warehousing, catering, training centers, any of which would thrive in this downtown corridor at 116 Broad Street in Tonawanda. The area is being discovered with multi-million-dollar projects (see below). The property's aesthetic charm invites apartment living with its nearby access to pubs, eateries, shops, biking paths and riverfront concerts, fitting today's market. The building’s current 3-component areas allow for your vision with potential separate phased-development, and its stripped interior is a great blank sheet providing for design flexibility. An Asbestos Abatement Report has been done showing the property is free and clear, and an estimate for geothermal heat pumps was undertaken by Nocco Energy Corporation. With the $10 million Downtown Revitalization Initiative monies awarded to Tonawanda business projects, and two multi-million dollar anticipated business and residential projects, this city is on the move. Near to this property is planned an intermodal hub, feeding into downtown and waterfront connections. Be among the first to capitalize on this exciting business expansion.
Prime 35x115 commercial lot with existing structure ready for your vision. Fantastic potential for redevelopment or renovation. Great opportunity for investors, builders, or entrepreneurs looking to create something new in a growing area.
This is an exceptional opportunity to own a versatile General Business District commercial building located in the heart of the Town of Tonawanda. Built in 1985, this attractive one-story masonry property is situated on a 0.38-acre lot and offers 4,500 sq. ft. of space plus a full basement with mechanicals, generous storage, and a second egress. Currently, two of the three suites are owner-occupied as medical offices, while the third is vacant and ready for immediate use—perfect for an owner-user or investor seeking rental income. Positioned along busy Sheridan Drive, the building enjoys high visibility, heavy vehicle traffic, and a good amount of foot traffic. Surrounding properties include a healthy mix of commercial, office, and multi-family residential uses, enhancing the site’s appeal and flexibility. A paved parking lot provides 24 on-site spaces, and the property’s zoning allows for a wide range of possibilities—medical or professional offices, retail, day care, financial institutions, or mixed-use residential development.

Tonawanda is located in New York. Tonawanda, New York has a population of 15,132. Tonawanda is more family-centric than the surrounding county with 28.6% of the households containing married families with children. The county average for households married with children is 26.77%.
The median household income in Tonawanda, New York is $56,112. The median household income for the surrounding county is $62,578 compared to the national median of $69,021. The median age of people living in Tonawanda is 43.6 years.
The average high temperature in July is 81.4 degrees, with an average low temperature in January of 16.3 degrees. The average rainfall is approximately 36.7 inches per year, with 84.5 inches of snow per year.