1 Grove Street
Tonawanda-City, NY, 14150
$525,000
6 Beds
4 Baths
7,890 SqFt
0.14 Acres
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Discover a prime mixed-use opportunity at 1 Grove Street, Tonawanda, NY! This corner lot property features a bright, move-in-ready office space on the main floor, freshly painted and perfect for immediate occupancy. The unique garage offers flexible storage or workshop options, with one space currently rented at $250/month. On the second floor, you’ll find four residential units (one ready for renovation). Benefit from plenty of street parking, plus dedicated spaces for four cars. Located near Niagara River attractions, restaurants, and shops, it’s ideally priced with a 7% CAP rate—plant your business on the main floor and let rental income cover your expenses! Cross Listed under commercial MLS# B1572451

Property Details

Price:
$525,000
MLS #:
B1574688
Status:
Active
Beds:
6
Baths:
4
Address:
1 Grove Street
Type:
Multi Family
Subtype:
MultiFamily
Subdivision:
Tobias Witmers Map
Neighborhood:
Tonawanda-City-141600
City:
Tonawanda-City
Listed Date:
Oct 28, 2024
State:
NY
Finished Sq Ft:
7,890
Total Sq Ft:
7,890
ZIP:
14150
Lot Size:
6,006 sqft / 0.14 acres (approx)
Year Built:
1900
Units:
4
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Schools

School District:
Tonawanda City

Interior

Appliances
Gas Water Heater
Bathrooms
4 Full Bathrooms
Cooling
Other, See Remarks
Flooring
Carpet, Tile, Varies
Heating
Gas, Other, See Remarks

Exterior

Construction Materials
Vinyl Siding
Parking Features
Two Or More Spaces
Roof
Flat

Financial

Taxes
$5,190

Map

Community

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