$1,200,000
$1,300,000
7.7%For more information regarding the value of a property, please contact us for a free consultation.
20,511 SqFt
SOLD DATE : 01/15/2025
Key Details
Sold Price $1,200,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 20,511 sqft
Price per Sqft $58
MLS Listing ID B1541296
Sold Date 01/15/25
Construction Status Existing
HOA Y/N No
Year Built 1956
Annual Tax Amount $24,627
Lot Size 0.670 Acres
Acres 0.67
Lot Dimensions 183X190
Property Sub-Type Business
Property Description
For Sale! 561 Main St., located on busy Main Street in the city of Tonawanda, is an excellent investment opportunity in a prime location. This building offers over 20,000 square feet of office space at $63 per square foot. The office building features 12 office suites ranging from 1,000 to 5,000 square feet. Currently, 9 suites are rented to long-term tenants, with 3 units available for lease. There is ample parking for tenants and their customers, with a parking lot next to the building that can accommodate 30-40cars. The parking lot across the street is included in the sale under tax ID (141600-053-290-0006-001-212), provides space for an additional 50+ cars. The building is in great condition, with a relatively new roof and has been professionally managed.
Location
State NY
County Erie
Area Tonawanda-City-141600
Direction Sheridan to Military to Main st
Rooms
Basement Partial
Interior
Heating Gas, Forced Air
Cooling Central Air
Fireplace No
Exterior
Utilities Available Sewer Connected
Roof Type Flat,Membrane,Rubber
Total Parking Spaces 100
Building
Story 2
Sewer Public Sewer
Level or Stories Two
Construction Status Existing
Schools
School District Tonawanda City
Others
Tax ID 141600-053-290-0003-037-100
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Other,See Remarks
Special Listing Condition Standard
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Bought with Pearl Properties of NY LLC
Broker Associate | License ID: 10301219405
+1(315) 430-0030 | celeste.ccgrealty@gmail.com