44-52 Webster St, North Tonawanda, NY 14120

Don't miss out on this amazing investment opportunity! This unique property offers both commercial and residential income. Nestled in the revitalized NT downtown area. This highly sought after area is bustling w/ restaurants, shops, and the historic Riviera Theater. The property is two connected buildings holding 5 residential & 4 commercial units (all currently rented) with on-site parking. R1: This luxurious 3-bedroom, 2-bathroom residence boasts 2,200 sq ft of space, featuring 12 foot ceilings, a stunning primary suite w/ a jacuzzi, hardwood floors, a living room complete w/ a large wet bar perfect for entertaining. R2: A fully remodeled 3-bedroom, 2-bathroom unit w/ an open-concept layout and 1,700 sq ft of modern living. R3: A charming 2-bedroom, 1-bathroom unit w/ two levels, offering a cozy yet spacious feel. R4: A 1-bedroom, 1-bathroom unit ideal for comfort and simplicity. R5: A studio unit designed for efficient, stylish living. C1: is presently a fully-equipped HVAC shop featuring a high garage door, a dedicated office, two bonus rooms, ample storage with shelving, a bathroom, laundry room, & basement access, perfect for service-oriented operations. There is also a temp. controlled storage unit on the property. C 2 & 3: Are currently home to a tattoo shop undergoing renovations, boasting prominent storefront exposure w/ large display windows ideal for attracting foot traffic. C4: A recently remodeled nail salon, shines with its modern interior & large picture windows that provide excellent visibility & natural light. All leases finish at the end of 2025 - Residential renters are family and friends so current rents are much lower than projected rents. The exterior of the building features an attractive brick front complemented by newly installed siding, with updated signage and modern lighting scheduled to be completed in one month. Excellent opportunity for entrepreneurs and established businesses alike. Don't miss your chance to invest in this thriving community hub! Sale includes 44, 46 & 52 Webster Street & reflects assessments and taxes combined for the 3 properties. Sq footage is reflective of all 3 properties as well. See also MLS# B1580520. 2025-03-04