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BANKRUPTCY SALE: PRIME DOWNTOWN BUILDING 54-60 Webster St 41,568 SF 100% Leased Retail Building North Tonawanda, NY 14120 For Sale
Executive Summary
United States Bankruptcy Court WDNY - In Re: WebsterNT LLC, – Case No.: 24-11436-CLB
26,900+ SQ Ft Mixed Use Building + Plus 14,000 Sq Ft Basement
3 Commercial & 4 Potential Residential Units ++
SEEKING STALKING HORSE BIDS
54 Webster Street, North Tonawanda, Niagara County, NY 14120
26,900+ Sq Ft Mixed Use Building + Full 14,600+ Sq Ft Basement
Block-Through Building: Frontage on Webster & Manhattan
3 Commercial Spaces (Fully Occupied)
4 Residential Units Totaling 5,000+ Sq Ft (Stalled Renovation – Vacant)
Situated in the heart of the Revitalized Webster Street Entertainment/Shopping District & Revitalized Waterfront
surrounded by Specialty Shopping, Restaurants, Entertainment, Bars & Arts and Cultural Establishments
Across Street from Riviera Theater
12 Miles to Niagara Falls State Park
26,900+ SQ Ft Mixed Use Building + Plus 14,000 Sq Ft Basement
3 Commercial & 4 Potential Residential Units ++
SEEKING STALKING HORSE BIDS
54 Webster Street, North Tonawanda, Niagara County, NY 14120
26,900+ Sq Ft Mixed Use Building + Full 14,600+ Sq Ft Basement
Block-Through Building: Frontage on Webster & Manhattan
3 Commercial Spaces (Fully Occupied)
4 Residential Units Totaling 5,000+ Sq Ft (Stalled Renovation – Vacant)
Situated in the heart of the Revitalized Webster Street Entertainment/Shopping District & Revitalized Waterfront
surrounded by Specialty Shopping, Restaurants, Entertainment, Bars & Arts and Cultural Establishments
Across Street from Riviera Theater
12 Miles to Niagara Falls State Park
Property Facts
Sale Type
Investment
Sale Condition
Distress Sale
Property Type
Retail
Property Subtype
Restaurant
Building Size
41,568 SF
Building Class
C
Year Built
1900
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.89
Lot Size
0.33 AC
Opportunity Zone
Yes
Zoning
C-2
Parking
200 Spaces (4.81 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Restaurant
- Security System
- Signage
- Tenant Controlled HVAC
- Accent Lighting
- Storage Space
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
- -
- -
- Triple Net
- Aug 2027
Open since September 2022 Big Bill is well known throughout KenTon where he's spent the majority of his life and adulthood growing his family. As a coffee enthusiast who is always seen with a cup in hand, he's looking to bring something that he loves to the close knit community of North Tonawanda while improving the lives of both his employees and customers one cup at a time. You can alwavs find him by his big, hearty laugh. He can't wait to have a space to provide a hometown feel among friends and family!
- North Tonawanda History Museum
- Arts, Entertainment, and Recreation
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Accommodation and Food Services | - | - | Triple Net | Aug 2027 | |
| North Tonawanda History Museum | Arts, Entertainment, and Recreation | - | - | - | - |
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 291200-185-037-0001-031-000 | Improvements Assessment | $323,116 CAD |
| Land Assessment | $84,515 CAD | Total Assessment | $407,631 CAD |
Property Taxes
Parcel Number
291200-185-037-0001-031-000
Land Assessment
$84,515 CAD
Improvements Assessment
$323,116 CAD
Total Assessment
$407,631 CAD
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BANKRUPTCY SALE: PRIME DOWNTOWN BUILDING | 54-60 Webster St
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