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Riley Gear Building 59 Felton St 37,760 SF Vacant Industrial Building North Tonawanda, NY 14120 $1,866,375 CAD ($49.43 CAD/SF)

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EXECUTIVE SUMMARY

For Sale: Industrial Manufacturing Facility – 37,760 SF on 2.56 Acres in North Tonawanda, NY - Owner occupant or investment opportunity!
An exceptional opportunity to acquire a well-maintained industrial property in North Tonawanda, New York. Situated on 2.56 acres over 10 lots of contiguous or adjacent land. This 37,760-square-foot facility offers a rare combination of robust infrastructure, long-standing industrial use, and outstanding value—all priced at $1,350,000.00.
Property Highlights:
• Building Size: 37,760 SF
• Lot Size: 2.56 acres
• Ceiling Height: 14 feet clear throughout
• Year Built: 1955
This single-story masonry and steel-frame building is purpose-built for manufacturing. The facility offers flexible space that can support a wide range of industrial operations—from machining and fabrication to warehousing and assembly.
Prior Occupant – Riley Gear Corporation:
Established in 1946, Riley Gear has served as a trusted manufacturing partner to a wide range of industries, specializing in:
• Precision gears
• Custom gearboxes
• High-speed and large-diameter gears
Investment & User Potential:
Whether you're a business owner seeking functional space for production or an investor targeting value-add opportunities, this property offers:
• Low acquisition cost per square foot
• Space to support heavy-duty industrial or machine-based operations
• Potential to re-tenant or reposition for modern light industrial or logistics use
• Outdoor area for parking, storage, or future expansion
Location Benefits:
Located in the city of North Tonawanda, this site benefits from:
• Proximity to Buffalo and Niagara Falls
• Access to major transportation routes and logistics networks
• A business-friendly municipality with a strong industrial legacy

PROPERTY FACTS

Price $1,866,375 CAD
Price Per SF $49.43 CAD
Sale Type Investment or Owner User
Property Type Industrial
Building Class C
Lot Size 2.56 AC
Rentable Building Area 37,760 SF
No. Stories 3
Year Built 1955
Clear Ceiling Height 14’
Zoning M-2 - General Industrial District

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 37,760 SF
  • Industrial
  • -
  • Now

For Lease or Sale: Industrial Manufacturing Facility – 37,760 SF on 2.56 Acres in North Tonawanda, NY - Owner occupant or investment opportunity! An exceptional opportunity to acquire a well-maintained industrial property in North Tonawanda, New York. Situated on 2.56 acres over 10 lots of contiguous or adjacent land. This 37,760-square-foot facility offers a rare combination of robust infrastructure, long-standing industrial use, and outstanding value. Property Highlights: • Building Size: 37,760 SF • Lot Size: 2.56 acres • Ceiling Height: 14 feet clear throughout • Year Built: 1955 This single-story masonry and steel-frame building is purpose-built for manufacturing. The facility offers flexible space that can support a wide range of industrial operations—from machining and fabrication to warehousing and assembly. Prior Occupant – Riley Gear Corporation: Established in 1946, Riley Gear has served as a trusted manufacturing partner to a wide range of industries, specializing in: • Precision gears • Custom gearboxes • High-speed and large-diameter gears Investment & User Potential: Whether you're a business owner seeking functional space for production or an investor targeting value-add opportunities, this property offers: • Low acquisition cost per square foot • Space to support heavy-duty industrial or machine-based operations • Potential to re-tenant or reposition for modern light industrial or logistics use • Outdoor area for parking, storage, or future expansion Location Benefits: Located in the city of North Tonawanda, this site benefits from: • Proximity to Buffalo and Niagara Falls • Access to major transportation routes and logistics networks • A business-friendly municipality with a strong industrial legacy

Space Size Space Use Condition Available
1st Floor 37,760 SF Industrial - Now

1st Floor

Size
37,760 SF
Space Use
Industrial
Condition
-
Available
Now

1st Floor

Size 37,760 SF
Space Use Industrial
Condition -
Available Now

For Lease or Sale: Industrial Manufacturing Facility – 37,760 SF on 2.56 Acres in North Tonawanda, NY - Owner occupant or investment opportunity! An exceptional opportunity to acquire a well-maintained industrial property in North Tonawanda, New York. Situated on 2.56 acres over 10 lots of contiguous or adjacent land. This 37,760-square-foot facility offers a rare combination of robust infrastructure, long-standing industrial use, and outstanding value. Property Highlights: • Building Size: 37,760 SF • Lot Size: 2.56 acres • Ceiling Height: 14 feet clear throughout • Year Built: 1955 This single-story masonry and steel-frame building is purpose-built for manufacturing. The facility offers flexible space that can support a wide range of industrial operations—from machining and fabrication to warehousing and assembly. Prior Occupant – Riley Gear Corporation: Established in 1946, Riley Gear has served as a trusted manufacturing partner to a wide range of industries, specializing in: • Precision gears • Custom gearboxes • High-speed and large-diameter gears Investment & User Potential: Whether you're a business owner seeking functional space for production or an investor targeting value-add opportunities, this property offers: • Low acquisition cost per square foot • Space to support heavy-duty industrial or machine-based operations • Potential to re-tenant or reposition for modern light industrial or logistics use • Outdoor area for parking, storage, or future expansion Location Benefits: Located in the city of North Tonawanda, this site benefits from: • Proximity to Buffalo and Niagara Falls • Access to major transportation routes and logistics networks • A business-friendly municipality with a strong industrial legacy

Bike Score®
Very Bikeable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
291200-181-008-0002-014-000
Land Assessment
$46,764 CAD
Improvements Assessment
$781,785 CAD
Total Assessment
$828,549 CAD
  • Listing ID: 35691483

  • Date on Market: 2025-04-30

  • Last Updated:

  • Address: 59 Felton St, North Tonawanda, NY 14120

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