1 Grove St, Tonawanda-City, NY, 14150

Location

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1 Grove St, Tonawanda$525,000

Buyer Closing Credits

$6,234^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeMulti Family

ParkingTwo or More Spaces

Garage3 spaces

Year Built1900

HeatingNatural Gas, Other

CoolingOther

MLS #B1574688

Lot Size0.14 Acres

StatusActive

About 1 Grove St

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

Property Features

Property Information:

Year Built: 1900
Stories: 2
Living Area: 7,890 SqFt

Listing Office:

Office Name: Buffalo Property Partners LLC
Office Email: chris@buffalopropertypartners.com
Listing Agent: Christopher P Wietig

Interior Features

Interior Information:

Appliances: Gas Water Heater
Basement: No
Flooring Type: Carpet, Tile, Varies

Bedroom and Bathroom Information:

Full Bathrooms: 4
Total Bedroom Count: 6

Exterior Features

Parking Information:

Garage Space: 3 spaces
Parking: Two or More Spaces

Lot Features

Lot Information:

Lot: Corner Lot
Lot Size: 0.14 Acres

Utilities

Utilities Information:

Heating: Natural Gas, Other
Cooling: Other

Other

Directions Information:

Directions: Fletcher to grove

Price Information

Listing Price Info

Price Summary:

List Price: $525,000
Price Per SqFt: $67/SqFt

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Housing Market Comparison

See how this home compares to others in Tonawanda, NY.

Tonawanda, NY

City

Med. Sold Price

$237.7K

Med. Price/SqFt

$183

Avg. Days On Market

# of Sold Homes

1 Grove St vs Tonawanda

35 DAYS ON ROCKET

+22 Days

$525,000

+$287.2K More

$67/SqFt

-$116 Less

KEY TAKEAWAY

This property is $287.2K more than the Median Sold Price and $116/SqFt less than other homes in Tonawanda, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

MLS Name: NYS
MLS Number: #B1574688

Listing Office:

Office Name: Buffalo Property Partners LLC
Office Email: chris@buffalopropertypartners.com
Listing Agent: Christopher P Wietig

The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally
harmless.

© 2024 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 12/3/2024, 12:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

/10

Mullen Elementary School
130 Syracuse St
Distance between this listing and this school1.05 miles
Public District Grades KG-5

/10

Spruce School
195 Spruce St
Distance between this listing and this school1.29 miles
Public District Grades KG-3

/10

Riverview Elementary School
55 Taylor Dr
Distance between this listing and this school1.51 miles
Public District Grades PK-3

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

How much money do the neighbors make?

31%

<35k

49%

35k-100k

14%

100k-200k

200k+

What level of education do the neighbors have?

Post Secondary: 54%
High School: 36%
Masters: 8%
Doctorate: 2%

What types of families live nearby?

54%

Single, No Kids

12%

Single, with Kids

22%

Married, No Kids

12%

Married, with Kids

Are the neighbors home owners or renters?

Home Owners: 52%
Renters: 48%

How old are people in this area?

13%

<11 yrs old

12-17 yrs old

26%

18-34 yrs old

42%

35-64 yrs old

12%

65+ yrs old

What do the neighbors do for fun?

Extreme Sports
Pro Boxing
Horse Races

Where do the neighbors shop?

Sam's Club
Family Dollar
Stein Mart

Where do the neighbors go to eat?

White Castle
LongHorn Steakhouse
Dominos Pizza

What do the neighbors drive?

Oldsmobile
Chevrolet
Buick

What do the neighbors listen to?

Rock
Contemporary Inspirational
Rhythmic Contemporary Hits

The neighbors living near this home have an average income of $56,014. The most common annual income of people living in Tonawanda, NY is between $35k-100k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Erie County›Tonawanda›14150›1 Grove St

This home is located at 1 Grove St in Tonawanda-City, NY and zip code 14150. This 7,890 square foot home, which was built in 1900, sits on a 0.14 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 28, 2024 and is currently priced at $525,000.

Tonawanda, NY housing market in November 2024 saw over 20 listings sold above listed price, more than 1 sold at listed price and over 5 sold below. The number of listings in Tonawanda, NY decreased by 35.2% between October 2024 and November 2024. The median list price of listings available in November 2024 was $237,766, while the average time on the real estate market was 13 days.

Location

Property Highlights

Property Details

Property Features

Interior Features

Exterior Features

Lot Features

Utilities

Other

Price Information

Listing Price Info

Housing Market Comparison

MLS Details

Property Sales & Tax

Payment Calculator

Schools

Schools Nearby

Neighborhood

What Are The Neighbors Like?

More Resources

More Homes For Sale in Tonawanda

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Housing Market Reports in Erie County