CCertihomes
1516 Military Road, Tonawanda, NY 14217

$2,250,000

0 beds 0 baths 11,200 sqft Built 1963124 days on marketActive

About this home

For sale or master lease this 23-unit ghost kitchen. Hight tech building, fully undated. Hoods, Extraction, Grease Trap/Interceptor, High-end Walk-In Cold + Dry Storage, Industrial-Grade Water Heating, Gas, Makeup and Tempered Air, Staff Break Room, Locker Area, Courier Lounge, Receiving/Loading Area, Restrooms, Mop Wash, Trash/Recycle, Air Conditioning, Gas/Fire Safety System, Wi-Fi/ Phone. Unite SF range from 249 sf, 271 sf each. Master lease rate $20. per SF NNN. makes this a great investment. Also listed for lease ML#B1594659

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$16,853/mo

Real estate (PITI + HOA + PMI)
$14,854
Principal + interest$10,205
Property tax + insurance$3,805
PMI / 2nd mortgage$844
Utilities
$5,496
Heating + cooling$2,595
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$140
$16,853/mo TLC
Budget$17,353/mo
Remaining after TLC$500/mo
Purchase price
$2,250,000
Down payment
$112,500 (5%)
Loan amount
$2,137,500
APR
4%

Quick facts

Type
Industrial
Style
Year built
1963
Lot size
0.82 ac
Stories
1
Heating
Gas, ForcedAir
Cooling
Water
Public
HOA
Annual tax
$15,951
MLS #
B1594658
County
Erie

Home features

Parking
OnSite
Roof
Flat
Sewer
PublicSewer

Lot features

IrregularLot

Neighborhood — 14217

MetricThis ZIPCountyUSA
Population23,69419,351,094299,088,112
Population Change Since1990-9.00%8.00%20.00%
Population Density7,384395
Male10,9599,381,926147,432,321
Female12,7359,969,168151,655,844
Never Married5,4704,946,39163,775,926
Married9,8907,166,701123,120,365
Separated5941,159,67312,639,686
Widowed2,0581,110,24515,467,586
Divorced1,7451,210,44823,075,029
Number Of House Hold10,2227,102,016111,826,380
Average House Hold Size2.262.642.60
Medial Age40.5136.5335.46
Median House Hold Income$45,180$49,847$48,276
Average House Hold Income$51,285$70,032$63,629
P C I$22,570$26,569$24,529
M D I$39,183$42,210$41,133
A T H E$44,396$54,185$50,898
S T R8.75%4.00%
W C J69.49%81.55%77.74%
(Zip) Code
14217

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Listing information last refreshed 3/21/2025. Provided courtesy of HUNT Commercial Real Estate Corp. of Buffalo New York via Buffalo MLS. Information deemed reliable but not guaranteed.