Lender-Driven Retail or Redevelopment 3640 Delaware Ave 2 415 m² Inoccupé Local commercial Vente aux enchères en ligne Tonawanda, NY 14217

3640 Delaware Avenue presents an exceptional acquisition for both owner-users or investors, offering a vacant, 26,000-square-foot retail asset with a highly visible location in Tonawanda, New York.

Situated on a 1.26-acre corner lot at the signalized intersection of Delaware Avenue and Thorncliff Road, the property benefits from strong visibility, convenient access, and daily traffic counts exceeding 20,000 vehicles. Formerly occupied by a grocery retailer, the building features a flexible, mostly open layout, dedicated office space, two dock loading doors, pylon signage, and parking for approximately 70 vehicles. The asset offers a blank canvas for a new owner to tailor the space to specific operational needs or execute a value-add leasing strategy. The site's General Commercial zoning permits a wide range of possible uses, creating added potential for strategic conversion or adaptive reuse projects.

The property's location further strengthens its appeal. Delaware Avenue serves as a major commercial corridor with direct connectivity to Interstates 190 and 290, providing efficient access throughout the Buffalo metropolitan area. The surrounding retail environment includes a diverse mix of national brands such as Tops Friendly Markets, Planet Fitness, CVS, Aldi, Starbucks, Jersey Mike’s Subs, Chipotle, and Panera Bread, creating consistent consumer activity and reinforcing the corridor's retail draw.

The strength of the surrounding trade area provides additional support for future business and investment growth. Within a 3-mile radius, the area is home to more than 127,500 residents with average household incomes exceeding $84,900 and over $1.58 billion in annual consumer spending. These favorable demographics support a wide range of retail and service-oriented uses with dependable customer activity. Investors will also find strong support in this competitive submarket, where retail vacancies sit at just 4.9%, no new space is currently under construction, and rents have grown an average of 2.5% annually during the past five years. These attractive fundamentals create ideal conditions for sustained tenant demand and asset appreciation in the market.

In summary, 3640 Delaware Avenue delivers a compelling opportunity for businesses and investors seeking a flexible retail asset with a prominent location and long-term growth potential in Erie County.

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