285 Market St - Medical FOR SALE


Lockport, NY 14094
$549,000 USD
716-812-6333
285 Market St, Lockport, NY for Sale
$549,000 USD
Medical - FOR SALE
1/15
null | Request Cap Rate

285 Market St
Lockport, NY 14094


HIGHLIGHTS

  • Office building-leased until 2025 to one tenant
  • 50+ car parks, 2 grade doors, 1.17 acres
  • Newer mechanicals

OVERVIEW

BUILDING FOR SALE Well-maintained, building with an open floor plan with 16' ceiling height. The property sits at the corner of Market & Exchange Streets overlooking the Joseph A. Scapalletti Bridge and the Canal. It's adjacent to the Lockport Locks. This building is currently used, and is zoned as "office", and will be delivered vacant in April 2025. The building sits on a concrete slab. Great, newer mechanicals and electric. On-site paved parking for 50+ cars on a 1.2 acre lot. There is plenty of room on the property to build another building or garage. Ideally suited for showroom, attorney, financial, call center operations, machine shop, construction, landscape, light manufacturing, etc. Great as an investment or small business owner/ user. The City of Lockport is undergoing a city-wide rezoning! The building's zoning will most likely change to a more broad and inclusive zoning class(es). Must see inside just how great this building has been cared for!

FOR SALE DETAILS

PRICE

$549,000 USD

PRICE/SF

$56 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

FULLY LEASED / CASH FLOW

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

undefined, Freestanding, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

61

LAND DETAILS

LAND ACRES

1.16 AC

LAND SF

50,630 SF

ZONING

464

APN/PARCEL ID

109-040-0002-041-000

ASK ABOUT THIS PROPERTY

Nick GiammussoHunt Commercial Real EstateMore Info
716-812-6333

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Nick GiammussoHunt Commercial Real EstateMore Info
716-812-6333

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.