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    160 Ave E Lockport, NY

    For Sale
    $1,500,000

    Fully equipped, renovated surgical center in downtown Lockport, New York.

    Property size:
    11,928 SF
    Lot size:
    0.78 Acres

    Property Features for 160 Ave E

    General Information

    Size
    11,928 SF
    Lot size
    0.78 Acres

    Source: Hanna Commercial Real Estate | Buffalo Agent David Doerr

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Surgical Center in Lockport

    This is a completely renovated surgical center featuring almost 12,000 square feet on two floors, accessible by elevator. The property includes parking for approximately 30 cars. Located in downtown Lockport on a busy mixed-use street, the property is situated in an area with a need for medical services. The cost of improvements made exceeds the asking price. It is fully equipped to continue operating as a surgical center. The property is suitable for a single user or can be adapted for multi-tenant use. The owner may consider leasing back a portion of the building.
    Location Intelligence

    Current Use by Public Records

    Medical offices

    Map

    City
    Lockport
    County
    Niagara
    State
    New York
    Longitude
    -78.7278101
    Latitude
    43.0870018

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    FAQs

    What type of property is this?
    Medical office - Fully equipped, renovated surgical center in downtown Lockport, New York.
    Where is this medical office located?
    The property is located at 160 Ave E Lockport, NY.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - Fully equipped, completely renovated surgical center ready for immediate use.; - Substantial cost of improvements exceeds the asking price.; - Approximately 12,000 SF on two floors with elevator access.
    (716) 208-9514
    Request Owner's contact information
    160 Ave E Lockport, NY
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    160 Ave E Lockport, NY
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