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Mixed-Use Property with Development Potential

242 S Transit St Lockport, NY 14094

242 S Transit St, Lockport, NY, 14094
$159,000
For Sale
Claim this Listing
$159,000

Two-unit mixed-use property with parking and development opportunities.

Lot Size0.33 Acres
AddedNov 27, 2025
Days on Market230
Last RefreshMay 11 at 12:45 am

Property Features for 242 S Transit St

General Information

Standard status
Active
Lot size
0.33 Acres
Property subtype
Multi Family

Building Details

Year Built
1918

Listing office

Listing date Nov 27, 2025

Source Elliman

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

All listing content including descriptions, pricing, images are the copyrighted material of Jason D Castricone


Investment Insights

Based on property information with market context.

This two-unit multi-family property is currently operated as a mixed-use space under a variance. The site provides ample parking and multiple entrances, allowing for division of the spaces. Concept renderings and architectural plans are available to showcase potential construction ideas. The upper apartment unit can offset expenses. This property presents an opportunity for various business uses.

Key Highlights

  • Multi‑family (2‑unit) property with variance allowing mixed‑use operation.
  • Potential for multiple businesses due to mixed‑use variance.
  • Upper apartment unit can offset business expenses.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office Real Estate Agency Skin Care Clinic Parking Lot & Garage Storage Facility Daycare Center Big Box & Wholesale Store HVAC Service Gym & Fitness Center Carpet & Flooring Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mixed-use property - Two-unit mixed-use property with parking and development opportunities.
Where is this mixed-use property located?
The property is located at 242 S Transit St Lockport, NY.
What is the asking price?
The asking price for this property is $159,000.
What are key features of this property?
This property features: Multi‑family (2‑unit) property with variance allowing mixed‑use operation.; Potential for multiple businesses due to mixed‑use variance.; Upper apartment unit can offset business expenses.
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