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Office Building with Flexible Layout
For Sale
$374,900

556 TRANSIT ST, Lockport, NY 14094

Well-maintained office building with separate level electric service and parking for approximately 20–25 vehicles on a MU-N-zoned site.

Property Size3,840 SF
Price / SF$97.63
Days on Market149

Property Features for 556 TRANSIT ST

General Information

Standard status Active
Size 3,840 SF
Total Parking Spaces 25
Property subtype General Commercial
Zoning MU-N

Taxes and HOA fees

Annual Taxes $7,895

Amenities

Gas
3
Carpet
Asphalt, Shingle
20 Parking Spaces. Shared Driveway.
Rectangular
94X213
Other Road Type, Rectangular.

Building Details

Year Built 1972
Year Renovated 2019
Stories 2
Listing Agency: HUNT Real Estate ERA
Listed By: Amy Triplet
Source: Xome
Added: Mar 14 Changed: Aug 7 Last Checked: Aug 9 at 5:14AM

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 HUNT Real Estate ERA

Investment Insights

Based on property information with market context.

This well-maintained office building offers flexible, multi-room space currently configured for office use. The main level includes a reception area, large private offices, multiple open workspaces, and a full bathroom with a shower. The lower level adds numerous private offices, two additional bathrooms, a utility room, and abundant storage, along with two reception areas and kitchen/break spaces. Separate electric services for each level support independent use.

The property is situated along the South Transit corridor and includes a blacktop parking area accommodating approximately 20–25 vehicles. It is previously utilized as office space and is located in a Mixed Use (MU-N) zoning district.

Major updates completed in 2019 include the roof, windows, carpeting, and the main sewer line. Mechanical systems are noted to be in very good condition, including a newer A/C unit.

Key Highlights

  • Well‑maintained office building with 3,800+ SF of flexible space across a main level and lower level
  • Separate electric services for each level, supporting independent use or potential separate rentals
  • 2019 major updates: roof, windows, carpeting, and main sewer line

Property Analytics

Current Use

Haseley Timothy D Law Firm Fox James L Law Firm National Payment Solutions Atm Swanson Walker & Associates ... Corporate Office

Suggested Use

Top Pick Law Firm Parking Lot & Garage HVAC Service Skin Care Clinic Daycare Center Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

359
Businesses Nearby

Demographics for 14094, NY

50,969
Population
23,283
Households
2.2
Avg Household Size
42
Median Age
29%
College-Educated
92%
High-School Grad
121.7 sq mi
ZIP Area
419
Density / Sq Mi
$73,354
Median Household Income
$45,056
Median Earnings
$869
Median Rent
$186,100
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Well-maintained office building with separate level electric service and parking for approximately 20–25 vehicles on a MU-N-zoned site.
Where is this office building located?
The property is located at 556 TRANSIT ST Lockport, NY.
What is the asking price?
The asking price for this property is $374,900.
What are key features of this property?
This property features: Well‑maintained office building with 3,800+ SF of flexible space across a main level and lower level; Separate electric services for each level, supporting independent use or potential separate rentals; 2019 major updates: roof, windows, carpeting, and main sewer line
More about this property
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