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    Prime Lewiston Commercial Building Title is generated by Realmo AI

    716 Center St, Lewiston, NY 14092

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    For Sale
    $674,900

    Updated commercial building in Lewiston's business district.

    Type:Commercial
    Property size:
    3,960 SF
    Price / SF:
    $170/SF
    Added:
    Apr 24, 2026
    Days on Market:
    50
    Last Refresh:
    Apr 24 at 8:31 pm

    Property Features for 716 Center St

    General Information

    Standard status
    Active
    Size
    3,960 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1960

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    Listing Contact
    Cheryl Deal
    Cheryl Deal

    Listing agent Cheryl Deal License #10311205717

    Listing office Deal Realty, Inc

    Listing date Apr 24, 2026

    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 Deal Realty, Inc

    HighLights

    • Prime location on Center Street in the heart of the Village of Lewiston business district.
    • Two‑unit commercial building with income potential from existing tenant in Unit One.
    • Fully updated and move‑in ready condition.
    • Flexible layout easily adaptable to one larger unit or various business uses.
    • Private entrances/exits for each unit enhancing accessibility and visibility.
    • Partially finished basement with additional office space, storage, and updated mechanics.

    Overview

    This commercial building is located in the heart of the Village of Lewiston business district on Center Street, surrounded by small businesses, boutiques, shops, and restaurants. The property is configured as a two-unit commercial building, but can function as one larger unit. Both units are updated and move-in ready, featuring private entrances and exits. Unit One is currently occupied, presenting an investment opportunity. It features a foyer entry with large windows, a built-in reception desk, wood floors, recessed lighting, crown molding, and custom built-in cabinetry. The front office offers ample built-ins, while the hallway leads to an updated half bath and an additional versatile space that can serve as a kitchenette or expanded workspace. The rear office includes built-in cabinetry and a private door leading directly to the back parking lot. The second unit also showcases large exterior windows overlooking Center Street, built-in cabinetry, recessed lighting, and a combination of private and open office areas. Additional features include an updated half bath and a kitchen equipped with a sink, microwave, refrigerator and dishwasher. Dual front and rear entrances enhance accessibility and visibility. The partially finished basement accessible from this unit offers additional office space, a half bath, storage, glass block windows, two furnaces, updated mechanics & a sump pump. The square footage per tax records reflects 3,960, with 2,440 on the 1st floor & 1,520 in the partially finished basement.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $85.5k $21.60
    − Vacancy −$10.9k −$2.74
    EGI $74.7k $18.86
    − OpEx −$18.7k −$4.71
    NOI $56.0k $14.14
    3,960 SF · lease $21.60/SF/yr · vacancy 12.70% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $800.1K
    $700.1K – $933.4K (±1% cap)
    NOI $56,005 @ 7.0% cap · market cap 8.30%
    Second Best
    Retail
    $622.3K
    $544.5K – $726.0K (±1% cap)
    NOI $43,559 @ 7.0% cap · market cap 6.45%
    Theoretical Best
    Warehouse
    $3.36M
    $2.94M – $3.93M (±1% cap)
    NOI $235,536 @ 7.0% cap · market cap 34.90%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Princeton Equity, LLC Financial Advisor Joann Parisi, Hunt ... Real Estate Agency Anne Smith, Hunt ... Real Estate Agency HUNT Real Estate ... Real Estate Agency Debbie West, Hunt ... Real Estate Agency

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Lewiston
    County
    Niagara
    State
    New York
    Longitude
    -79.0382201
    Latitude
    43.1727754

    FAQs

    What type of property is this?
    Office units - Updated commercial building in Lewiston's business district.
    Where is this office units located?
    The property is located at 716 Center St Lewiston, NY.
    What is the asking price?
    The asking price for this property is $674,900.
    What are key features of this property?
    This property features: Prime location on Center Street in the heart of the Village of Lewiston business district.; Two‑unit commercial building with income potential from existing tenant in Unit One.; **Fully updated and move‑in ready condition.**
    More about this property
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