Convenience Store with Canopy Fuel
For Sale
Contact for pricing
7195 Rapids Rd, Lockport, NY 14094
All-block convenience store with in-store pizza and subs plus branded fuel under a pump canopy.
Property Size2,200 SF
Lot Size0.24 Acres
Price / SF$227.27
Days on Market14
Property Features for 7195 Rapids Rd
General Information
Standard status
Active
Size
2,200 SF
Lot size
0.24 Acres
Property subtype
RETAIL
Additional Details
Business Included
Yes
Amenities
canopy
Building Details
Buildings
1
Construction
block
Listing Agency:
Hunt Commercial - Buffalo
(716) 913-7107
Listed By:
Ronald "Gunner" Tronolone · License #NY-30TR0558114
Source:
Moodyscre
Added: Jul 20
Changed: Jul 31
Last Checked: Aug 2 at 9:51AM
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 Commercial - Buffalo
Investment Insights
Based on property information with market context.
This convenience store, grocery, and fuel property at 7195 Rapids Rd, Lockport, NY 14094 features an all-block construction 2,200 SF building on a 24% acre site. The operation combines a convenience and grocery retail component with on-site branded fuel service.
The fuel offering includes Marathon-branded fuel supplied by Reid Petroleum, with a canopy over the pumps. The convenience store sells beer, tobacco products, essential grocery items, and fuel.
In addition to the retail and fuel, the property includes a pizza and sub sandwich component, Bernardi's Pizza and Subs, which has been in business since 1983.
The fuel offering includes Marathon-branded fuel supplied by Reid Petroleum, with a canopy over the pumps. The convenience store sells beer, tobacco products, essential grocery items, and fuel.
In addition to the retail and fuel, the property includes a pizza and sub sandwich component, Bernardi's Pizza and Subs, which has been in business since 1983.
Key Highlights
- All‑block 2,200 SF convenience store building on a 24% acre site
- Marathon‑branded fuel supplied by Reid Petroleum with a canopy over the pumps
- Convenience store sells beer, tobacco products, essential grocery items, and fuel
Financial Insights For Retail
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 | $39.6k | $18.00 |
| − Vacancy | −$5.0k | −$2.29 |
| EGI | $34.6k | $15.71 |
| − OpEx | −$10.4k | −$4.71 |
| NOI | $24.2k | $11.00 |
2,200 SF · lease $18.00/SF/yr · vacancy 12.70% · expense 30.00%
Alternative Uses
Best Use
Industrial
$1.54M
$1.35M – $1.80M
NOI $107,762 @ 7.0% cap · market cap 21.55%
Second Best
Retail
$345.7K
$302.5K – $403.3K
NOI $24,200 @ 7.0% cap · market cap 4.84%
Theoretical Best
Warehouse
$1.87M
$1.64M – $2.18M
NOI $130,853 @ 7.0% cap · market cap 26.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
25
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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 Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - All-block convenience store with in-store pizza and subs plus branded fuel under a pump canopy.
Where is this grocery and convenience store located?
The property is located at 7195 Rapids Rd Lockport, NY.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: All‑block 2,200 SF convenience store building on a 24% acre site; Marathon‑branded fuel supplied by Reid Petroleum with a canopy over the pumps; Convenience store sells beer, tobacco products, essential grocery items, and fuel
