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    421 2Nd St Youngstown, NY 14174

    Sponsored
    For Lease
    $14 SF/Yr ($2,999 /Mo)

    2,450 SF Storefront, Ready to Occupy

    Lot size:
    2,450 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 2,450-square-foot retail storefront, located at 421 2nd Street in Youngstown, New York, presents a unique investment opportunity. Originally constructed in 1982 and extensively renovated in 2013, the property boasts a highly desirable single-tenant occupancy. The space is currently vacant and ready for immediate use. Its previous use as a bank branch provides a wealth of built-in features ideal for a variety of businesses. Key features include four teller stations complete with safes, a drive-thru station, secure vaults, safe deposit boxes, a manager's office, a break room, and ample work stations. The property is situated in Niagara County, New York, with convenient access to major transportation routes and a thriving local community. The building's 2013 renovation ensures modern amenities and a move-in ready condition, minimizing upfront capital expenditures. This turnkey solution offers significant potential for a wide range of retail ventures seeking a well-equipped and strategically located space in Youngstown, NY. The property's size and layout provide flexibility for customization to suit specific business needs. With its impressive features and prime location, this property represents a compelling opportunity for discerning investors and business owners alike. The zip code is 14174.

    Property Features for 421 2Nd St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,450 SF
    Total Rate
    2999.21

    Building Details

    Year Built/Renovated
    1982/2013

    Unit(s) available at that property

    Space
    Available Space
    Size
    2,450 SF
    Rate per SF
    $14

    HighLights

    • Direct lease with landlord.
    • Fully built‑out bank branch.
    • Central HVAC.
    • Kitchenette.
    • NNN lease.
    • Excellent condition.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Youngstown
    County
    Niagara
    State
    New York
    Longitude
    -79.0484829
    Latitude
    43.2497386

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    FAQs

    What type of property is this?
    Individual retail property - 2,450 SF Storefront, Ready to Occupy
    Where is this individual retail property located?
    The property is located at 421 2Nd St Youngstown, NY.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: Direct lease with landlord.; Fully built-out bank branch.; Central HVAC.
    Request Owner's contact information
    421 2Nd St Youngstown, NY 14174
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    Youngstown, NY 14174
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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
    421 2Nd St Youngstown, NY 14174
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