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    55 Stevens St Lockport, NY 14094

    Sponsored
    For Sale
    $595,000

    Prime Lockport location, 13,834 sq ft.

    Property size:
    13,834 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 13,834 square foot Class B office building, located at 55 Stevens Street in Lockport, New York, is available for $595,000. Currently vacant, this property presents a unique opportunity for a variety of businesses. Previously operating as a bank branch, the building boasts a convenient drive-thru, a spacious first-floor waiting room, and a first-floor conference room. The second floor offers additional office space, and the building also includes an elevator and a secure vault. Adding to its appeal are two additional parcels totaling 2.54 acres, providing ample parking. Its strategic location off South Transit Road offers easy access to numerous amenities, including restaurants, gas stations, and retail plazas, making it highly attractive to both employees and clients. The property's versatile layout and prime location make it ideal for a bank branch, financial services firm, or other professional office uses. This is a turnkey opportunity to acquire a well-maintained building in a thriving area of Lockport, New York, within Niagara County, zip code 14094.

    Property Features for 55 Stevens St

    General Information

    Property type
    Office space
    Square Feet
    13,834 SF
    Class
    B
    Lot Size
    110,642 SF

    HighLights

    • Bank branch for sale in Lockport, NY.
    • Includes two additional parcels providing ample parking.
    • Excellent S Transit Road location near restaurants, gas stations, and retail.
    • Suitable for bank branches, financial services, or professional offices.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lockport
    County
    Niagara
    State
    New York
    Longitude
    -78.7038916
    Latitude
    43.1648194

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    FAQs

    What type of property is this?
    Office space - Prime Lockport location, 13,834 sq ft.
    Where is this office space located?
    The property is located at 55 Stevens St Lockport, NY.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: Bank branch for sale in Lockport, NY.; Includes two additional parcels providing ample parking.; Excellent S Transit Road location near restaurants, gas stations, and retail.
    Request Owner's contact information
    55 Stevens St Lockport, NY 14094
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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
    55 Stevens St Lockport, NY 14094
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