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    954 Ridge Rd Lackawanna, NY 14218

    Sponsored
    For Lease
    Contact for pricing

    Prime Retail Space, High Visibility, Ample Parking

    Lot size:
    5,563 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5,563 square foot retail property located at 954 Ridge Rd, Lackawanna, NY 14218, presents a unique investment opportunity. Currently configured as a multi-tenant strip center, this property offers 4,164 square feet of immediately available space. The building sits on a 0.64-acre lot and provides 35 convenient parking spaces for customers and employees. Its prime location ensures high visibility and easy access for customers, making it ideal for a variety of retail businesses. The property boasts a well-maintained exterior with expansive windows, creating excellent curb appeal and showcasing the spacious interior. The existing layout offers flexibility for customization to suit individual business needs. Its strategic location in Lackawanna, NY offers convenient access to major roadways, connecting your business to a wider customer base within a thriving local community. This property represents a rare chance to establish or expand your business in a highly desirable and accessible location, poised for significant growth and success. The ample parking and high visibility make this an attractive option for businesses seeking a strong presence in the Lackawanna market. Don't miss this opportunity to secure a prime retail space in a vibrant community.

    Property Features for 954 Ridge Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,563 SF

    Unit(s) available at that property

    Space
    Suite B
    Size
    4,164 SF

    HighLights

    • Prime location at 954 Ridge Rd, Lackawanna, NY 14218.
    • High visibility retail space.
    • Ample on‑site parking (35 spaces).
    • Thriving local community with strong foot traffic.
    Property Profile Location Intelligence

    Current Use by Public Records

    Halleez: The Ultimate Sweet ... Dessert Shop Dancyn Inc Night Club

    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
    Lackawanna
    County
    Erie
    State
    New York
    Longitude
    -78.8160317
    Latitude
    42.8278423

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Retail Space, High Visibility, Ample Parking
    Where is this neighborhood center located?
    The property is located at 954 Ridge Rd Lackawanna, NY.
    What are key features of this property?
    This property features: Prime location at 954 Ridge Rd, Lackawanna, NY 14218.; High visibility retail space.; Ample on-site parking (35 spaces).
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    954 Ridge Rd Lackawanna, NY 14218
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    Lackawanna, NY 14218
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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
    954 Ridge Rd Lackawanna, NY 14218
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