Rd Lockport, NY 14094
- Industrial properties
- 24,453 SF
- 1.02 lot acres
Current Use by Public Records
- Industrial properties
Property Details for Rd
- Year built
- 1875
- Lot size
- 1.02 lot acres
- Property size
- 24,453 SF
- Property type
- Industrial properties
Description
This exceptional Lockport, NY industrial property presents a significant redevelopment opportunity. Encompassing a substantial 24,453 square feet on a 1.02-acre lot, this offering includes three parcels: the main warehouse building at S Rd, and two additional properties at 63 South Transit Road and 40 State Street. The combined footprint significantly increases the property's value and provides extensive frontage (216 feet) along the high-traffic South Transit Road commercial corridor. The main warehouse building offers versatile space ideal for various uses. Its strategic location, just two blocks south of Main Street, ensures high visibility and accessibility. A unique feature is access to a tunnel connecting the property to the canal, traversing beneath State Street. This adds considerable potential for unique business ventures. The property's adjacency to the former Garlock's Restaurant site further enhances its appeal for retail development. Priced at $500,000, this property represents a compelling investment for developers seeking a prime location with substantial potential for growth and return. The combined parcels offer a rare opportunity to acquire a large, well-positioned property in a thriving commercial area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lockport
- County
- Niagara
- State
- New York
- Longitude
- -78.6967
- Latitude
- 43.1571
