50 Leo Pl Lackawanna, NY 14218
- Mixed-use properties
- 0.18 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 50 Leo Pl
- Year built
- 1910
- Lot size
- 0.18 lot acres
- Property type
- Mixed-use properties
Description
This exceptional mixed-use property presents a unique investment opportunity in the thriving heart of Lackawanna, New York. Situated on a generous 0.18-acre lot (139 x 59 feet, totaling 8,033 square feet), the property features a substantial 1,682 square foot garage with four bays. Its strategic location near the intersection of Ridge Road and South Park Avenue offers unparalleled accessibility and visibility, making it ideal for a variety of commercial ventures. The expansive lot provides ample space for expansion, additional parking, or outdoor storage, further enhancing its versatility. The property's existing structure, a well-maintained four-bay garage, offers immediate income potential or the foundation for a creative redevelopment project. Given its size and location, this property is well-suited for a range of uses, from automotive repair and storage to light industrial or even potential conversion into retail or office space, subject to local zoning regulations. The possibilities are numerous, making this a truly compelling investment prospect in a dynamic and growing community. The asking price of $169,900 represents a significant value for a property with such potential in this desirable location. Serious inquiries are encouraged.
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
- Lackawanna
- County
- Erie
- State
- New York
- Longitude
- -78.8246
- Latitude
- 42.82363
