18-24 Lake Shore Dr Dunkirk, NY 14048
This exceptional 1.9-acre waterfront property in Dunkirk, NY, presents a unique investment opportunity. Located at 18-24 Lake Shore Dr W, this site boasts 400 feet of water frontage overlooking Dunkirk Harbor and Lake Erie. The property is zoned C-1 (Tourism Commercial District) and H-1 (Harborfront Overlay District), allowing for diverse development options. Situated between Demetri's On-the-Lake Restaurant and City Memorial Park, this location benefits from its proximity to downtown Dunkirk's revitalization efforts. The site is included in the Dunkirk Strategic Plan and is slated to receive approximately $1 million in improvements through NYS Downtown Revitalization Initiative (DRI) funding. This makes it ideal for projects such as marina expansion, hotel development, or other commercial ventures catering to tourism and boaters. The property consists of two parcels, which can be purchased individually or together (see Dunkirk Marina, 30 Central Ave for reference). The property's APN is 79.01-1-25
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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