914 Center St Lewiston, NY 14092
- Investment properties
- 2,316 SF
- 0.28 lot acres
Current Use by Public Records
- Happy Tails Pet Spa / Pet Groomer
Property Details for 914 Center St
- Year built
- 1920
- Lot size
- 0.28 lot acres
- Property size
- 2,316 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 292401 101.11-2-31.1
- APU
- 292401101112311
Description
This exceptional 3,316 square foot commercial property at 914 Center Street in Lewiston, NY, presents a unique investment opportunity. Currently housing a successful salon and pet salon, this building offers high visibility and foot traffic on a vibrant street. The well-maintained structure boasts numerous updates, including newer windows and a tankless hot water heater. Its versatile interior layout is adaptable to various commercial uses, allowing for flexible workspace configurations. A significant advantage is the beautifully landscaped 0.27-acre lot featuring a park-like backyard with a gazebo. This tranquil outdoor space is a rare find for a commercial property, adding significant appeal. The property's strategic location near the Canadian border and Niagara Falls ensures high exposure to international tourism and traffic. Easy access to major highways and a thriving community further enhances its desirability. The sale includes the building and land
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $250,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $210,000
- 6.5%
- $215,000
- 7%
- $205,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $195,000
- Geo Method
- $215,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $230,000
- Retail
- $190,000
- Mixed-Use
- $225,000
- Hospitality
- $255,000
- Educational
- $240,000
- Residential Income
- $190,000
- Energy
- $245,000
- Income-Based Land
- $235,000
- Food Service
- $235,000
Location Insight
- Map
- Local Demand
- City
- Lewiston
- County
- Niagara
- State
- New York
- Longitude
- -79.0305
- Latitude
- 43.173
- CBSA code
- 15380
- CBSA name
- BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA