421 2Nd St Youngstown, NY 14174
- Banks
- 2,450 SF
- 0.88 lot acres
Current Use by Public Records
- Banks
Property Details for 421 2Nd St
- Year built
- 1982
- Lot size
- 0.88 lot acres
- Property size
- 2,450 SF
- Property type
- Banks
- APN
- 293401 45.18-3-29
- APU
- 2934014518329
Description
This exceptional 2,450-square-foot retail storefront, located at 421 2nd Street in Youngstown, New York, presents a unique investment opportunity. Originally constructed in 1982 and extensively renovated in 2013, the property boasts a highly desirable single-tenant occupancy. The space is currently vacant and ready for immediate use. Its previous use as a bank branch provides a wealth of built-in features ideal for a variety of businesses. Key features include four teller stations complete with safes, a drive-thru station, secure vaults, safe deposit boxes, a manager's office, a break room, and ample work stations. The property is situated in Niagara County, New York, with convenient access to major transportation routes and a thriving local community. The building's 2013 renovation ensures modern amenities and a move-in ready condition, minimizing upfront capital expenditures. This turnkey solution offers significant potential for a wide range of retail ventures seeking a well-equipped and strategically located space in Youngstown, NY. The property's size and layout provide flexibility for customization to suit specific business needs. With its impressive features and prime location, this property represents a compelling opportunity for discerning investors and business owners alike. The zip code is 14174.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $235,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $370,000
- 6.5%
- $360,000
- 7%
- $305,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $330,000
- Geo Method
- $310,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $355,000
- Retail
- $355,000
- Mixed-Use
- $335,000
- Hospitality
- $310,000
- Educational
- $395,000
- Residential Income
- $360,000
- Energy
- $370,000
- Income-Based Land
- $300,000
- Food Service
- $345,000
Location Insight
- Map
- Local Demand
- City
- Youngstown
- County
- Niagara
- State
- New York
- Longitude
- -79.0487
- Latitude
- 43.2498
- CBSA code
- 15380
- CBSA name
- BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA