125 Professional Pkwy Lockport, NY 14094
- Office buildings
- 3,087 SF
- 0.46 lot acres
Current Use by Public Records
- Brodsky Felice A / Attorney
- YBF Productions / Video Editing Service / Music Producer
- Swift & Swift, CPA's / Accountant / Accounting Firm
Property Details for 125 Professional Pkwy
- Year built
- 1993
- Lot size
- 0.46 lot acres
- Property size
- 3,087 SF
- Zone code
- B4
- Property type
- Office buildings
- APN
- 290900 123.08-4-19
- APU
- 29090012308419
Description
This exceptional investment opportunity presents a 6,174 square foot office park in Lockport, NY, comprised of nineteen single-story buildings situated on individual tax parcels. Built in 2002, the complex features a mix of executive, medical, and traditional office spaces, currently at approximately 50% occupancy. The buildings boast wood-frame construction with brick exteriors, asphalt shingle roofs, and either crawl spaces or full basements. Suite sizes range from a minimum of 848 square feet to a maximum of 12,300 square feet, catering to diverse tenant needs. Each building offers ample parking for employees and clients, and the entire complex benefits from multiple points of access. Lot sizes vary from 0.35 to 1.19 acres. The property's strategic location just north of Lincoln Avenue on Davison Road provides easy access to major roadways, including Transit Road, and is conveniently situated near Lockport Memorial Hospital and a wide array of retail amenities, restaurants, and hotels. Its proximity to Downtown Lockport, Niagara Falls (18 miles), and Buffalo (30 miles) further enhances its appeal. The seller is offering attractive financing options, including a potential three-month rent-free period with a two-year lease. This presents a unique opportunity to acquire a well-located, versatile office complex with significant upside potential. The property is zoned commercial and is ideal for a variety of professional uses.
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
- -78.6645
- Latitude
- 43.1569
- CBSA code
- 15380
- CBSA name
- BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA