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    OFF-MARKET
    Office buildings

    158 Lk Shr E Dr, Dunkirk, NY 14048-1720

    1,750 SF 0.23 ac lot Built 1957
    Entity Owned Free & Clear
    Property ID
    US63-2890542
    Property summary
    AI-generated overview

    This 1,800 square foot office building, situated on a 0.23-acre corner lot in Dunkirk, NY, boasts a highly desirable location on heavily trafficked Route 5. The single-story concrete structure offers exceptional visibility and convenient access, with ample parking for at least ten vehicles. Recently renovated, the property features a brand new Liberty Low Slope roof (installed 2024) with a warranty, along with new gutters and a replaced basement floor. Interior improvements include new bathroom sinks and toilet, professionally waxed floors, new slatwall display panels, and a new front picture window (with insulated double-hung windows on the front face to be installed February 2025). The building is meticulously clean and ready for immediate occupancy. The versatile floor plan includes two half bathrooms, a small kitchenette, a private office, and three spacious rooms suitable for various uses, such as dance studios, yoga studios, or retail spaces. Additional features include a small basement with a utility room, two furnaces, and two central air conditioning units. Fire doors with crash bars and commercial electric are also present. The building's history includes use as a dentist's office, attorney's office, retail store, and dance studio, demonstrating its adaptability to a wide range of businesses. A rear yard provides additional space. This property presents a unique opportunity for businesses seeking a well-maintained, high-visibility location in a thriving area. The building is for sale, not for lease.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1957
    Total area 1,750 SF
    Lot 0.23 ac (9,840 SF)
    Zoning code R2
    APN 060300 79.11-2-38
    UPID US63-2890542
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Vgi Safety & Security LLC
    Vgi Safety & Security LLC
    since 2026
    3 recorded transactions
    2026
    $70,000
    2011
    $58,500
    2008
    $47,000
    Zoning & alternative use
    R2 · Dunkirk, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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