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    FOR LEASE
    Banks

    421 2Nd St, Youngstown, NY 14174

    2,450 SF 0.88 ac lot Built 1982
    Individually Owned 14-yr Hold Absentee Owner Free & Clear
    Property ID
    US63-1802352
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Banks
    Use group FINANCIAL BUILDING
    Year built 1982
    Total area 2,450 SF
    Lot 0.88 ac (38,148 SF)
    APN 293401 45.18-3-29
    UPID US63-1802352
    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
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    Owner & transaction history
    Niagara Bk First · 14 yrs held
    Niagara Bk First
    since 2012
    1 recorded transaction
    2012
    $320,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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