55 Stevens St Lockport, NY 14094-4229
This exceptional 13,834 square foot Class B office building, located at 55 Stevens Street in Lockport, New York, is available for $595,000. Currently vacant, this property presents a unique opportunity for a variety of businesses. Previously operating as a bank branch, the building boasts a convenient drive-thru, a spacious first-floor waiting room, and a first-floor conference room. The second floor offers additional office space, and the building also includes an elevator and a secure vault. Adding to its appeal are two additional parcels totaling 2.54 acres, providing ample parking. Its strategic location off South Transit Road offers easy access to numerous amenities, including restaurants, gas stations, and retail plazas, making it highly attractive to both employees and clients. The property's versatile layout and prime location make it ideal for a bank branch, financial services firm, or other professional office uses. This is a turnkey opportunity to acquire a well-maintained building in a thriving area of Lockport, New York, within Niagara County, zip code 14094.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R2 · Lockport, NYCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.