6230 Shimer Dr, Lockport, NY 14094-6402
This exceptional investment opportunity presents a vacant 3,360 square foot restaurant building situated on a 1.6-acre lot at 6230 Shimer Drive in Lockport, New York. The property, built in 1995, is classified as a Class B retail space and is currently available for lease, with a three-year lease commencing October 1st, 2024. The asking price for the entire property is $720,000. Located in Niagara County, NY, with a zip code of 14094, this restaurant boasts a highly desirable location near Transit Road, benefiting from excellent retail amenities and strong demographics. The spacious layout offers significant potential for a variety of culinary concepts. The property's size and location make it an attractive proposition for both established restaurant operators and new ventures seeking a prime location in a thriving community. This is a rare chance to acquire a well-positioned restaurant property in a high-traffic area with significant growth potential. The vacant status allows for complete customization to suit the buyer's specific needs and vision. Serious inquiries are encouraged to explore this lucrative investment opportunity further.
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
B-1 · Lockport, NYLockport. Always verify with local authorities before improvements.
Costs & 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.