Technical
Financial
Distress signals
Property profile

780 Ctr St Lewiston, NY 14092

OFF-MARKET
Commercial real estate
Property ID
US63-5705432
8,948 SF 1.7 ac lot Built 1980
Individually Owned 17-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 14,129-square-foot medical office space is situated within the 25,000-square-foot Center Street Plaza in Lewiston, NY, a vibrant and historic village. Located in a Class B, two-story building constructed in 2021, this property offers a prime opportunity for medical practices seeking a prominent location. The suite is part of a larger complex featuring multiple tenants and boasts ample on-site parking with 92 spaces, along with convenient elevator access. The space is currently vacant and ready for immediate occupancy. Its strategic location on Center Street provides excellent street visibility and potential for outdoor patio space. The plaza's convenient proximity to the Niagara Scenic Parkway and Interstate 190 ensures easy access for patients and staff. Lewiston's thriving community offers numerous amenities, including restaurants, shops, and attractions, enhancing the appeal of this location. The area is known for its safety and proximity to Niagara Falls, Buffalo, and various recreational opportunities. This property presents a unique chance to establish or expand a medical practice in a desirable and well-connected setting. The building is one of three in the plaza, totaling over 55,000 square feet. The property is located in Niagara County, within the Lewiston submarket and Niagara Falls submarket cluster, with a zip code of 14092. The address is 780 Center St, Lewiston, NY, and a cross street is N Eigth Street.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1980
Total area 8,948 SF
Lot 1.7 ac (74,052 SF)
APN 292401 101.11-1-37.1
UPID US63-5705432

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

780 Ctr St Lewiston, NY 14092-1768
Lewiston metro Census 24401 BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$742k
Blend (final) Blend
$1.03M

Owner & transaction history

since 2009
6 recorded transactions
2020
Price N/A
2009
$107,394
2009
$629,000
2009
$107,493
2005
$341,000
2005
$236,776

Zoning & alternative use

Top alternative use upside
Restaurant $755,000 +57.0%
Office building $620,000 +29.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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