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    FOR LEASE
    Retail space

    954 Ridge Rd, Lackawanna, NY 14218

    5,500 SF 0.85 ac lot Built 2007
    Entity Owned 19-yr Hold ~ Est. High Equity
    Property ID
    US63-1244661
    Property summary
    AI-generated overview

    This exceptional 5,563 square foot retail property located at 954 Ridge Rd, Lackawanna, NY 14218, presents a unique investment opportunity. Currently configured as a multi-tenant strip center, this property offers 4,164 square feet of immediately available space. The building sits on a 0.64-acre lot and provides 35 convenient parking spaces for customers and employees. Its prime location ensures high visibility and easy access for customers, making it ideal for a variety of retail businesses. The property boasts a well-maintained exterior with expansive windows, creating excellent curb appeal and showcasing the spacious interior. The existing layout offers flexibility for customization to suit individual business needs. Its strategic location in Lackawanna, NY offers convenient access to major roadways, connecting your business to a wider customer base within a thriving local community. This property represents a rare chance to establish or expand your business in a highly desirable and accessible location, poised for significant growth and success. The ample parking and high visibility make this an attractive option for businesses seeking a strong presence in the Lackawanna market. Don't miss this opportunity to secure a prime retail space in a vibrant community.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 2007
    Total area 5,500 SF
    Lot 0.85 ac (37,224 SF)
    Zoning code NC
    APN 140900 142.32-2-6.2
    UPID US63-1244661
    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
    Current use
    Occupant on record · Public records
    • Halleez: The Ultimate Sweet Spot Bakery Take-out & Catering
    • Dancyn Inc Nightclub DJ & Entertainment
    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
    Family Video Movie Club INC · 19 yrs held
    Family Video Movie Club INC
    since 2007
    3 recorded transactions
    2007
    $221,060
    1969
    1969
    Zoning & alternative use
    NC · Buffalo, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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