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Investment Highlights
- Hard Corner With Stoplight
- Surrounded by National Brand Co-Tenancy
- Main Roadway Connecting Downtown Lockport (1.25 miles) to the I-355 Interchange (1.4 miles)
- Many Recent New Developments in the Area
Executive Summary
Hard corner with stoplight surrounded by national brand co-tenancy in the heart of Lockport's east retail corridor on 9th Street (AKA 159th Street & Route 7). 14,000 vehicles per day pass this site along 9th Street, which is the main artery connecting Downtown Lockport to the I-355 interchange (just 1.4 miles away). Close to 10,000 people live within a 1 mile radius. The property enjoys ideal visibility, and is directly across the street from McDonalds, Ace Hardware, Dunkin, and many other national retailers, banks and services businesses, including the post office, Planet Fitness, PNC Bank, US Bank, and many others.
This property is comprised of two separate parcels, both of approximately .39 acres, totaling .77 acres (33,541 SF). The western parcel incorporated in the City of Lockport, and is improved with a 4,684 SF restaurant building. The eastern parcel is currently unincorporated, and is improved with a single family home of approximately 3,000 (3-bed, 1-bath).
This property is comprised of two separate parcels, both of approximately .39 acres, totaling .77 acres (33,541 SF). The western parcel incorporated in the City of Lockport, and is improved with a 4,684 SF restaurant building. The eastern parcel is currently unincorporated, and is improved with a single family home of approximately 3,000 (3-bed, 1-bath).
Property Facts
| Price | $1,294,793 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Total Lot Size | 0.74 AC |
| No. Lots | 1 | ||
| Zoning | C-2 - Community Commercial | ||
| Price | $1,294,793 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.74 AC |
| Zoning | C-2 - Community Commercial |
1 Lot Available
Lot
| Price | $1,294,793 CAD | Lot Size | 0.74 AC |
| Price Per AC | $1,748,578.91 CAD |
| Price | $1,294,793 CAD |
| Price Per AC | $1,748,578.91 CAD |
| Lot Size | 0.74 AC |
This property is comprised of two separate parcels, both of approximately .39 acres, totaling .77 acres (33,541 SF).
1 1
Walk Score®
Very Walkable (75)
Property Taxes
| Parcel Numbers | Improvements Assessment | $240,661 CAD | |
| Land Assessment | $78,775 CAD | Total Assessment | $319,436 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$78,775 CAD
Improvements Assessment
$240,661 CAD
Total Assessment
$319,436 CAD
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1050 E 9th St
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