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170 East Ave 6,003 SF Office Building Lockport, NY 14094 $488,432 CAD ($81.36 CAD/SF)
INVESTMENT HIGHLIGHTS
- 24 parking spaces
- Ideal for a Law office, Insurance Office 6000 sq ft +/- Single Story
- 2 Blocks from the Lockport CBD
- Also available for lease $12 psf triple net.
EXECUTIVE SUMMARY
A single-story 5921 +/-sq ft office building on East Ave, close to the City of Lockport business district. The city is the Niagara county seat, with a population of 21,165 according to 2010 census figures, and an estimated population of 20,305 as of 2019. Its name derives from a set of Erie Canal locks (Lock Numbers 34 and 35) within the city that were built to allow canal barges to traverse the 60-foot natural drop (18 m) of the Niagara Escarpment. A mix of private offices and open bull pen area, approximately 45% of an acre of land with a parking lot holding approximately 24 cars.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
6,003 SF
Building Class
B
Year Built/Renovated
1958/2022
Price
$488,432 CAD
Price Per SF
$81.36 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,003 SF
Building FAR
0.30
Lot Size
0.46 AC
Zoning
R3 - R-3 allows residential and commercial use. The previous tenants were the Lockport Sun and Journal and the Niagara County Public Defender's office.
Parking
24 Spaces (3.99 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Air Conditioning
1 1
Walk Score®
Very Walkable (70)
PROPERTY TAXES
| Parcel Number | 290900-109-056-0001-012-000 | Total Assessment | $512,022 CAD |
| Land Assessment | $66,633 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $445,389 CAD | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
290900-109-056-0001-012-000
Land Assessment
$66,633 CAD
Improvements Assessment
$445,389 CAD
Total Assessment
$512,022 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
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170 East Ave
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