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55 East Ave and 80 Washburn Street 2 Retail Properties Offered at $2,616,091 CAD in Lockport, NY
INVESTMENT HIGHLIGHTS
- Two buildings in the heart of the City of Lockport
- Cubicle Office Furniture included
- Located in the Central business District
- Partial Lease Back of Bank Branch and Drive Thru
EXECUTIVE SUMMARY
We are offering two buildings in the heart of the City of Lockport (CBD) Central Business District. 55 East Ave a 32,718 sq ft building situated on the corner of East Ave and Washburn Ave. A two-story building with an additional fully built-out basement area complete with cubicle furniture. The building sits on a lot 164.44 x 184.8 approximately .79 of an acre. The building has 2 elevators and 2 vaults. This building was the former headquarters for Lockport Savings Bank and First Niagara Bank. Now occupied by Northwest Bank which is moving its Branch to a right-sized building site in the city. Tax #290900-109-014-0001-004-000 80 Washburn Street is a single-story building of approximately 15,462 sq ft which includes a full basement with an elevator and a portion of the building has 4 drive-through bays, on a lot 184.76 +/- x 288.37 +/- being irregular and approximately .99 of an acre. So the combined building area would be 48,180 +/- sq ft on 1.78 acres. Tax Id # 290900-109-014-0001-003-000
TAXES & OPERATING EXPENSES (ACTUAL - 2023) |
ANNUAL (CAD) |
|---|---|
| Taxes |
$88,703
|
| Operating Expenses |
-
|
| Total Expenses |
$88,703
|
TAXES & OPERATING EXPENSES (ACTUAL - 2023)
| Taxes (CAD) | |
|---|---|
| Annual | $88,703 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $88,703 |
PROPERTY FACTS
| Price | $2,616,091 CAD | Number of Properties | 2 |
| Price / SF | $54.30 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 48,180 SF |
| Status | Under Contract | Total Land Area | 1.69 AC |
| Price | $2,616,091 CAD |
| Price / SF | $54.30 CAD / SF |
| Sale Type | Investment |
| Status | Under Contract |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 48,180 SF |
| Total Land Area | 1.69 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 55 East Ave, Lockport, NY 14094 | Retail | 32,718 SF | 1968 | - |
| 80 Washburn St, Lockport, NY 14094 | Retail | 15,462 SF | 1969 | - |
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55 East Ave and 80 Washburn Street
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