414 West Avenue, Lockport City, NY

$525,000

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3,936

Square feet

0.49

Acres

About 414 West Avenue

INVESTMENT OPPORTUNITY WITH MULTIPLE INCOME STREAMS IN LOCKPORT! 414 West Ave presents a unique opportunity to acquire a versatile commercial property with multiple avenues for generating income. The property currently offers a fully equipped convenience store and an attached laundromat, providing an investor with established business infrastructure and the potential to maximize revenue from multiple uses. The convenience store is equipped with freestanding coolers, a walk-in cooler and freezers, storage areas, and display cases, allowing a new owner to step into an operational setup without starting from scratch. Attached to the store is a laundromat featuring Speed Queen washers and dryers and a coin-operated payment system, creating an additional income-producing component under the same roof. Looking to expand the property's revenue potential? The site also offers the possibility of adding a gas station, subject to applicable approvals and the installation of new underground fuel tanks. A detached two-car garage provides valuable additional storage space and could offer another opportunity for income generation. The well-maintained building features a clean, attractive interior and exterior, along with more than 20 parking spaces to accommodate customers and support the property's various commercial uses. With a combination of convenience retail, laundromat income, additional garage/storage space, and potential future fuel sales, 414 West Ave offers investors multiple ways to generate and grow revenue from one property. A compelling opportunity for an owner-operator or investor looking to acquire a flexible commercial asset with significant income potential.

Features of 414 West Avenue

MLS® # B1716114
Price $525,000
Bathrooms 0.00
Square Footage 3,936
Square Footage 21344
Acres 0.49
Year Built 1900
Type Commercial Sale
Sub-Type Office
Status Active

Community Information

Address 414 West Avenue
Area Lockport-City
City Lockport City
County Niagara
State NY
Zip Code 14094

Amenities

Utilities Electricity Connected, Sewer Connected
Features Irregular Lot
Parking Spaces 20
Parking Surfaced
Garages Surfaced
Is Waterfront No
Has Pool No

Interior

Interior Concrete
Heating Gas, Forced Air
Cooling Central Air
Fireplace No
# of Stories 1
Stories 1
Has Basement Yes
Basement Partial

Exterior

Exterior Block, Concrete
Lot Description Irregular Lot
Roof Flat
Construction Block, Concrete

School Information

District Lockport

Additional Information

Zoning B3
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRed Door Real Estate WNY LLC
Contact Info716-578-0939

Listing Map

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