80 Park Ave
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80 Park Ave
1,748 SF Vacant Office Building Lockport, NY 14094 $150,000 ($86/SF)
Investment Highlights
- TWO-Unit office building
Executive Summary
FOR SALE: TWO-UNIT OFFICE BUILDING
Located directly across from the Niagara County Courthouse with PARKING! Perfect for a law firm, satellite office, or other private practice/solo practitioner. Formal waiting room on first floor, handicap accessible ramp, furnished offices complete with desk, chairs and legal size filing cabinets. Cosmetic updates including new carpet, new blinds, light fixtures, fresh paint, new toilets, vanity & alarm system. First floor currently rented to a law firm and on a year to year lease. Mediation services and local nonprofit on site as well and on a month to month lease. First floor has main reception area, meeting room/library with built-in shelves, large bathroom, office and private entry in back of building. 3 offices on the second floor with a second washroom.
Located directly across from the Niagara County Courthouse with PARKING! Perfect for a law firm, satellite office, or other private practice/solo practitioner. Formal waiting room on first floor, handicap accessible ramp, furnished offices complete with desk, chairs and legal size filing cabinets. Cosmetic updates including new carpet, new blinds, light fixtures, fresh paint, new toilets, vanity & alarm system. First floor currently rented to a law firm and on a year to year lease. Mediation services and local nonprofit on site as well and on a month to month lease. First floor has main reception area, meeting room/library with built-in shelves, large bathroom, office and private entry in back of building. 3 offices on the second floor with a second washroom.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$4,047
|
$2.32
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$4,047
|
$2.32
|
Financial Summary (Actual - 2023)
| Taxes | |
|---|---|
| Annual | $4,047 |
| Annual Per SF | $2.32 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $4,047 |
| Annual Per SF | $2.32 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
1,748 SF
Building Class
C
Year Built/Renovated
1878/1996
Price
$150,000
Price Per SF
$86
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
874 SF
Building FAR
0.33
Lot Size
0.12 AC
Zoning
483 - Converted Residential
Parking
6 Spaces (3.43 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Yard
- Air Conditioning
1 of 1
Walk Score ®
Very Walkable (75)
PROPERTY TAXES
| Parcel Number | 290900-109-061-0001-009-000 | Total Assessment | $105,000 |
| Land Assessment | $14,500 | Annual Taxes | $4,047 ($2.32/SF) |
| Improvements Assessment | $90,500 | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
290900-109-061-0001-009-000
Land Assessment
$14,500
Improvements Assessment
$90,500
Total Assessment
$105,000
Annual Taxes
$4,047 ($2.32/SF)
Tax Year
2023
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80 Park Ave
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