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30949075
30949096

19 East Avenue, Lockport, NY 14094 For Sale

RT
NY NY-30TR0558114
HUNT Commercial
Listed by HUNT Commercial
$425,000
127 days on market
Updated 17 days ago
Opportunity zone

Former YMCA of Lockport NY

Details
APN 290900-109-014-0001-009-000
Property Type Retail
Sub Type Storefront, Adaptive Reuse
Square Footage 47,100
Tenancy Vacant
Price per SqFt $9
Broker Co-Op Yes
Class C
Year Built 1926
Buildings 1
Stories 3
Acreage 0.380
Zoning B-2
Parking Spaces 0 spaces
Investment Type Redevelopment

Adaptive re-use opportunity

Marketing description

Located in the heart of the Downtown Lockport Business District this property is a rare adaptive-reuse opportunity for redevelopment. This former YMCA building is vacant and ready for a redevelopment project. The lay out of the floor plates lend themselves to a variety of commercial, residential, or mixed-use programs. The property is well located in the heart of downtown among all the local amenities: municipal offices, existing revitalization projects, municipal parking lots, shops, retail and food service. This property is a great opportunity for investors or developers looking for a midsize rehabilitation project. Incentives are available depending on the project. Basement Swimming Pool 3200 sq ft.

The property can be updated in its current configuration and used for sports and recreation having a basketball court, 4 racket ball courts, locker rooms, a pool, shower and Sona etc. The property can also be redeveloped.

"The property is associated with a $500,000 Restore NY grant award through the Greater Lockport Development Corporation, intended to support a proposed $3,000,000 redevelopment of the site. Prior approved concepts included a mixed-use conversion with residential units and office/co-working space. Buyers are encouraged to conduct independent due diligence regarding grant status, requirements, approvals, and transferability."

Investment highlights

Historic former YMCA, rare adaptive-reuse opportunity for redevelopment

Great opportunity for investors or developers.

Listing Contacts

RT
NY NY-30TR0558114
HUNT Commercial
Listed by HUNT Commercial

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Additional Information

Name
Ronald "Gunner" Tronolone
License
NY-30TR0558114
Brokerage
Hunt Commercial Real Estate
Brokerage Phone
716-854-5943
Title
Real Estate Associate Broker
Brokerage Address
403 Main Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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