19 East Avenue, Lockport, NY 14094 | MLS #B1664186 | HUNT Real Estate
 
  • 122 days on site
  • 204 views

Located in the heart of the Downtown Lockport Business District this property is a rare adaptive-reuse opportunity for redevelopment Or use as a sports and recreation venue. 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. Basement Swimming Pool 3200 sq ft

Source: New York Alliance, MLS#: B1664186

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  • Property Type
    Commercial Sale
  • Lot
    0.38 acres

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Chip Murphy
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  • Median Age
    42
  • Population Density
    408
  • College Educated
    42%
  • Estimated Median Income
    $60,823
  • Estimated Total Home Owners
    14,947
  • Estimated Total Renters
    5,962
  • Owner / Renter Divide
    71% / 29%
  • Estimated Average Household Size
    2
  • Total Population
    49,792
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.