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.
Listing By
Agency Name: Red Door Real Estate WNY LLC
Agency Contact: 716-578-0939
Shown By
Agency Title: MJ Peterson Real Estate
Agency Phone: (716) 688-1234
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414 West Avenue | MLS# B1716114
This commercial property located at 414 West Avenue, Lockport, NY 14094 is currently listed for sale with an asking price of $525,000. West Avenue is located within the Lockport school district. Search Lockport real estate on www.mjpeterson.com today.