Rare opportunity to own a distinctive 6,264 SF mixed-use building in downtown Lockport's Historic District and Municipal Core. Built in 1936 as the Lockport Fire Department and later used as City Hall, the property has been modernized with updated electrical, HVAC, fire protection and passenger elevator. The existing layout lends itself well to an owner-user plus income-producing office suite strategy, with minimal reconfiguration required to create multiple rentable spaces. Proposed stabilized configuration includes a 1,235 SF street-level retail/office suite, additional main-floor office, five second-floor professional suites, and a 714 SF basement unit/storage area, supported by shared conference room, kitchen, restrooms, elevator and private rear parking. Projected stabilized rental income of $136,200 and NOI of $63,590 indicate an approximate 7.5 cap rate at the current asking price, subject to lease-up and buyer verification. Owner-user could occupy the main retail/office suite and lease the balance to balance occupancy costs, or a larger tenant could occupy the entire main level. C4 Downtown Commercial zoning supports a range of office, retail, service and other commercial uses. Strong State Street exposure with approximately 11,900 AADT.

Listing Courtesy of MRED as distributed by MLS Grid of Keller Williams Preferred Rlty



Based on information submitted to the MLS GRID as of 2026-10-15 07:50 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-10-15 07:50 PM UTC
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