Retail Space
401-403 Central Avenue Dunkirk, NY 14048
Details & Description
Price: $195,000
    Originally designed as a bank in 1938, 401-403 Central Avenue has been home to many prominent banks over the years, including Marine Midland, HSBC, and First Niagara. Blueprints from a 2000 HSBC Bank redesign are available for review. A new owner could reopen the original atrium, and restore the space to its former glory as a restaurant, brew pub, retail, specialty market, credit union, or concert/ event venue.Dunkirk Central Business District, across street from City Hall. Three blocks from City Pier and Lake Erie waterfront.Four on-site parking spaces, plus ample free on-street parking.List Price $195,000 property being sold "As Is"Prospective purchasers are encouraged to provide a redevelopment plan, including:• Proposed use/s• Development team• Brief narrative of development concept• Development team experience• Financial capacity
    Property Highlights
     Bring your vision to a classic property ready for redevelopment. Potential uses include restaurant, brew pub, etc
     Brownfield Opportunity Area and Downtown Revitalization Initiative (DRI) Target Area
    Listing Agents
    Paula Blanchard

    O: 716-856-7107
    PaulaBlanchard@hannacre.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    401-403 Central Avenue

    Dunkirk, NY 14048

    Listing ID: 300195
    • 401-403 Central Avenue Dunkirk, NY 14048 | for Sale | Photo 1
    • 401-403 Central Avenue Dunkirk, NY 14048 | for Sale | Photo 2
    401-403 Central Avenue | for Sale | Thumbnail 1
    401-403 Central Avenue | for Sale | Thumbnail 2
    Building Size: 5,240 SF
    Lot Size: 0.230 AC
    Land Size: 10,018 SF
    Building $/SF: $37.21
    Land $/SF: $19.46
    Price
    $195,000
    Property Highlights
    Prime redevelopment opportunity in Dunkirk’s Central Business District
    5,240 sq. ft., two stories with atrium and basement on 65 x 153 ft corner lot
    High visibility at signalized intersection, across the street from City Hall
    Former circa 1938 brick bank building with atrium, vault, and drive-thru
    Brownfield Opportunity Area and Downtown Revitalization Initiative (DRI) Target Area
    May be eligible for DRI funding recently awarded to the City of Dunkirk
    Zoned Central Business District
    Four on-site parking spaces plus ample free street parking
    Bring your vision to a classic property ready for redevelopment. Potential uses include restaurant, brew pub, etc
    Description

    Originally designed as a bank in 1938, 401-403 Central Avenue has been home to many prominent banks over the years, including Marine Midland, HSBC, and First Niagara. Blueprints from a 2000 HSBC Bank redesign are available for review. A new owner could reopen the original atrium, and restore the space to its former glory as a restaurant, brew pub, retail, specialty market, credit union, or concert/ event venue.

    Dunkirk Central Business District, across street from City Hall. Three blocks from City Pier and Lake Erie waterfront.

    Four on-site parking spaces, plus ample free on-street parking.

    List Price $195,000 property being sold "As Is"

    Prospective purchasers are encouraged to provide a redevelopment plan, including:

    • Proposed use/s

    • Development team

    • Brief narrative of development concept

    • Development team experience

    • Financial capacity

    Attachments & Files

    Traffic Counts

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Buffalo History of Retail Space for Sale

    Loan and Amortization Calculator

    Listing Price
    Down Payment

    Loan Amount:
    Interest Rate:
    Term (months):

    Your Monthly Payment

    $0.00

    Total Principal: --

    Total Interest: --

    Total Cost: --

    Dunkirk Area Market Trends

    Listing Demographics for 401-403 Central Avenue Dunkirk, NY 14048

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population7,60519,80325,780
    Population Median Age393940
    Population by Age0-9 Yrs1003 (13%)1861 (9%)2315 (8%)
    10-19 Yrs835 (10%)3081 (15%)3763 (14%)
    20-29 Yrs934 (12%)3265 (16%)4158 (16%)
    30-39 Yrs1151 (15%)2230 (11%)2691 (10%)
    40-49 Yrs1034 (13%)2347 (11%)3089 (11%)
    50-59 Yrs889 (11%)2209 (11%)3159 (12%)
    60-69 Yrs1054 (13%)2594 (13%)3375 (13%)
    70+ Yrs705 (9%)2215 (11%)3230 (12%)
    Median HH Income$31,860$42,983$44,630
    Total Household Income< 24K1339 (39%)2439 (30%)3188 (30%)
    25-49K933 (27%)2027 (25%)2522 (23%)
    50-74K500 (14%)1299 (16%)1636 (15%)
    75-99K202 (5%)807 (10%)1080 (10%)
    100-199K426 (12%)1281 (16%)1865 (17%)
    200K+17 (0%)140 (1%)237 (2%)
    Highest Education LevelNo Diploma72612381467
    Diploma or GED218446036008
    Some College118022883091
    Assoc. Degree48714581978
    Bachelors Degree41316122183
    Higher Degree22714502198
    Total Housing Units3,7148,77111,649
    --Owner-Occupied1,7254,6496,431
    --Renter-Occupied1,6913,3444,096
    Owner-Occupied Values< 100K141928263400
    100-199K24813862195
    200-299K42309598
    300-399K464113
    400-499K0829
    500K+135796
    Total Working Age Population6,10616,79521,891
    In Work Force3,5349,08412,014
    Not In Work Force2,5727,7119,877
    Workforce Employed3,3508,56811,286
    Workforce Unemployed184516729
    Civlian Workforce3,5349,08412,014
    Military Workforce000
    Total Households3,4167,99310,527
    Family Households2,0194,7286,286
    Non-Family Households1,3973,2654,241
    Married Couple1,0342,9994,252
    Other Family9851,7302,034
    Married w/Child3709211,327
    Single Male w/Child153284316
    Single Female w/Child483749816

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    New York18,976,457+219,378,102+420,146,131+220,604,030
    Chautauqua County139,750-3134,905-6126,497-6119,116

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 401-403 Central Avenue in Dunkirk?
    The asking price for 401-403 Central Avenue is $195,000
    What is the building size of this Retail property in Dunkirk, NY?
    The size of the building/unit at 401-403 Central Avenue in Dunkirk is 5,240 square feet
    How much land does the Dunkirk, NY property at 401-403 Central Avenue include?
    401-403 Central Avenue in Dunkirk includes 0.230 acres of land
    What kind of Retail is the propery at 401-403 Central Avenue?
    The property at 401-403 Central Avenue Dunkirk, NY 14048 is listed as a Banking Retail property
    What is the population within 1 mile of 401-403 Central Avenue in Dunkirk?
    The population within 1 mile of 401-403 Central Avenue Dunkirk, NY 14048 is 7,605 people.
    Who do I contact for questions about 401-403 Central Avenue?
    You should contact the listing agent, Paula Blanchard, for any details regarding this commercial listing.

    Other Listings for Sale Nearby

    Address Price Sq Ft Acres
    10376 Bennett Road, Fredonia, NY $1,495,000 26600 1.4
    26 Water Street, Fredonia, NY $349,000 4200 0.2
    80 Water Street, Fredonia, NY $289,000 4888 0.62
    1277 New York 5, Silver Creek, NY $450,000 17163 1.28
    50 East Main Street, Westfield, NY $225,000 5405 0.21
    297 Buffalo Street, Gowanda, NY $110,000 2520 -
    6945 Erie Road, Derby, NY $495,000 4500 0.74
    67 Chautauqua Avenue, Lakewood, NY $550,000 2828 0.22
    975 Fairmount Avenue, Jamestown, NY CALL 113146 14
    119 West 3rd Street, Jamestown, NY $5,950,000 32673 0.58

    Closest Commercial Airports

    Airport Distance (mi)
    Buffalo Niagara International Airport (BUF) 44
    Erie International Tom Ridge Field (ERI) 51
    Greater Rochester International Airport (ROC) 95