5314 Broadway Street Lancaster, NY $ 374,900
5314 Broadway Street
$ 374,900
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5314 Broadway Street

Lancaster, NY, 14086
$ 374,900
Bedrooms-- Baths-- Sq 5,046

Monthly Estimate*

$ 2,367

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Commercial Property for sale in Lancaster, NY

for $374,900. This 5,046 square foot building was built in 1890 on a lot size of 0.1.

Solid three-unit investment property with good cash flows and plenty of upside! Located in the Village of Lancaster, this property is a great opportunity for an investor or handy owner-occupant looking to build equity and increase future income. The spacious upper apartment features three bedrooms, a formal dining area, and lots of living space. The updated lower apartment has one bedroom and an open living/kitchen area. The commercial space offers three suites, ideal for a small businesses. Three-phase electric provides additional business possibilities. Locate your business in one suite and rent the others or take it all, there are lots of options. Parking lot can accommodate up to 7 cars and just received a fresh coat of blacktop. Both apartments have new hot water tanks and the office space has a new furnace. Located on a high-visibility stretch of Broadway close to shopping, amenities and commuter routes. A great opportunity for a savvy investor! Also listed under ml # B1711514 as a multiple unit property.

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Commercial Active

Price

$ 374,900

Property Type

Commercial

Taxes

$ 7,632

Style

Lot Size

0.1

Year Built

1890

Town/City

Lancaster

County/Region

Erie

MLS | Web ID

B1713629

Features
General
Sewer PublicSewer
Heating Gas Baseboard ForcedAir MultipleHeatingUnits
Utilities SewerConnected
Possession CloseOfEscrow
Roof Architectural Flat Membrane Rubber Shingle
Zoning Multi Use
School District Lancaster
Year Built 1890
Stories Count 2
Township Lancaster-Village
Levels Two
Community Features StormDrains
County Erie
Property Type CommercialSale
Status Active
City Lancaster
High School District Lancaster
Zoning Description Commercial
Number Of Units Total 0
MLS Area Lancaster-Village-145203
Lot Size Units Acres
Lot Size Square Feet 4356.0
Year Built Details Existing
Tax Annual Amount 7632.0
Property Condition Resale
Lease Considered Y/N No
Standard Status Active
Middle/Junior School District Lancaster
Elementary School District Lancaster
Tax Assessed Value 185000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 25
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Interior
Basement Full
Total Fireplaces 0
Total Stories 2
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Main Level Bathrooms 0
Total Baths 0
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Exterior
Lot Features Rectangular RectangularLot
Total Parking 7.0
Inclusions Building Only
Lot Size Area 0.1
Number of Buildings 1
Building Area Total 5046.0
Lot Dimensions 59X84
Lot Size Acres 0.1
Waterfront Y/N No
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Internal Only
Street Number 1 5314
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* Excluded Features
List By
Perfect Place

Broker

(716) 866-8101

Phone

Affordability Calculator

$3,003
Per Month
79%
21%
0%
Monthly Principal & Interest
$2,367
Monthly Property Taxes
$636
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
246444 Elementary School
246634 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/10/2026$374,900 Listed Price

Map


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5314 Broadway Street, Lancaster, NY, 14086 is a Commercial Property for sale at $374,900 with 5,046 sqft and a lot size of 0.1. 5314 Broadway Street was built in 1890. The property's zip code is 14086 which is in Lancaster, NY