5055 Broadway Lancaster, NY ^$ 775,000

5055 Broadway

^$ 775,000

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5055 Broadway

Lancaster, NY, 14043

^$ 775,000

Bedrooms-- Baths-- Sq 4,530

Monthly Estimate*

^$ 4,835

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Commercial Property for sale in Lancaster, NY

for $775,000. This 4,530 square foot building was built in 1980 on a lot size of 0.64.

Come take a look at the many possibilities this property offers that's been established for over 45 yrs as a locally owned "Penora's" pizzeria. This sale only includes the building and land as the contents in the photos are for staging purposes only (some equipment is left). Not looking to open a pizzeria, this property offers many other business opportunities that could be a perfect location at the intersection of Broadway and Penora that has a traffic count of over 12,000 vehicles a day. Minutes from the village of Lancaster. Large parking lot with over 50+ available parking spots and covered patio area for outside dining as well as a garage door for deliveries.

Commercial Active

Price

^$ 775,000

Property Type

Commercial

Taxes

^$ 11,014

Style

Business

Lot Size

0.64

Year Built

1980

Town/City

Lancaster

County/Region

Erie

MLS | Web ID

B1646007

Features

General

Heating Gas ForcedAir

Utilities WaterConnected

Possession CloseOfEscrow

Roof Flat

Zoning C1

Construction Materials Other

School District Depew

Year Built 1980

Stories Count 1

Township Depew-Village

Levels One

Property Subtype Business

County Erie

Property Type CommercialSale

Status Active

City Lancaster

High School District Depew

Zoning Description Commercial

Number Of Units Total 0

MLS Area Depew Village-Lancaster-145201

Lot Size Units Acres

Lot Size Square Feet 27878.0

Year Built Details Existing

Tax Annual Amount 11014.0

Property Condition Resale

Lease Considered Y/N No

Standard Status Active

Middle/Junior School District Depew

Elementary School District Depew

Tax Assessed Value 310000

TaxOtherAnnualAssessmentAmount 0.0

Tax Lot 31

Property Sub Type Additional Business Office Retail Commercial

Exterior

Parking Features OnSite

Lot Features Rectangular RectangularLot

Water Source Public

Total Parking 50.0

Inclusions Land and Building

Lot Size Area 0.64

Number of Buildings 1

Building Area Total 4530.0

Lot Dimensions 170X165

Lot Size Acres 0.64

Waterfront Y/N No

Interior

Total Fireplaces 0

Total Stories 1

Heating Y/N Yes

Fireplace Y/N No

Main Level Bathrooms 0

Total Baths 0

Internal Only

Street Number 1 5055

* Excluded Features

List By

New York State Realty Llc

Broker

(716) 310-3102

Phone

Affordability Calculator

$5,753

Per Month

Monthly Principal & Interest: $4,835
Monthly Property Taxes: $918
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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

Trends
Schools

Commerical listings in Lancaster, NY

Average List Price ^$1,433,750

Percent of Sale Price 85%

About Lancaster, NY

44,738 Population

15% Since 2002

^$69,422 Median Income

43.78 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3038193 Elementary School

3038289 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/17/2025	$775,000	-22.49%	Price Down
10/20/2025	$999,900		Listed Price

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5055 Broadway, Lancaster, NY, 14043 is a Commercial Property for sale at $775,000 with 4,530 sqft and a lot size of 0.64. 5055 Broadway was built in 1980. The property's zip code is 14043 which is in Lancaster, NY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, powered by CNYIS. Real estate listings held by firms other than Weichert Realtors are marked with the IDX logo and detailed information about them includes the Listing Broker's Firm Name.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this site's owner shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

Fair Housing Notice (FHN)-https://www.dos.ny.gov/licensing/docs/FairHousingNotice_new.pdf

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5055 Broadway

Commercial Property for sale in Lancaster, NY

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