5314 Broadway ST, Lancaster, NY 14086
5314 Broadway ST, Lancaster, NY 14086
5314 Broadway ST, Lancaster, NY 14086
5314 Broadway ST, Lancaster, NY 14086
5314 Broadway ST, Lancaster, NY 14086
5314 Broadway ST, Lancaster, NY 14086
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$ 349,900
Est. payment | /mo

5,046 SqFt


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$ 349,900
Est. payment | /mo
Save

5,046 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 5,046 sqft

Price per Sqft $69

MLS Listing ID B1713629

Construction Status Existing

HOA Y/N No

Year Built 1890

Annual Tax Amount $7,632

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 59X84

Property Description

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.

Location

State NY

County Erie

Area Lancaster-Village-145203

Zoning Multi Use

Rooms

Basement Full

Interior

Heating Gas, Baseboard, Forced Air, Multiple Heating Units

Inclusions Building Only

Fireplace No

Exterior

Community Features Storm Drain(s)

Utilities Available Sewer Connected

Roof Type Architectural,Flat,Membrane,Rubber,Shingle

Total Parking Spaces 7

Building

Lot Description Rectangular, Rectangular Lot

Story 2

Sewer Public Sewer

Level or Stories Two

Construction Status Existing

Schools

School District Lancaster

Others

Tax ID 145203-104-190-0003-025-000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Perfect Place

Nearby Locations

GET MORE INFORMATION

Felix Vasquez
Felix Vasquez

Licensed Real Estate Salesperson

+1(917) 474-5126 | felixvasquezrealty@gmail.com

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5314 Broadway ST