5314 Broadway Street, Lancaster, NY 14086

New - 33 Hours Ago

20 Photos

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 8 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!

5314 Broadway Street | MLS# B1713629

This commercial property located at 5314 Broadway Street, Lancaster, NY 14086 is currently listed for sale with an asking price of $374,900. Broadway Street is located within the Lancaster school district. Search Lancaster real estate on blake-hitt.timberlandproperties.com today.

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Property Features

Property Type: Commercial - Business
Basement: Full
Heating: Gas, Baseboard, Forced Air, Multiple Heating Units
Lot Size: 0.10 Acres
Roof Type: Architectural, Flat, Membrane, Rubber, Shingle
Stories: 2.0
Taxes: $7,632
Year Built: 1890

Feature Descriptions

Community Features: Storm Drain(s)
Days on Site: 1
Lot: Rectangular, Rectangular Lot
Lot Dimensions: 59X84
Parcel#: 145203-104-190-0003-025-000
Sewer: Public Sewer
Utilities: Sewer Connected

Local Schools

School District: Lancaster

Demographics

Listed By / Shown By

Listing By

Agency Name: Perfect Place
Agency Phone: 716-655-4445

Shown By

Agent Name: Blake Hitt
Agent Phone: (607) 434-8219
Agency Title: Timberland Properties

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