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    Lancaster, NY
    Flex Space

    Lancaster, NY Flex Space for Sale

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    Buffalo, NY Bowmansville, NY Lacombe, LA
    Flex Space Investment Opportunity
    Updated: Mar 23
    Flex Space Investment Opportunity

    491 Erie St, Lancaster, NY 14086

    $2,100,000
    31,500 sqft · 3.09 AC lot
    7% CAP rate with current monthly rents of $16,662.
    Zero vacancies and long‑term, stable tenancies.
    Flex space investment property with 5 buildings totaling approximately 31,500 sq ft on 3 acres.
    Located in a highly desirable area.
    18 total tenants across 16 suites, 2 storage containers, and outdoor space.
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    This listing looks promising.

    Here's a quick look at some key insights for

    491 Erie St, Lancaster, NY 14086

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    • Est. Cap Rate

      8.6%
      Above avg (5.9%)

    • Est. NOI

      $181K
      Annual

    • Mortgage

      $1.13M
      Recorded

    • Last Sold

      Dec 2009
      $1.35M

    • Property Type

      Warehouse, Storage
      Built 2001
    View Property Analytics
    19,000 SF Warehouse For Sale
    Updated: Apr 2, 2025
    19,000 SF Warehouse For Sale

    3160 Union Rd, Cheektowaga, NY

    $2,200,000
    19,000 sqft · 1.02 AC lot
    19,000 SF warehouse with flexible use: office, shop, and warehouse space.
    29' clear ceiling height suitable for various industrial operations.
    High traffic location, minutes from I‑90 expressway.
    Two 18' overhead doors for efficient loading and unloading.
    Ample parking with two entry points.
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Lancaster, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Office-Warehouse Flex Building
    Office-Warehouse Flex Building

    1783 Kenmore Ave, Tonawanda, NY 14150

    $675,000
    6,542 sqft · 0.36 AC lot

    Mixed-use office, warehouse, and workshop space with drive-in access and outdoor storage for service, storage, or light distribution.

    View details
    Tonawanda Industrial Property For Sale
    Tonawanda Industrial Property For Sale

    131 Fillmore Avenue, Tonawanda, NY 14150

    $1,500,000

    Three buildings on 2.8 acres near downtown Tonawanda.

    View details
    Cheektowaga Industrial/Flex Building For Sale
    Cheektowaga Industrial/Flex Building For Sale

    1850 Dale Rd, Buffalo, NY

    $984,000
    36,075 sqft · 1.94 AC lot

    38,800 SF industrial/flex building with value-add opportunity.

    View details
    Redevelopment Opportunity in Amherst Inducon
    Redevelopment Opportunity in Amherst Inducon

    120 Earhart Drive, Buffalo, NY 14221

    Contact for pricing

    Warehouse/office flex building for sale in a flex park.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Property in Rome, NY
    Commercial Property in Rome, NY

    7199 RIVER Road, Rome, NY 13440

    $590,000
    2.69 AC lot

    Commercial property for sale in Rome, New York.

    View details
    Aurora Industrial Land For Sale
    Aurora Industrial Land For Sale

    1100 South Chillicothe Road, Aurora, OH 44202

    $2,500,000
    25.00 AC lot

    25 acres of industrial land with frontage on State Route 43.

    View details
    Approved Industrial Development Lot
    Approved Industrial Development Lot

    771 RANGE END Road, Dillsburg, PA 17019

    $420,000
    4.49 AC lot

    4.49-acre industrial site approved for an 18,000 SF build with three loading docks and a drive-in door.

    View details
    Liberty Industrial-Commercial Land Parcel
    Liberty Industrial-Commercial Land Parcel

    16 Sheehan Rd, Liberty, NY 12754

    $339,000
    2.26 AC lot

    2.26-acre industrial-commercial parcel in Liberty's IC zoning district.

    View details

    Lancaster, NY Flex Space Market Trends and Statistics

    Explore 2 flex space for sale in Lancaster, NY on our real estate platform. These investment opportunities span a total of 50,500 square feet of properties for sale, with an estimated market value of $4,300,000.

    Sale prices for business spaces in Lancaster, NY start at $2,100,000, averaging $2,150,000, and reaching up to $2,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Flex space 5
    Manufacturing properties 3

    Demographics Overview

    Population 36K
    Population Growth (5Y) +9.2%
    Median Household Income $95,949
    College Educated 56.5%

    High-Yield Neighborhoods for Investment

    Identify Lancaster submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    14086 $2.1M

    Taxes & Financing

    Tax Rate (average for all types) 5.96%
    Tax Rate vs County Average 1.45 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Erie County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Erie County

    Residential Income

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