Established Commercial Building with
For Sale
$649,000
Pending
5055 Broadway, Lancaster, NY 14043
Commercial building with large parking lot and patio.
Property SizeContact for details
Lot Size0.64 Acres
Days on Market153
Property Features for 5055 Broadway
General Information
Standard status
Pending
Lot size
0.64 Acres
Property subtype
Commercial
Building Details
Year Built
1980
Listing Agency:
MLS Nation Realty, LLC
(716) 310-3102
Listed By:
Thomas J Mazzone · License #10491213404
(716) 310-3102
Source:
Elliman
Added: Mar 10
Changed: Jul 6
Last Checked: Aug 9 at 7:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MLS Nation Realty, LLC
Investment Insights
Based on property information with market context.
The property is an established commercial building that has been operating for over 45 years as a locally owned pizzeria. The sale includes the building and land. The property offers various business opportunities due to its location at the intersection of Broadway and Penora, which sees a traffic count of over 12,000 vehicles per day. It is located minutes from the village of Lancaster. The property features a large parking lot with over 50 parking spots and a covered patio area for outside dining, as well as a garage door for deliveries.
Key Highlights
- High‑traffic location at the intersection of Broadway and Penora with over 12,000 vehicles per day.
- Large parking lot with 50+ spaces.
- Owner financing available.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
528
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 14043, NY
24,962
Population
11,743
Households
2.1
Avg Household Size
45
Median Age
27%
College-Educated
94%
High-School Grad
9.1 sq mi
ZIP Area
2,743
Density / Sq Mi
$73,373
Median Household Income
$50,263
Median Earnings
$1,072
Median Rent
$192,800
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Commercial building with large parking lot and patio.
Where is this conventional restaurant located?
The property is located at 5055 Broadway Lancaster, NY.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: High‑traffic location at the intersection of Broadway and Penora with over 12,000 vehicles per day.; Large parking lot with 50+ spaces.; Owner financing available.
