Lancaster Mixed-Use Investment
5476 Broadway Street, Lancaster, NY 14086
COMMERCIAL - Lancaster, NY
Property size:
9,856 SFLot size:
0.22 AcresPrice / SF:
$67/SF- Added:
- Mar 11, 2026
- Days on Market:
- 66
- Last Refresh:
- May 15 at 6:06 am
Property Features for 5476 Broadway Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Multi-Use2
- Rooms
- Basement
- Parking
- 10
- Parking features
- Paved or Surfaced
- Standard status
- Active
- APN
- 145203-104-830-0002-017-000
- Size
- 9,856 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Annual Amount
- 12783
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Hot Water(Heating), Natural Gas, Baseboard
- Water source
- Public
Building Details
- Year built
- 1920
- Floors in Building
- 3
- Number of units
- 9
- Flooring type
- Carpet, Vinyl, Linoleum
- Building materials
- Stone
- Roof type
- Asphalt
Listing agent Gary Greco Jr License #10401251303 (716) 208-5340
Listing office Gurney Becker & Bourne 976 Delaware Ave, Buffalo, NY (716) 849-1234
Listing date Mar 11, 2026
MLS# B1666229
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Mixed‑use property with retail and residential units in a desirable location.
- High‑visibility corner lot in the heart of Lancaster Village, near Central Ave amenities.
- Significant value‑add potential: convert 3rd floor into 2 rental units and rear lot into parking.
- Off‑street and garage parking for approximately 10 cars, plus an additional adjacent 7,000 sqft lot.
- Two retail storefronts (approx. 1,000 sqft each) currently operating as a cabinet showroom and a restaurant.
- Separate utilities for all units and newer electrical service and central air for front storefronts.
Overview
Located in the heart of Lancaster Village, at 5476 Broadway St, this mixed-use property offers an investment opportunity. The property is situated on a corner lot and comprises two buildings with a mix of retail and residential units. Off-street and garage parking are available to accommodate approximately 10 cars, with an additional adjacent lot along School St. The front building features two retail storefronts, each about 1,000 square feet, currently functioning as a custom cabinet and countertop showroom and a restaurant. The second floor contains four apartments, including two 2-bedroom units and two 1-bedroom units, with a third floor that has the potential to be converted back into two additional rental units. The rear building includes three apartments, one 1-bedroom and two 2-bedroom units, along with garage parking. The rear parcel, addressed as 9 School St, adds an extra 7,000 square feet of lot size that can be converted into additional parking. The property has Multi-Use2 zoning. The lot size is 0.22 acres. The property size is 9,856 square feet. All utilities across both buildings are separate, and all tenants are on month-to-month leases. The front building has newer electrical service and brand new central air units for storefronts.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Showrooms
Location Insight
- Map
- Local Demand
- City
- Lancaster
- County
- Erie
- State
- New York
- Longitude
- -78.667122
- Latitude
- 42.899872
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Mixed-use property in Lancaster Village with retail and residential units.
Where is this mixed-use property located?
The property is located at 5476 Broadway Street Lancaster, NY.
What is the asking price?
The asking price for this property is $669,000.
What are key features of this property?
This property features: Mixed‑use property with retail and residential units in a desirable location.; High‑visibility corner lot in the heart of Lancaster Village, near Central Ave amenities.; Significant value‑add potential: convert 3rd floor into 2 rental units and rear lot into parking.
