5294 Broadway Lancaster, NY 14086
- Office Properties & Spaces
- 1,600 SF
- 0.16 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 5294 Broadway
- Year built
- 1985
- Lot size
- 0.16 lot acres
- Property size
- 1,600 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
This 1,600 square-foot vacant commercial property, located at 5294 Broadway in Lancaster, NY 14086, presents a fantastic opportunity. The building, constructed in 1985 and renovated in 2020, is classified as Class C and sits on a 0.16-acre lot. Currently configured as office space, it features four private offices/treatment rooms, a reception area, a waiting room with a half bath, storage space, and a private office with a full bath and rear access. The flexible layout allows for easy reconfiguration to suit various needs, as all interior walls are non-load bearing. The property boasts 15 parking spaces, offering ample convenience for clients and staff. Its prime location between Transit Road and downtown Lancaster ensures excellent visibility and accessibility. The building benefits from a 2003 roof replacement and regularly scheduled mechanical maintenance. Phase 1 and Phase 2 environmental assessments have been completed, confirming a clean site. Its proximity to major roadways, including Transit Road, the Buffalo Niagara International Airport, and the New York State Thruway (I-90), makes it highly accessible. The motivated sellers are seeking $309,900 for this property, representing a price per square foot of $193.69. This is a turnkey opportunity for businesses seeking a well-maintained, conveniently located space in a thriving area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lancaster
- County
- Erie
- State
- New York
- Longitude
- -78.6342
- Latitude
- 42.8982
