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Listed price in listed location currency (USD).
$2,100,000

0020

MLS® B1666927

  • Key Facts
  • Description
  • Map

Key Facts

Type Industrial
Levels Commercial Sale
Size 51325 sqft
Garage No
HOA Fees 
Taxes $32,020
Days Active 0
Approx. Age 2001
Avg. Price Per Sqft $40
MLS® Number B1666927

Property Address: 491 Erie Street, Lancaster, NY, 14086

Average square foot calculated using Size range provided by listing agent.

Description

Hard to find flex space investment property on 3 acres in a highly desirable area! Built in 2001. 5 buildings totaling approximately 31, 500 sq ft. 18 total tenants... 16 suites, 1 tenant rents two storage containers, and 1 tenant rents outdoor space. Very long term and stable tenancies and zero vacancies. Currently being offered at a 7% CAP rate with monthly rents totaling $16, 662, rents could be much higher. Several units have offices and bathrooms. All units have suspended ceiling mounted unit heaters. The blacktop parking area was partially redone in 2025.
MLS® NumberB1666927
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2001
Stories1
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building Only

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 15, 2026List Date
$2,100,000List Price
  • Commute

Commute

Starting Address
Destination Address
491 Erie Street, Lancaster, NY

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