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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 32874 sqft
Garage 
Taxes $32,020
Days Active 30
Lot Size 
Approx. Age 2001
Avg. Price Per Sqft $63
MLS® Number B1666927

Property Address: 491 Erie St, Lancaster, NY, 14086-9596

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
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2001
BasementNone
DrivewayCommon, On Site, Surfaced
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 16, 2026List Date
$2,100,000List Price
  • Commute

Commute

Starting Address
Destination Address
491 Erie St, Lancaster, NY

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