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$2,100,000
31 Days On Site
491 Erie StreetLancaster, NY 14086
For Sale|Industrial|Active
0
Beds
0
Total Baths
32,874
SqFt
$64
/SqFt
2001
Built
County:
Erie
Listing courtesy of Shannon L McNichol of Nichol City Realty (716) 480-8117
Call Now: 716-207-2994
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716-207-2994
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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.
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Listing Snapshot
Price
$2,100,000
Days On Site
31 Days
Bedrooms
N/A
Inside Area (SqFt)
32,874 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
3.09 Acres
Year Built
2001
MLS® Number
B1666927
Status
Active
Property Tax
$32,020
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| a month ago | Status changed to Active | |
| a month ago | Listing updated with changes from the MLS® | |
| a month ago | Listing first seen on site |
General Features
Acres
3.09
Additional Property Use
Warehouse
Building Features
LoadingDockOfficePrivateRestrooms
Cross Street
Pavement
Levels
One
Number Of Stories
1
Parking
CommonOn Site
Parking Spaces
20
Property Sub Type
Industrial
Sewer
Septic Tank
Special Circumstances
Standard
SqFt Total
32874
Utilities
Electricity Connected
Zoning
Industrial
Interior Features
Basement
None
Cooling
Flooring
Concrete
Heating
Natural Gas
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Exterior Features
Construction Details
Metal SidingOther
Lot Features
Rectangular Lot
Roof
Metal
Community Features
Financing Terms Available
Conventional
MLS Area
Lancaster-145289
School District
Lancaster
Township
Not Applicable
Schools
School District
Lancaster
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Shannon L McNichol of Nichol City Realty (716) 480-8117
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The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name.
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither the listing broker(s) nor shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © Last checked: 2026-04-15 10:07 AM UTC CNYIS, UNYREIS, WNYREIS. All rights reserved.
The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name.
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither the listing broker(s) nor shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © Last checked: 2026-04-15 10:07 AM UTC CNYIS, UNYREIS, WNYREIS. All rights reserved.
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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