This unique 3,400 sq ft mixed-use property, located just steps from the iconic OLV Basilica, presents an incredible opportunity for an established business owner looking to expand or an ambitious entrepreneur ready to launch their own venture. The lower level features a vacant bar/tavern space with excellent potential for a new concept, while the upper level offers a spacious and updated five-bedroom, two-bath apartment. Currently rented at $1,500 per month, the residential unit has strong potential for increased rental income. The property also includes a basement with locked storage, a private backyard with a patio, and a storage shed—perfect for added functionality and convenience. With its prime location, high visibility, and flexible layout, this property is ideal for a variety of uses—whether as a live/work space, an income-generating investment, or a second business location. Don’t miss out on the chance to own a distinctive and versatile property in one of the city’s most vibrant and historic neighborhoods.
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Property Details
Price:
$269,900
MLS #:
B1627917
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
MixedUse
Subdivision:
Buffalo Crk Reservation
Neighborhood:
lackawannacity140900
Listed Date:
Aug 5, 2025
Finished Sq Ft:
3,480
Total Sq Ft:
3,480
Lot Size:
3,007 sqft / 0.07 acres (approx)
Year Built:
1900
See this Listing
Schools
School District:
Lackawanna
Interior
Flooring
Carpet, Hardwood, Linoleum, Other, See Remarks, Varies, Vinyl
Heating
Gas, Forced Air
Exterior
Parking Features
Off Site
Roof
Asphalt
Financial
Taxes
$6,438
Map
Community
- Address2847 South Park Avenue Lackawanna NY
- SubdivisionBuffalo Crk Reservation
- CityLackawanna
- CountyErie
- Zip Code14218
Subdivisions in Lackawanna
Market Summary
Current real estate data for Commercial in Lackawanna as of Feb 05, 2026
12
Commercial Listed
156
Avg DOM
145
Avg $ / SqFt
$431,875
Avg List Price
Property Summary
- Located in the Buffalo Crk Reservation subdivision, 2847 South Park Avenue Lackawanna NY is a Commercial for sale in Lackawanna, NY, 14218. It is listed for $269,900
Similar Listings Nearby
Courtesy of Nichol City Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the New York State Alliance of MLSs. Detailed information about real estate listings held by brokerage firms other than Michael Paduano include the name of the listing broker. Neither the listing company nor Michael Paduano shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. New York State Alliance of MLSs. All rights reserved. 2847 South Park Avenue
Lackawanna, NY

