Outstanding owner financing opportunity! The owner is willing to hold the mortgage, making this a unique opportunity for an investor or business owner. This mixed-use property features a storefront ready for your business or available to lease for additional income. There are currently two month-to-month tenants paying $500 per month each, plus a spacious 2-bedroom apartment with a beautifully updated kitchen and bathroom. A full walk-up attic provides excellent storage, and the full basement offers additional space.
The large parking area accommodates approximately 10–12 vehicles, a rare find for a property like this.
While there is some deferred maintenance, the potential is undeniable. Whether you’re looking to expand your investment portfolio, operate your own business, or generate multiple income streams, this property offers endless possibilities.
The large parking area accommodates approximately 10–12 vehicles, a rare find for a property like this.
While there is some deferred maintenance, the potential is undeniable. Whether you’re looking to expand your investment portfolio, operate your own business, or generate multiple income streams, this property offers endless possibilities.
Property Details
Price:
$275,000
MLS #:
B1701999
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Apartment
Neighborhood:
lancastervillage145203
Listed Date:
Jul 27, 2026
Finished Sq Ft:
3,223
Total Sq Ft:
3,223
Lot Size:
10,454 sqft / 0.24 acres (approx)
Year Built:
1900
See this Listing
Schools
School District:
Lancaster
Interior
Heating
Gas, Baseboard, Wall Furnace
Levels
Two
Exterior
Construction Materials
Frame, Other
Lot Features
Rectangular, Rectangular Lot
Parking Features
Common, On Site, Surfaced
Parking Spots
12
Parking Total
12
Roof
Asphalt
Stories
2
Financial
Taxes
$4,976
Map
Community
- Address3481 Walden Avenue Lancaster NY
- CityLancaster
- CountyErie
- Zip Code14043
Subdivisions in Lancaster
Market Summary
Current real estate data for Commercial in Lancaster as of Aug 30, 2026
10
Commercial Listed
99
Avg DOM
114
Avg $ / SqFt
$1,098,280
Avg List Price
Property Summary
- 3481 Walden Avenue Lancaster NY is a Commercial for sale in Lancaster, NY, 14043. It is listed for $275,000
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Courtesy of HUNT Real Estate ERA. 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. 3481 Walden Avenue
Lancaster, NY

