Lancaster, NY 14086,5400 Broadway ST

$475,000

$500,000

5.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

12,188 SqFt


SOLD DATE : 07/12/2021

Key Details

Sold Price $475,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Square Footage 12,188 sqft

Price per Sqft $38

MLS Listing ID B1307992

Sold Date 07/12/21

Construction Status Existing

HOA Y/N No

Year Built 1950

Annual Tax Amount $12,330

Lot Size 0.490 Acres

Acres 0.49

Lot Dimensions 256X165

Property Description

Available now is a fully renovated, free-standing building of about 12,188 sf (about 6,094 sf on each of two floors) with 30 car, paved parking. Hunt Mortgage has occupied the property since its purchase and renovation in 2007 but its business is relocating to the Brisbane Building in Downtown Buffalo. There is significant adjacent private public development planned by the Village and Town of Lancaster which will create a beautiful, walkable business neighborhood in this historic area. For lease at $50,000 per year absolute net.

Location

State NY

County Erie

Area Lancaster-Village-145203

Zoning new dev

Direction Village of Lancaster

Interior

Heating Gas, Forced Air

Flooring Carpet, Concrete

Fireplace No

Exterior

Utilities Available Sewer Connected, Water Connected

Roof Type Flat,Membrane,Metal,Rubber

Handicap Access Accessibility Features

Total Parking Spaces 30

Building

Building Description Metal Siding, Office

Story 1

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Metal Siding

Construction Status Existing

Schools

School District Lancaster

Others

Tax ID 145203-104-820-0001-013-000

Acceptable Financing Cash, Other, See Remarks

Listing Terms Cash, Other, See Remarks

Financing Other,See Remarks

Special Listing Condition Standard

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by HUNT Commercial Real Estate Corp. of Buffalo New York
Bought with Krumm Real Estate, LLC

GET MORE INFORMATION

Michael Paduano

Licensed Associate Real Estate Broker | License ID: 10301221928

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.