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5314 Broadway Street

Lancaster, NY 14086
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Bed 4

Bed

Bath 2

Bath

SqFt5,046

Sqft

Acres0.10

Acre(Lot)

Solid three-unit investment property with good cash flows and plenty of upside! Located in the Village of Lancaster, this property is a great opportunity for an investor or handy owner-occupant looking to build equity and increase future income. The spacious upper apartment features three bedrooms, a formal dining area, and lots of living space. The updated lower apartment has one bedroom and an open living/kitchen area. The commercial space offers three suites, ideal for a small businesses. Three-phase electric provides additional business possibilities. Locate your business in one suite and rent the others or take it all, there are lots of options. Parking lot can accommodate up to 8 cars and just received a fresh coat of blacktop. Both apartments have new hot water tanks and the off ice space has a new furnace. Located on a high-visibility stretch of Broadway close to shopping, amenities and commuter routes. A great opportunity for a savvy investor!

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Detail Ic Property Details

Property Type : Residential

Price : $374,900

AD Id : 91122177

MLS Id : B1711514

Beds : 4

Lot Size : 0.10 Acre

Living Area Size : 5,046

Tax Amount : 7632.00

Year Built : 1890

County : Erie

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Has Basement: Yes Basement: Full, Walk-Out Access
  • Flooring Information

    Carpet, Laminate, Tile, Varies
  • Roofing Information

    Flat, Membrane, Rubber, Shingle
  • Interior Features

    Roof: Flat, Membrane, Rubber, Shingle Appliances: Gas Water Heater, Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Baseboard, Forced Air

  • Building Information

    Year Built: 1890 Building Area Total: 5046 Construction Materials: Brick, Wood Siding Stories: 2 Private Pool: No

  • Lot Information

    Lot Dimensions: 59X84 Main Square Feet: 0.1 Acres Lot Size Acres: 0.1 Lot Size Square Feet: 4356 Lot Description: Near Public Transit, Rectangular Lot

  • Listing Price Information

    Listing Price: $374900 Cash, Conventional

  • Tax Information

    Parcel Number: 145203-104-190-0003-025-000 Tax Lot: 25 Annual Tax: $7632

  • Parking Information

    Common, Other, Paved, See Remarks

  • Utility Information

    Sewer Connected, Water Connected
  • Location Information

    Direction: 5314 Broadway is located on the north side of Broadway near Aurora. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
16 Pleasant Avenue, Lancaster, NY, 14086 $335,000 6 2 1,928 0.16 Acre
25 Cotton Street, Lancaster, NY, 14086 $325,500 4 2 2,150 0.30 Acre
14 Grant Street, Lancaster, NY, 14086 $269,900 2 2 1,847 0.19 Acre
167 Laverack Avenue, Lancaster, NY, 14086 $200,000 3 2 1,819 0.20 Acre

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the New York State Alliance MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. 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 ByOwner shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright ©2026 New York State Alliance and participating MLS's - CNYIS, UNYREIS and WNYREIS. All Rights Reserved.

ByOwner last updated this listing 09/12/2026 @ 11:42

MLS: B1711514 LISTED BY: Stephanie Morgan, Perfect Place 716-655-4445 SOURCE: Western New York Real Estate Information Services (WNYREIS)

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