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.
|
DAYS ON MARKET
|
7
|
LAST UPDATED
|
3/15/2026
|
|
YEAR BUILT
|
2001
|
COMMUNITY
|
Lancaster-145289
|
|
COUNTY
|
Erie
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Commercial
|
|
|
| AIR CONDITIONING |
Yes |
| AREA |
Lancaster-145289 |
| BASEMENT |
None |
| CONSTRUCTION |
Metal Siding, Other |
| HEAT |
Natural Gas |
| HOA DUES |
Industrial |
| INTERIOR |
LoadingDock, Office, PrivateRestrooms |
| LOT |
3.09 acre(s) |
| LOT DESCRIPTION |
Rectangular Lot |
| LOT DIMENSIONS |
300X450 |
| PARKING |
Common, On Site |
| SEWER |
Septic Tank |
| STORIES |
1 |
| TAXES |
32020 |
| UTILITIES |
Electricity Connected |
| ZONING |
Light Industrial |
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Listing provided by: Shannon L McNichol, Nichol City Realty, 716-480-8117
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