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Lancaster,PA 17603
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Coming Soon
Purchase Type For Sale
Subdivision Downtown Lancaster
MLS Listing ID PALA2075726
Year Built 1915
Available Date 2025-09-17
Annual Tax Amount $13,559
Tax Year 2025
Lot Size 2,178 Sqft
Property Sub-Type Mixed Use
Property Description
Investment opportunity in Downtown Lancaster City across from the Lancaster County Convention Center and on the same block as the proposed Willow Valley Mosaic project. Located in the CB1 Central Business Core Zoning District, this fully leased property features two commercial spaces on the first floor and two large two-bedroom apartments - one on the second floor and one on the third. Both apartments are spacious, well maintained, and offer strong upside potential with their desirable layouts including living room, sitting/entrance room, dining room, storage/laundry room, and two bedrooms with a bathroom between. A private rear roof area presents additional possibilities, and the large basement provides ample storage. Commercial spaces utilize mini-splits with A/C. With long-term tenants in place, this turnkey property combines stability with upside opportunity in a prime, high-visibility downtown location just steps from the Marriott, Convention Center, Courthouse, Southern Market, Central Market, shopping, and dining. Don't miss this rare opportunity.
Location
State PA
County Lancaster
Area Lancaster City (10533)
Zoning CB1 CENTRAL BUSINESS CORE
Interior
Hot Water Electric
Heating Wall Unit,Radiator,Hot Water
Cooling Ductless/Mini-Split,Ceiling Fan(s)
Flooring Wood,Other,Vinyl,Luxury Vinyl Plank,Laminate Plank,Carpet
Inclusions Refrigerator in Apt #1
Exterior
Utilities Available Natural Gas Available,Electric Available
Water Access N
Roof Type Rubber
Building
Foundation Permanent,Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
High Schools Mccaskey Campus
School District School District Of Lancaster
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard