Lancaster PA Commercial for Sale
- Type:
- Other
- Sq.Ft.:
- 1,800
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.1 Acres
- Year built:
- 1920
- Baths:
- MLS#:
- PALA2059148
ADDITIONAL INFORMATION
Seize this rare investment opportunity with a property featuring **five fully-rented storage units/garages**. Perfect for seasoned investors or those looking to enter the market, this income-generating property offers: - **Consistent Cash Flow**: All five units are currently occupied with reliable tenants, ensuring steady monthly income. - **Low Maintenance**: Storage units and garages typically require minimal upkeep, reducing overhead costs and maximizing profitability. - **Prime Location**: Situated in a high-demand area, these units cater to local residents and businesses in need of extra storage or secure parking. - **Flexible Investment**: The potential for rental rate increases or alternative uses such as workshops or small business spaces adds long-term value. With **stable occupancy** and a **high-demand asset type**, this investment property provides immediate returns and future growth potential. Donât miss your chance to add a solid performer to your portfolio!
$1,700,000
Address not provided Lancaster, PA 17602
- Type:
- General Commercial
- Sq.Ft.:
- 4,848
- Status:
- NEW LISTING
- Beds:
- n/a
- Year built:
- 1900
- Baths:
- MLS#:
- PALA2056514
- Subdivision:
- Downtown Lancaster
ADDITIONAL INFORMATION
Sale Type Investment or Owner User Building, Business & Real Estate Property Type Retail & Residential # of Apartments 2/ **Beautiful historic building with a long-standing business for sale is the perfect spot for your next investment venture! The business and building for sale with 2 rental units in a desireable location with high visibility and prominent signage. The possibilities are endless. *A signed NDA required for more information and proof of funds/financing required prior to all showings. **Please note: The location of the pinpoint on the MLS map does not reflect the exact location of the property. 48 Hour Notice requested for all showings, please!
- Type:
- Other
- Sq.Ft.:
- 1,000
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.03 Acres
- Year built:
- 1935
- Baths:
- MLS#:
- PALA2058556
ADDITIONAL INFORMATION
Investment Opportunity: Fully Rented Storage Units/Garages Seize this rare investment opportunity with a property featuring **five fully-rented storage units/garages**. Perfect for seasoned investors or those looking to enter the market, this income-generating property offers: - **Consistent Cash Flow**: All five units are currently occupied with reliable tenants, ensuring steady monthly income. - **Low Maintenance**: Storage units and garages typically require minimal upkeep, reducing overhead costs and maximizing profitability. - **Prime Location**: Situated in a high-demand area, these units cater to local residents and businesses in need of extra storage or secure parking. - **Flexible Investment**: The potential for rental rate increases or alternative uses such as workshops or small business spaces adds long-term value. With **stable occupancy** and a **high-demand asset type**, this investment property provides immediate returns and future growth potential. Donât miss your chance to add a solid performer to your portfolio!
$125,000
N 2600 Pike Lancaster, PA 17602
- Type:
- Business Opportunities
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1991
- Baths:
- MLS#:
- PALA2057936
ADDITIONAL INFORMATION
An established, turn-key, highly organized, well maintained, with top notch fixtures, furniture, and kitchen equipment, Pizza business and restaurant for sale in the conveniently located Kendiq Square Retail shopping center. Tremendous good-will was put into this pizza and restaurant as the owner has been here since 1994. And now someone has the opportunity to take over and continue the business and or add their own flair. Anchored by many great businesses and foot traffic such as Weis Markets, Harbor Freight, Dollar Tree, Banks, and many other popular Retail Stores. Traffic count hover around 13,000 car per day, while occupancy rates at this fantastic Retail shopping center location, consistently hover around 95%. There are roughly 130,000 people, having an average household income of almost $75,000, live within a 5 mile radius. Schedule a showing today!
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2024
- Baths:
- MLS#:
- PALA2056070
ADDITIONAL INFORMATION
Who has the passion and energy for the next great Restaurant and or Bar in Lancaster County?!?! Do you have the need to take your Restaurant, Convenient and or Grocery Store to the next level? Would you like to add a Million Dollar Revenue Stream by pairing your Food Menu or Store Selection with a Special Beer, Mixed Drink, Wine, or Cocktail Menu Item? If the answer is yes to any of these questions. Don't delay, give a call today!
$1,249,000
1004 Willow Street Pike Lancaster, PA 17602
- Type:
- Industrial
- Sq.Ft.:
- 5,700
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 2.9 Acres
- Year built:
- 2020
- Baths:
- 2.00
- MLS#:
- PALA2054018
ADDITIONAL INFORMATION
Bring your vision to this nearly new building, ideally located on the outskirts of thriving Lancaster City. A short drive from the major routes to Philly, Harrisburg and the surrounding areas, this will provide an excellent location for its new owners. Industrial/Mixed Use zoning allows for a wide range of uses including many types of manufacturing, trucking, excavation, contractors and much more-see the detailed list in the attachments. Recreational uses such as breweries, restaurants, gyms, gun ranges & many others are also permitted and could be greatly complemented by the adjacent Conestoga River, which could make for a beautiful, incredibly unique setting for the person with vision. With 5, 14' x 16' garage doors and 50'+ deep bays plus office and storage space, and an abundance of parking on the 2.9 acre lot there's lots of room for a small business to grow here. The building is insulated, with heat in place and AC in the offices, a high quality build that lends itself to a wide range of uses. The location offers excellent exposure on a main route exiting the city, presenting a significant opportunity for businesses that would benefit from increased visibility. The property is easy to tour, take this exceptional opportunity while it lasts!
$1,049,900
470 N Franklin Street Lancaster, PA 17602
- Type:
- Retail
- Sq.Ft.:
- 3,731
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.6 Acres
- Year built:
- 1955
- Baths:
- MLS#:
- PALA2053758
ADDITIONAL INFORMATION
Welcome to 470 N Franklin St, a turn key business waiting for its new owner. Sale includes both real estate and business. Currently licensed for a mechanic shop and a dealership, the ultimate car enthusiast's dream. Building has completely been updating with new exterior siding, a new roof and much more. This building offers two bays for general mechanical work, a bay for all things tire (alignment, balance, installation), a freshly remodeled dealer office and a paint room. Parking is not an issue here with over 50 spots available. This building is also licensed for a food truck and UHAUL for anyone interested in additional side income. Property is being sold with all inventory except the cars from the dealership. Schedule your tour today to see everything this gem has to offer!!
$6,200,000
200 N Duke Street Lancaster, PA 17602
- Type:
- Other
- Sq.Ft.:
- 34,111
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1954
- Baths:
- MLS#:
- PALA2050138
ADDITIONAL INFORMATION
See Brochure under Documents. Property is offered as an investment or Owner Occupant. 4 Tenant Spaces + a 44 car parking garage. Currently 2 of the spaces are leased to stable long term Tenants. Available space for owner occupant or new end user is about 13,000sf at 200 North Duke Street, plus 3,500sf Firehose retrofitted for retail use at 202 N Duke Street. Additionally there are a few large offices on the first floor of 39 East Chestnut Street that are available. Projected cap rate at full occupancy is 8.9%. Current NOI from the 2 tenants is a 4% cap rate at the $6.2mm sale price. 34,111+/- sq. ft. Total (not including garage). This building is 100% sprinklered, has heavy IT/data wiring, high efficiency HVAC systems, is ADA compliant and situated on the corner of Chestnut/Duke Streets with 2 adjacent public parking garages. Building was previously home to the Lancaster City Police Station and Firehouse before being developed into the office, services and retail center it is today. The available office space can be subdivided and offers several offices/conference rooms which are wired for projectors, open space with existing work stations, private restrooms, furnished break room, direct glass door entrance from Duke Street and direct Elevator access from first floor lobby & secure garage. 3-4 Additional parking spaces are located behind the building and are well suited for the Firehouse future occupant. Tours of the vacant space can happen with little notice. Occupied areas of the building require advance notice for scheduling.
- Type:
- Office
- Sq.Ft.:
- 1,242
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1960
- Baths:
- MLS#:
- PALA2048270
ADDITIONAL INFORMATION
Professional Condo for sale on E Grant Street. This condo enjoys two private offices and a large conference room. The unit is complimented by a professional office building setting within walking distance from the Courthouse and walkable distance to Lancaster City amenities on N Duke, E King and E Orange St's. This is a tremendous opportunity for ownership in a secure location that's supported by many other professional type users. Unit is accessible from an elevator off the natural lighted entry and has a shared kitchenette and restrooms.
$4,500,000
301 E Liberty Street Lancaster, PA 17602
- Type:
- Industrial
- Sq.Ft.:
- 67,000
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 2.3 Acres
- Year built:
- 1922
- Baths:
- MLS#:
- PALA2047158
ADDITIONAL INFORMATION
This site consists of a mixed use property with a 3 story building which is currently a mix of office and industrial uses on the east end of the parcel, and a collection of industrial buildings on the west end of the parcel. Most Industrial uses have drive ins, and a few have dock doors. Current income from existing use is $300,000 NOI approximately, which provides great income during plans for redevelopment. Most leases are on 1-2 year terms, allowing flexibility for redevelopment. Great opportunity for a redevelopment into self storage or apartments, with land consisting of 2.3 acres in Lancaster City with improved buildings. The zoning was successfully changed to Mixed Use recently which will allow for a potential density of 148 apartment units. Architectural renderings show a 104 unit apartment building on the west end which would call for the removal of industrial buildings. There are also plans for the renovation of existing buildings on the east end to accommodate an additional 44 units. The existing parking plan provides 126 parking spaces on site. A parking variance would be required to provide relief from the parking requirement of 1 space per unit. Self Storage is also a permitted use limited to 20,000 SF per parcel. Owner will consider seller financing for qualified buyers with a 30% down payment. Contact listing agent for pro forma operating income and expenses.
- Type:
- Other
- Sq.Ft.:
- 2,600
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.06 Acres
- Year built:
- 1878
- Baths:
- MLS#:
- PALA2044116
- Subdivision:
- Lancaster
ADDITIONAL INFORMATION
Formally the gorgeous Cherry Jubilee Restaurant, then a private club. This freestanding brick building is looking for a new owner with vision to make her grand once again. Property is in need of a total rehab. 2 Parking spaces come with the purchase of the building. Additional spaces negotiable.
$2,950,000
37-45 N. Duke Street Lancaster, PA 17602
- Type:
- Office
- Sq.Ft.:
- 30,008
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1880
- Baths:
- MLS#:
- PALA2041962
ADDITIONAL INFORMATION
A three parcel assemblage in downtown Lancaster; 37 N Duke St (332-56851-0-0000), 45 N Duke St (332-56082-0-0000) and 37 N Cherry St (332-64630-0-0000). are all included to total 30,008 SF that is currently a NNN lease by single Tenant Murray Insurance. This lease expires 9/30/27. There are 27 parking spaces included in the rear of the building. Charm and appeal through to properties, 37 was built in 1880, 45 in 1916 and 37 Cherry in 1941 and these periods are reflected in the finishes. Great location as it is walkable within a couple blocks to all of downtown, the vibrant retail, restaurants, pubs and entertainment. A must see for one who appreciates the detail the city curb appeal. Potential redevelopment for multi family or mixed use. Signed NDA required for financials that can be found under documents.
$1,390,000
1501 E King Street Lancaster, PA 17602
- Type:
- Other
- Sq.Ft.:
- 6,440
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.42 Acres
- Year built:
- 1741
- Baths:
- MLS#:
- PALA2030308
- Subdivision:
- Lancaster
ADDITIONAL INFORMATION
Lancaster County's long running and extremely successful Inn / Restaurant is ready for a new owner . . . Everything included/Turnkey Operation. Start operating immediately including all licenses (liquor & food service), all equipment and furniture, Top-of-the-line Commercial Kitchen, and good will. Gently tucked away on King Street in Lancaster, this property affords nearly 1.5 acres and scenic views are yours with the lovely creek side views. Many nice updates. Several rooms for cozy Interior Dining; Serving areas include nearly 150 inside & 120 on the exterior deck. , Large Bar Area plus Outdoor Deck Dining. This is a once-in-a-lifetime opportunity to own a piece of Lancaster County history!
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Lancaster Real Estate
The median home value in Lancaster, PA is $171,000. This is lower than the county median home value of $299,400. The national median home value is $338,100. The average price of homes sold in Lancaster, PA is $171,000. Approximately 44.03% of Lancaster homes are owned, compared to 50.48% rented, while 5.5% are vacant. Lancaster real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lancaster real estate agent to arrange a tour today!
Lancaster, Pennsylvania 17602 has a population of 58,034. Lancaster 17602 is less family-centric than the surrounding county with 29.45% of the households containing married families with children. The county average for households married with children is 32.04%.
The median household income in Lancaster, Pennsylvania 17602 is $54,145. The median household income for the surrounding county is $73,688 compared to the national median of $69,021. The median age of people living in Lancaster 17602 is 32.3 years.
Lancaster Weather
The average high temperature in July is 85.4 degrees, with an average low temperature in January of 21.3 degrees. The average rainfall is approximately 42.6 inches per year, with 20 inches of snow per year.