Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1977
Sq.Footage
N/A
ICONIC PROPERTY in Downtown Lancaster for Owner-Occupant or Investment (projected 7% CAP Rate). This landmark 3-story brick building plus finished lower level features elevator access to all floors, direct interior connections to the Prince Street Parking Garage, expansive windows, private outdoor space by Binn's Park, indoor/outdoor atrium, custom upgrades, CAT 6 wiring, fob-secured access, auditorium and more. Ideally located one block from Penn Square in the heart of Lancaster City — walkable to the courthouse, Gallery Row, restaurants, hotels and entertainment. 99/100 Walk Score with signage exposure to over 20,000 vehicles per day. The building totals 77,294± SF (62,325± SF above grade) and is zoned CB1. Take advantage of the CRIZ tax, grants and loan incentives. Investor upside potential after lease-up at market rates. Alternatively, the flexible layout, first-floor retail potential and Class A finishes make it well-suited for an owner-occupant seeking a flagship headquarters in an unbeatable downtown location.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Heating YN
YES
-
Heating
Natural Gas, Central
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
-
View
City
Area & Lot
-
Lot Size(acres)
0.53
-
Property Type
Commercial Sale
-
Property Sub Type
Office
Price
-
Sales Price
$9,900,000
-
Tax Amount
154321.0
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Accessibility Features
Accessible Elevator Installed
-
Sewer
Public Sewer
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Location
County
LANCASTER
Elementary School
Middle School
High School
Listing Courtesy of Corinn E. Kirchner , PPM Real Estate, Inc.
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Owner, President, Investment Property Advisor
TheresaKehler
Call Theresa today to schedule a private showing.
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