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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.
FORECLOSURE
This listing may be a bank owned (foreclosed) property.
| DAYS ON MARKET | 1 | LAST UPDATED | 6/26/2025 |
|---|---|---|---|
| YEAR BUILT | 1977 | COMMUNITY | Lancaster City (10533) |
| COUNTY | LANCASTER | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | SCHOOL DISTRICT OF LANCASTER |
|---|
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| AREA | Lancaster City (10533) |
| CONSTRUCTION | Brick |
| HEAT | Central, Natural Gas |
| LOT | 0.53 acre(s) |
| LOT DIMENSIONS | 0.00 x 0.00 |
| PARKING | On Street |
| SEWER | Public Sewer |
| TAXES | 154321 |
| VIEW | Yes |
| VIEW DESCRIPTION | City |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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