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LOCATION, LOCATION, LOCATION. Commercial/Residential!!! Located in the Heart of Downtown Lancaster, 26 N Water Street presents a Charming Prime Mixed Use Investment Opportunity! Perfect for a Business or a Rare Airbnb in the City (subject to local regulations). Just Steps away from Lancaster Central Market, Fulton Theatre, Gallery Row, Restaurants, and Boutique Shopping. The Location Offers Excellent Walkability, Strong Foot Traffic and High Visibility. The First Floor features a Commercial Storefront with Prominent Street Presence. Previously used as a Barbershop, Beauty Salon, Photography Studio, and Art Gallery. It has also served as a Guest House for Fulton Theatre Performers and Visitors. The Space is well suited for Retail, Professional Space, Studio, or Boutique Office Use. There is a Half bath and a Laundry area on this floor. It also has Great Potential to be Converted to a Studio Apartment or a Stylish Airbnb allowing a Unique Downtown Experience for Tourists. Perfect Opportunity to Own one of the few Airbnb's in the Downtown Vicinity. The Second and Third floors offer a Spacious One-Bedroom One Full Bath Residential Unit which can serve as an Owner-Occupied Residence or Generate Rental Income, including Potential Short-Term Rental Opportunities (subject to local regulations). Numerous Recent Upgrades include a Brand New Gas Furnace, New Hardwood Flooring on second and third floors, Updated Plumbing with PVC Sewer Line Replacement, Updated Faucets, Electrical Improvements, Fresh Interior Paint, New 1st Floor Washer/Dryer Combo, Inviting New Back Deck and Gate for added Privacy. Beautiful Stained Glass Windows and Lovely Details Throughout makes this a One of A Kind Property! An Ideal Opportunity for Investors, Entrepreneurs, or Owner-Occupants Seeking a Live/Work Property in Lancaster's Lively, Thriving Downtown District!
| DAYS ON MARKET | 0 | LAST UPDATED | 3/5/2026 |
|---|---|---|---|
| TRACT | NONE AVAILABLE | YEAR BUILT | 1875 |
| 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 | Forced Air, Natural Gas |
| LOT | 871 sq ft |
| LOT DIMENSIONS | 0.00 x 0.00 |
| PARKING | On Street |
| SEWER | Public Sewer |
| SUBDIVISION | NONE AVAILABLE |
| TAXES | 5140 |
| UTILITIES | Cable Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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