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114-116 W Chestnut Street

LANCASTER, PA 17603
  • $1,350,000
  • STATUS: Active
  • ON SITE: 53 Days
  • ID#: PALA2028940
UPDATED: 32 min ago
$1,350,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1870
County:

School Ratings & Info

School District:

Description

Commercial mixed-use development opportunity in a prime location! Located in Lancaster City's Central Business and Art Districts, currently a 5-unit retail/office building with lots of flexibility. Included are plans to develop 12 residential units, adding 2 stories to the building and keeping both retail spaces on the first floor. The units proposed will consist of 3 one bedroom units and 1 studio unit per floor. This location offers heavy foot traffic, is walking distance to all that downtown Lancaster City has to offer and just happens to be directly across from the PA College of Art & Design. Excellent access to the N. Water Street parking garage. This is a rare opportunity to own and develop a high profile building perfectly located between downtown Lancaster City and the highly desirable Chestnut Hill neighborhood.

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Unlimited. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-02-08T13:52:41.433.
www.thinkpahomes.com/homes/135475774
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114-116 W Chestnut Street LANCASTER, PA 17603

  • Price: $1,350,000
  • Status: Active
  • On Site: 53 Days
  • Updated: 32 min ago
  • ID#: PALA2028940
0
Beds
0
Baths
0
½ Baths
0.08
Acres
1870
Built
Neighborhood:
Lancaster City (10533)
County:
Lancaster
Area:
Lancaster City (10533)
School District:
School District Of Lancaster
Property Description
Commercial mixed-use development opportunity in a prime location! Located in Lancaster City's Central Business and Art Districts, currently a 5-unit retail/office building with lots of flexibility. Included are plans to develop 12 residential units, adding 2 stories to the building and keeping both retail spaces on the first floor. The units proposed will consist of 3 one bedroom units and 1 studio unit per floor. This location offers heavy foot traffic, is walking distance to all that downtown Lancaster City has to offer and just happens to be directly across from the PA College of Art & Design. Excellent access to the N. Water Street parking garage. This is a rare opportunity to own and develop a high profile building perfectly located between downtown Lancaster City and the highly desirable Chestnut Hill neighborhood.
Exterior Features

Construction Materials Brick Garage YN No Parking Types Public GarageOn StreetDriveway Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 0.00 Cooling Central A/C Exclusions Tenants' Belongings Heating Heat Pump(S) Heating YN Yes Net Square Feet 6500.00

Property Features

Acceptable Financing ConventionalCash Accessibility Features ChairliftRamp - Main Level Assessment Year 2022 Business Type Apartment BuildingHair Salon And SpaOther/General RetailProfessional Central Air YN Yes Cooling Fuel Electric Heating Fuel ElectricNatural Gas Available Hot Water Electric Municipality Lancaster City Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 802067666334 Ownership Interest Fee Simple Possession Settlement Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 14074.00 Tax Assessment Amount 377500.00 Vacation Rental YN No Water Source Public Zoning Central Business District

Listing courtesy of Home365: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Unlimited. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-02-08T13:52:41.433.
 
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Realty ONE Group Unlimited
415 N. Prince St. Ste.100
Lancaster PA, 17603