Investment opportunity in Downtown Lancaster City across from the Lancaster County Convention Center and on the same block as the proposed Willow Valley Mosaic project. Located in the CB1 Central Business Core Zoning District, this fully leased property features two commercial spaces on the first floor and two large two-bedroom apartments - one on the second floor and one on the third. Both apartments are spacious, well maintained, and offer strong upside potential with their desirable layouts including living room, sitting/entrance room, dining room, storage/laundry room, and two bedrooms with a bathroom between. A private rear roof area presents additional possibilities, and the large basement provides ample storage. Commercial spaces utilize mini-splits with A/C. With long-term tenants in place, this turnkey property combines stability with upside opportunity in a prime, high-visibility downtown location just steps from the Marriott, Convention Center, Courthouse, Southern Market, Central Market, shopping, and dining. Don’t miss this rare opportunity.
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Listing Snapshot
Price
$895,000
Days On Site
109 Days
Bedrooms
4
Inside Area (SqFt)
5,160 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.05 Acres
Year Built
1915
MLS® Number
PALA2077480
Status
Pending
Property Tax
$13,559
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
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Recent Activity
3 months ago
Status changed to Pending
3 months ago
Listing updated with changes from the MLS®
4 months ago
Listing first seen on site
General Features
Acres
0.05
Foundation
PermanentStone
Number Of Stories
3
Parking
On Street
Property Sub Type
Quadruplex
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
5160
SqFt Total
5160
Style
Traditional
Utilities
Natural Gas AvailableElectricity Available
Water Source
Public
Zoning
CB1 CENTRAL BUSINESS CORE
Interior Features
Appliances
Electric Water Heater
Basement
Full
Cooling
Ceiling Fan(s)DuctlessElectric
Flooring
LaminateCarpetOtherVinylWood
Heating
ElectricNatural GasHot WaterRadiant
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Exterior Features
Construction Details
BrickStucco
Pool Features
None
Roof
Rubber
Community Features
MLS Area
Lancaster City (10533)
School District
SCHOOL DISTRICT OF LANCASTER
Schools
School District
SCHOOL DISTRICT OF LANCASTER
Elementary School
Unknown
Middle School
Unknown
High School
MCCASKEY CAMPUS
Listing courtesy of Berkshire Hathaway HomeServices Homesale Realty
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