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Rare opportunity for cooler and freezer warehousing. Equipped for food processing. Renovated in 2017. Tenant occupied through September 30, 2027 with average annual rent of $210,000. Lancaster County Location with less than 2 mile access to Rt. 283 and Rt. 30.
Professional Office Building with rare 12 off street parking spaces, plus located beside the King Street Garage! Within the Lancaster City's Central Business (CB) Zoning District - Explore the Possibilities. In the heart of downtown Lancaster, this property is located a short walk from many amenities, including the Marriot and Convention Center, Lancaster County Courthouse, Central Market, Shopping, and Dining. Features two front entrance doors, one to first floor office and the other to second floor office. Ideal Investment or Owner User Property. Current 1st floor plan has reception/waiting area, conference room, 4 privates offices, open work space, and 2 bathrooms. Second floor plan has reception/waiting area, conference room, 7 privates office, open work space, and 2 bathrooms. 3rd floor finished room and storage closet. Roof believed to have been replaced within past 5 years.
This stunning 27,000 square foot space is available in early 2024. Unit 40 at Christian Street Court starts with a beautiful reception lobby that connects directly to the historic atrium through an iconic stairway . There are a mix of private and open offices bountiful collaboration space and the ability to "customize" the space to your needs . Historic beauty and up to date design and technology are blended together in this downtown location and you even get to enjoy a large 700 square foot private rooftop deck with pergola 40 North Christian Street in Downtown Lancaster is 27,000 square foot space features has the latest in technology, video conferencing and Cat5e wiring throughout the space. It is designed with flexible open spaces and ample work stations to accommodate up to 100 employees. Christian Street Court is a mixed use Downtown development that was completed in 2001. It consists of retail on the first block of Queen Street and the office entering at grade from Christian and Grant Streets. Christian Street Court is listed on the National Park Service Registry of Historic Places and retains character and charm from the historic buildings. 40 N Christian has an exclusive, below grade, parking garage for 24 cars. There is also a metered lot on the Northeast corner of Grant and Christian Streets that provides short term parking for guests as well as five public parking garages within 2 blocks. Features 24 Hour Access Atrium Bus Line Controlled Access Property Manager on Site Restaurant Security System Signage Kitchen Roof Terrace Atrium Bicycle Storage Central Heating High Ceilings Natural Light Open-Plan Plug & Play Reception Outdoor Seating Air Conditioning On Site Pickleball Court Walker's Paradise" 99/100 walkability score on the Smart Location Calculator. Professional conference rooms and workspaces. Brand new buildout of the rooftop gathering terrace. Local restaurant on site and a half block from Lancaster's famous Central Market.
Prime Investment Opportunity: 11-Unit Property at 534 W. James Street, Lancaster, PA Discover an exceptional investment opportunity in the heart of Lancaster, PA, with this impressive 11-unit property located at 534 W. James Street. Situated in a vibrant neighborhood close to prestigious institutions such as F&M College and Lancaster Theological Seminary, as well as a plethora of dining, entertainment, and recreational options, this property promises not only lucrative returns but also a desirable location for tenants seeking convenience and culture. The Location: Convenience meets culture at 534 W. James Street. Nestled within walking distance to many great restaurants, coffee shops, and brew pubs, tenants will have easy access to Lancaster's culinary and social scene. Moreover, the property's proximity to Buchanan Park offers tenants a serene retreat for outdoor leisure activities. Within a short walk, residents can explore galleries, visit the historic Central Market, or enjoy an evening out at local brew pubs, making this location highly desirable for urban living enthusiasts. The Property: Boasting a mix of studio, one-bedroom, and two-bedroom units, this investment property caters to a diverse range of tenants, ensuring high occupancy rates and steady cash flow. Each unit is thoughtfully designed to maximize comfort and functionality. Safety and Compliance: Investors can rest assured knowing that the property is fully equipped with sprinkler systems for added safety, meeting the highest standards of fire protection. Additionally, the property is licensed by the City of Lancaster, ensuring compliance with local regulations and providing peace of mind to both owners and tenants alike. Income Potential: With its prime location and attractive unit mix, 534 W. James Street presents an exceptional income-generating opportunity for savvy investors. The property's proximity to academic institutions makes it particularly appealing to students and faculty members seeking off-campus housing. Additionally, the bustling neighborhood and array of nearby amenities ensure a steady stream of potential tenants year-round. Conclusion: Don't miss out on the chance to add this lucrative investment property to your portfolio. Whether you're a seasoned investor looking to expand your holdings or a first-time investor seeking a promising opportunity, 534 W. James Street offers the perfect combination of location, income potential, and safety.
Sitting at the corner of W King and N Water Streets, this commercial building offers a prime opportunity for redevelopment or owner occupancy. Situated within the CB Zoning District, it enjoys a strategic location in the heart of the city's commercial hub, with the added benefits of being in the CRIZ and LERTA tax zones. Despite its unassuming appearance, this three-story property holds immense potential. Currently occupied by a month-to-month daycare tenant on the first floor, the second floor sits vacant, while the top floor features a single apartment. With essential utilities in place and excellent proximity to Lancaster's downtown scene, this property presents a practical choice for investors or businesses looking to capitalize on its central position and favorable zoning.
207 W. King St. is a fully leased, 8-unit property consisting of a ground level commercial/retail unit, 2 apartments and 5 individually leased boarding rooms. Great downtown location less than a block from Fulton Theater, Lancaster Central Market and much more. Contact the listing team for financial details and more information.
Both locations are a well established business and are a great turn-key business. Both business locations can remain in the current leased retail space with a new lease from current landlord(s). Sales for both locations 2019- 441,509, 2020- 210,642, 2021- 391,347, 2022- 422,489 and 2023- 411,469. Please DO NOT use the showing desk to schedule showing. Must sign a NDA and schedule a time with listing agent because it is a confidential listing. Do not contact owner, or its employees.
DESIRABLE MANHEIM TWP PA RESTAURANT LIQUOR LICENSE. can be moved to other townships in lancaster county with permission of that twp. LICENSE #R12944
A well established and very successful tea room nestled in Lancaster County is for sale $198,000. (Business only/no real Estate) Boasting an exquisite taste in decor that is very warm and inviting offering a variety of speciality teas, delicious soups, salads, scones, tea sandwiches and more! Every visit provides a meticulous presentation allowing every guest to feel right at home! In fact, this tea room is topped the top 3 tea rooms on reviews and featured in a national acclaimed TV Show and Magazine! This business opportunity provides everything you need for a an afternoon tea time for two, or a special occasion gathering (bridal parties, baby showers, birthday's etc). Hosting parties will be a great experience with your family and friends with a memory that will last forever! It also allows for great growth for an all day cafe, or gathering place. This sale includes all the FFE. Buyer has the option to purchase sellers retail location (separate list price/contact listing agent for more details), also nestled in Lancaster County. Retail location offers a variety of high end and hand picked speciality teas with an extensive selection of blends that cater to every taste along with unique gifts and treats. If buyer buys the tea room only, the name of the business will not be available to assume. If buyer buys both locations (tea room and tea shop), buyer can assume the well established name and can continue to grow the business! Both locations are a well established business and are a great turn-key business. Both business locations can remain in the current leased retail space with a new lease from current landlord(s). Opportunity to join events in the town that the businesses are nestled in. Please note the google pin is not in current location for confidential reasons. Google pin is placed for general purposes and does not represent exact location. Tea room & Tea Shop is nestled in Lancaster County and all buyers and buyers agent must sign a NDA for information, directions, and details. This will not last long!
Desirable Lancaster City Restaurant Liquor License! Can be moved to other areas of Lancaster County with permission of that Township or Boro. License #R9390, LID #91991
A well established and very successful tea room nestled in Lancaster County is for sale $198,000. (Business only/no real Estate) Boasting an exquisite taste in decor that is very warm and inviting offering a variety of speciality teas, delicious soups, salads, scones, tea sandwiches and more! Every visit provides a meticulous presentation allowing every guest to feel right at home! In fact, this tea room is topped the top 3 tea rooms on reviews and featured in a national acclaimed TV Show and Magazine! This business opportunity provides everything you need for a an afternoon tea time for two, or a special occasion gathering (bridal parties, baby showers, birthday's etc). Hosting parties will be a great experience with your family and friends with a memory that will last forever! It also allows for great growth for an all day cafe, or gathering place. This sale includes all the FFE. Buyer has the option to purchase sellers retail location (separate list price/contact listing agent for more details), also nestled in Lancaster County. Retail location offers a variety of high end and hand picked speciality teas with an extensive selection of blends that cater to every taste along with unique gifts and treats. If buyer buys the tea room only, the name of the business will not be available to assume. If buyer buys both locations (tea room and tea shop), buyer can assume the well established name and can continue to grow the business! Both locations are a well established business and are a great turn-key business. Both business locations can remain in the current leased retail space with a new lease from current landlord(s). Opportunity to join events in the town that the businesses are nestled in. Please note the google pin is not in current location for confidential reasons. Google pin is placed for general purposes and does not represent exact location. Tea room & Tea Shop is nestled in Lancaster County and all buyers and buyers agent must sign a NDA for information, directions, and details. This will not last long!
Retail location offers a variety of high end and hand picked speciality teas with an extensive selection of blends that cater to every taste along with unique gifts and treats. Opportunity to join events in the town that the business is nestled in. Please note the google pin is not in current location for confidential reasons. Google pin is placed for general purposes and does not represent exact location. Tea Shop is nestled in Lancaster County and all buyers and buyers agent must sign a NDA for information, directions, and release of more details. Retail location offers the opportunity to purchase cafe for an additional $198,000 that is nearby and owner by the same owner. Both locations are leased and ready for the new owner! If buyer purchases the retail shop only, buyer can not assume the well established name. If buyer buys both locations- the retail shop and cafe, buyer can assume the name of the business. This business has been on TV and in a magazine and continues to flourish!
15 Unit Property - 13 Residential Units & 2 Commercial Units- Seller open to holding a second mortgage- see agent for details. Just off a top-to-bottom renovation that brought fresh and innovative ideas, the Kings Place Apartments is a 15-unit property set up for long term cash flow and appreciation. Units have been thoughtfully designed to provide all the amenities tenants wany in an efficient and comfortable space. Each unit includes a washer & dryer, dishwasher, granite counters, luxury vinyl plank floors, tile bathrooms, gleaming white cabinets, stainless steel appliances, and much more The building has been outfitted with new electric, HVAC, plumbing, new doors, and upgraded hallways. There are 16 on-site parking spaces, which are leased separately to tenants and neighbors. The property has a detached "Carriage House" in the rear that is a complete house with a 1 car garage, 3 bedrooms, and an open living space. The ground floor front has 2 commercial spaces. One is leased on a 5-year initial term with options to Denim Coffee, a regional favorite and established brand. The second space has a tenant lined up. Located in rapidly appreciating neighborhood of Lancaster City with future benefit from CRIZ programs.
Stop by and take a look at the exciting Lancaster City commercial property in the West End neighborhood! 354-356 West Orange Street is retail/warehouse property that combines the potential for many future commercial uses. The main parcel (354-356 W. Orange) is a retail storefront, inventory warehouse, and office space totaling 6,852 square feet. The secondary parcel is located at 34-36 North Charlotte Street and is a parking lot containing 8 parking spots for customer use, or additional rental income. The 1st floor storefront and warehouse has been used by a record/clothing store for many years, with consistent walk-in traffic. Large windows surround the building, proving plenty of natural light and visibility. One bathroom sits on the 1st floor, and a loading dock exists in the rear for deliveries. The second floor is currently inventory storage, with an additional office space, kitchenette/break room, and two bathrooms. Full length basement is used as more storage, with walkout entrance to Charlotte Street. With just a 3-block walk to downtown Lancaster City, this property offers endless potential for many exciting commercial concepts.
464-466 Manor St. is a fully leased, 11-unit property consisting of 4 apartments, 7 individually leased boarding rooms and private off-street parking. Great downtown location within easy walking distance from Fulton Theater, Lancaster Central Market and much more. Contact the listing team for financial details and more information.
Excellent opportunity in an excellent location! This commercial property is a turn key established automotive service garage. It includes two car lifts, welding machine, pipe bending machine, tire mounter and balancing machine, brake liner equipment, emissions testing equipment and more. There is a designated paint area for minor body repairs. Large off-street parking area. Plenty of storage. New windows, doors, HVAC and roof. There is a permitted large, loft style, 3-bedroom, 2 full bath apartment above the garage waiting for new owner to make the final finishes to live in or rent. Great Lancaster city location with high visibility and traffic. Schedule your showing today!
This property is going to onsite auction 5/8/24 at 6:00 PM and is being sold with reserve. LISTED PRICE IS ONLY A SUGGESTED OPENING BID, AND IS NOT INDICATIVE OF THE FINAL SALES PRICE WHICH WILL BE BY SELLER CONFIRMATION DAY OF AUCTION. Terms: Down payment of $20,000.00 required day of auction. Settlement on or before July 15, 2024. Transfer taxes to be paid by buyer. Real Estate taxes shall be prorated. Great opportunity to own a fully leased 5 unit in Ronks / Lancaster Area. There are 3-Efficiency apartments, (1) 1-bedroom/1 bathroom apartment, and (1) -2 bedroom/1 bathroom apartment with a common laundry area in the basement. The property is within close proximity to Amish Country and Lancaster City. Rents currently gross over $50,000 per year. The potential rents available in the area are greater than the rents that are currently being collected, which provides upside to a Buyer. The property is located close to retail, office, medical, and the population of Lancaster County.
1,035 SF medical office condo in an established medical office building. Seller operates the eye care practice and will deliver the property vacant. Call to schedule a tour.
Total Square Footage of Building is 1,000 +/- including : Garage 24' x 24'; Bathroom 5' x 3'; Hallway 13' x 6'; Office 19' x 11'; Storage 11' x 6'. Building presently leased to R & Y Auto Sales & Services. Preferred Showing Hours are: Monday through Saturday 9am-6:00pm. (Other showing times available upon request).
Investment opportunity to purchase building leased to Chesterbrook Academy. Tenant just signed a 10 year lease renewal effective March 1, 2024. Price reflects a 7.0% cap rate. Also See MLS #PALA2022002 for adjoining property sale information. Both properties can be purchased for $4,395,000.
Fantastic opportunity to own an income producing building with two possible rental units zoned C-2. There are two parcels included in the sale. 773 Manor St. (338-02483-0-0000) and 774 Crystal St. (338-98651-0-0000) The front unit has been rented to a national pizza chain for about 35 years. The lease is for $3027.77 per month. The tenant is also responsible for all utilities, taxes and repairs. The rear unit was rented to a daycare for $1500 until a few years ago. This figure was used in the total income that is listed. The front unit's lease will go month to month when it expires 4/30/24. Monthly payment will increase by 10% at that time. No sign on Property!
This is an exceptional opportunity to own a historic building in downtown Denver, PA. +/- 45,000 SF Industrial building 100% leased to UHURU, a Brooklyn based furniture design firm. 2.8 years remaining on the initial term. NOI $127,739, 6.5% CAP RATE!! Landlord pays property taxes and maintains exterior of the building and roof. Rent escalates 2.5% annually and Tenant has two 5-year renewals remaining. There was a substantial amount of money on building improvements. Upgrades to Sprinkler System, Central Heating Plant and Fire Alarm Systems. Painted inside and out 2016. Also includes parcel 1407224500000, parking lot on over 1 acre of land. Owners are licensed Pennsylvania Real Estate Salespersons.
Welcome to Auction Rd, where the prime location meets great investment opportunities! This commercial property is a savvy investor's dream, boasting multiple income streams and a strategic location near the Manheim Auto Auction. Currently generating $3,000 per month in rental income, this property consists of three distinct units, each contributing to the incoming cash flow. The upstairs 1-bedroom 1-bath unit rents for $800, the downstairs 3-bedroom 1-bath unit rents for $1,250, and the office space, complete with a working wood-burning fireplace and its own bathroom rents for $950. All leases are on a month-to-month basis, allowing the new owner the flexibility to adjust arrangements if needed. The limited commercial zoning, with a special exception for a car dealership, adds a layer of versatility to the property, while also being a great option for other various business ventures. Noteworthy is the fact that the property is parceled as two lots. The removal of an old home on lot 104 was necessitated by a collapsing basement wall, presenting the opportunity for new construction if desired on this lot as well. The opportunity to either purchase the entire property and use as one or develop the second plot enhances the investment potential. This is a strategic investment opportunity that guarantees immediate returns with existing tenants while also providing an excellent platform for a business to thrive given the proximity to the auto auction and other local business in the Manheim area. While also being positioned to capitalize on the constant flow of business in the area. Don't miss out on this exceptional opportunity â seize the moment while the sellers has a sudden opportunity out of state. They are selling 104, 116 Auction Rd that are great income properties for him as well as 26 Hart St in Manheim. If you are looking to expand your portfolio currently, don't miss the chance to explore this promising opportunity.
Excellent property in an ideal location currently leased to a quality tenant, River Rock Academy, on a triple net lease through 6/30/2030 + Tenant has one 5-year option. Price reflects a 6% cap rate (Est. NOI of $196,303.45). Lease includes annual CPI increases to base rent. The 15,277sf single story building is situated on a 3.2 acre, mostly impervious, site, with 192 parking spaces. Well maintained, fully sprinklered, gas heat and central air, covered outside patio area in the rear, 3 glass door entrances, nicely finished, windows in all perimeter walls and several interior rooms with glass and sidelights. NO SIGN ON THE PROPERTY. TENANT IS AN OPERATING SCHOOL WITH STUDENTS PRESENT DURING THE DAY. DO NOT VISIT THE PROPERTY DURING SCHOOL HOURS OR SPEAK WITH ANY STAFF. SHOWINGS MAY OCCUR MON-THURS STARTING AT 4:45PM.
Amazing investment opportunity in the heart of Manheim! Ability to rent out 28 to 30 units with 10-11% Cap Rate (including fix up cost & debt service).....Formally known as the Summy House, this historic property is comprised of two separate buildings on one parcel. The front building along Rt. 72 features 1 apartment in the basement, 3 commercial spaces on the 1st floor (formally the Sink Restaurant & Bar) and 2 office/studio spaces, the 2nd and 3rd floor was used as a residential boarding house with 19 bedrooms, 3 bathrooms, and 2 kitchens. In addition, a separate apartment built on rear of main building and an additional fully occupied 5-unit apartment building that sits along Wolf St. This is 1 of 2 boarding houses that owners have in Manheim. (See pro-forma of Washington House currently filled) These buildings have been cash cows for them with waiting lists to fill any vacancies. Main building is currently condemned from a fire and needs repaired before renting again to all units. Structural fire damage is contained to 2-3 bedrooms and some smoke damage throughout other parts of 1st and 2nd floor. The 1st floor and 3rd floor was virtually unaffected except for smoke smell. Rear parking lot has 15 parking spaces, with 2 additional spaces in front of the 5-unit building, for a total of 17 spaces. See supporting docs for repair costs, financial analysis, building layouts.....this will not last long, schedule your showing today!
