The median home value in Lancaster, PA is $173,000.
This is
lower than
the county median home value of $249,900.
The national median home value is $308,980.
The average price of homes sold in Lancaster, PA is $173,000.
Approximately 42% of Lancaster homes are owned,
compared to 51% rented, while
6% are vacant.
Lancaster real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Lancaster real estate agent to arrange a tour today!
Learn more about Lancaster.
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.
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!
15 Unit Property - 13 Residential Units & 2 Commercial Units. 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.
Attractive 39,610 S/F 3/4 story Professional Office Building Available For Sale on 2.68 acres. Price, terms, and conditions subject to any renegotiation of master tenants current lease. Master Tenant may shrink current footprint or exit 12/01/2026, allowing for any new buyer/tenant use and occupancy . 2024 Projected NOI $571,570. 145 parking spaces. Owner Financing Available for qualified buyer. For more info contact - Michael Sheaffer at Bennett Williams Commercial
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!
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.
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
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.
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).
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!
DESIRABLE MANHEIM TWP PA RESTAURANT LIQUOR LICENSE. can be moved to other townships in lancaster county with permission of that twp. LICENSE #R12944
First floor commercial condo unit in "230 Professional Center". Unbeatable location along Harrisburg Ave between F&M College and Downtown Lancaster, just minutes to route 30 but still walkable in Lancaster City, with free onsite parking! Enjoy the benefits of condo ownership as a property manager handles things like snow removal, landscaping, cleaning of the common areas and repairs to the building. Signage along Harrisburg Ave to 14,000 cars per day. This space is raw with plumbing rough ins and ready for for your build out - design your floor plan to maximize the sq. ft! The condo purchase includes a storage room in the lower level of the building. See Brochure under Documents. 2023 Condo Fee is $979.94/month and includes everything except unit electric and taxes. Seller is occupying and will vacate for settlement. Can be combined with contiguous condo units for purchase, see brochure for details.
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.