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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.
See Brochure under Documents. Property is offered as an investment or Owner Occupant. 4 Tenant Spaces + a 44 car parking garage. Currently 2 of the spaces are leased to stable long term Tenants. Available space for owner occupant or new end user is about 13,000sf at 200 North Duke Street, plus 3,500sf Firehose retrofitted for retail use at 202 N Duke Street. Additionally there are a few large offices on the first floor of 39 East Chestnut Street that are available. Projected cap rate at full occupancy is 8.9%. Current NOI from the 2 tenants is a 4% cap rate at the $6.2mm sale price. 34,111+/- sq. ft. Total (not including garage). This building is 100% sprinklered, has heavy IT/data wiring, high efficiency HVAC systems, is ADA compliant and situated on the corner of Chestnut/Duke Streets with 2 adjacent public parking garages. Building was previously home to the Lancaster City Police Station and Firehouse before being developed into the office, services and retail center it is today. The available office space can be subdivided and offers several offices/conference rooms which are wired for projectors, open space with existing work stations, private restrooms, furnished break room, direct glass door entrance from Duke Street and direct Elevator access from first floor lobby & secure garage. 3-4 Additional parking spaces are located behind the building and are well suited for the Firehouse future occupant. Tours of the vacant space can happen with little notice. Occupied areas of the building require advance notice for scheduling.
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.
Formally the gorgeous Cherry Jubilee Restaurant, then a private club. This freestanding brick building is looking for a new owner with vision to make her grand once again. Property is in need of a total rehab. 2 Parking spaces come with the purchase of the building. Additional spaces negotiable.
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.
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.
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!
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
Commercial property close to Millersville University & Penn Manor High School: 8,430+/- sq. ft. single story building on 2.55 acres. Currently occupied by the Seller, Lancaster Emergency Services, the building offers office and garage/warehouse space. Office areas include full residential kitchen, 2 restrooms with showers, large open areas, training room, plenty of storage and admin space. The garage/warehouse features 4 automatic garage doors, floor drains, gas heat and sprinkler system. 28 parking spaces in the onsite paved parking lot. Plenty of electric - 400 amps (single phase) and a back-up generator (gas). Seller is relocating in January 2025 and is open to sale/leaseback or hold settlement upon move-out. Zoned R1 Low Density, current use is non-confirming. Seller will be adding a deed restriction prohibiting emergency services at this address. Sale includes two parcels (440-30740-0-0000 & 440-37924-0-0000) for a total of 2.55 acres. See documents for brochure and commercial information sheet.
Open House:
Thursday, 5/16 10:00-11:00AM
REAL ESTATE AUCTION featuring ON SITE and SIMULCAST ONLINE BIDDING! Online Bidding Opens - Tuesday, May 14, 2024. Live On Site Auction - Thursday, May 16, 2023 at 11:00 AM. List price is opening bid only. A $100,000 cashier's check deposit is required to bid. Triple net ground lease to WaWa, Inc., dated March 8, 1999. The current lease is in the second five-year extension period, running through June 2026, with an annual rent of $105,415.97 NNN. There are 5 remaining five-year options at increased rentals. The extension beginning 7/1/26 has an annual rent of $115,956.97 NNN. Tenant pays for all maintenance, insurance and annual real estate taxes.
Redevelopment site for sale consisting of 2.3 acres of land in Lancaster City with improved buildings. The zoning was successfully changed to Mixed Use recently which will allow for a potential density of 148 apartment units. Current income from existing use is $300,000 NOI approximately, which provides great income during plans for redevelopment. The site consists of a 3 story building which is currently a mix of office and industrial uses on the east end of the parcel, and a collection of industrial buildings on the west end of the parcel. Architectural renderings show a 104 unit apartment building on the west end which would call for the removal of industrial buildings. There are also plans for the renovation of existing buildings on the east end to accommodate an additional 44 units. The existing parking plan provides 126 parking spaces on site. A parking variance would be required to provide relief from the parking requirement of 1 space per unit. Contact listing agent for pro forma operating income and expenses.
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.
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.
Who has the passion and energy for the next great Restaurant and or Bar in Lancaster County?!?! Do you have the need to take your Restaurant, Convenient and or Grocery Store to the next level? Would you like to add a Million Dollar Revenue Stream by pairing your Food Menu or Store Selection with a Special Beer, Mixed Drink, Wine, or Cocktail Menu Item? If the answer is yes to any of these questions. Don't delay, give a call today!
DESIRABLE MANHEIM TWP PA RESTAURANT LIQUOR LICENSE. can be moved to other townships in lancaster county with permission of that twp. LICENSE #R12944
This represents a significant opportunity for a 114-year-old building that is exceptionally well-maintained. Situated at a prominent intersection in the charming town of Honey Brook Borough, the property boasts ample parking, a delightful backyard, and a shed currently utilized for landscaping purposes. The attached garage, previously utilized as a loading dock, adds to the property's versatility. Comprising approximately 2 floors and a total area of 3840 square feet, the building is zoned C60 Commercial. Presently accommodating retail, library, laboratory, and office spaces, it falls under the category of a Mixed Residential/Commercial building. The second floor features an apartment of considerable size, offering potential value to an owner-user. Having served as a commercial building for generations, this property reflects a legacy of meticulous care. Don't overlook this unique opportunity!
Welcome to professional office condo ownership! This Upper-Level Office Condominium is available immediately. Located within the Willowdale Crossing Center, this commercial suite features ADA Compliant restroom, an executive office, ceiling fans, kitchenette with dishwasher and built-in microwave, digital thermostat and mainly open layout. Elevator serviced. Ample on-site lot parking. Well-appointed in the professional/business area of Unionville, just north of Historic Kennett Square. Professional neighboring businesses include Hendrix Orthodontics, Medical Offices, Medical Specialty Product producers, Medical Specialists, Willowdale Children's Academy, and Dental Professionals. Unionville area features an award-winning school district, fine restaurants, cool coffee shops and bistros, professional services, Kennett Golf and Country Club and financial institutions. This is a great area for your business to grow and thrive.
- Prime Development Opportunity - Corner lot on highly trafficked State St - Full access at a signalized intersection - Directly across the street multiple new developments - C-2 Zoning allows for a variety of uses
Welcome to the perfect investment opportunity! This exceptional commercial property offers a unique blend of multiple rental apartments and commercial spaces, making it an ideal choice for savvy investors or aspiring entrepreneurs. Situated on a prime location, this property also comes with an additional parcel of 1.5 acres behind it (Tax ID# 0805038154), providing endless possibilities for expansion or development. With the additional parcel of 1.5 acres, you have the freedom to explore various development opportunities or expand your existing ventures. Whether it's creating additional rental units, constructing new commercial spaces, or implementing your own visionary project, this extra land is a valuable asset that amplifies the potential of this already remarkable property. Located in a highly desirable area right off Rt 40, this commercial property benefits from excellent visibility and accessibility. It enjoys a convenient proximity to major transportation routes, bustling commercial hubs, and a vibrant community, further enhancing its appeal. Future tenants or businesses will appreciate the ample parking space and the potential to establish their presence in a thriving location. Don't miss out on the chance to invest in this exceptional commercial property with 5 apartments, 2 small houses, 1 ice cream shop and 1 commercial space/store frontage and an additional parcel of 1.5 acres for further development. Also, has a billboard available as rental income. Contact us now to schedule a viewing and embark on this exciting journey of realizing your investment goals and expanding your commercial empire in a prime location!
For Sale - 8.4 acre farmette in Kennett Township with a large 1700's 2 story stone bank barn and 2 bedroom ranch house. Property is gently sloping with views of the West Branch of the Red Clay Creek and Parrish Trail Park. Horses or other large farm animals are permitted. Property can be subdivided, possible uses are single family or duplexes, and with conditional uses approval, townhouses, multi-family dwellings or Mobile Home Park. Check with Kennett Township for zoning requirements. Property is zoned RMHD - Residential Medium-High Density. Property is in Act 319, preferential tax assessment. See other listings for 109 Chandler Mill, 115 Chandler Mill and 117 Chandler Mill.
For Sale - 6.6 acre farmette in Kennett Township with 4-68 foot double mushroom houses, machine shed, storage shed and 2 bedroom ranch house. Property is gently sloping. Horses or other large farm animals and public stable are permitted and with special exception approval, kennel and veterinary clinic. Property can be subdivided, possible uses are single family and with conditional uses approval, Mobile Home Park. Check with Kennett Township for zoning requirements. Property is zoned SA - Specialized Agriculture. Property is in Act 319, preferential tax assessment. See other listings for 114 Chandler Mill, 115 Chandler Mill and 117 Chandler Mill.
What a great opportunity to own a beautiful property and setting. Existing building on 5 acres. Split zoning AG/B3. This property sits on a pasture like setting with amazing views/scenery. Property and building can be used for many uses. Approximately 3,300 sqft of space to use. Main room has seating for approximately 125 seats. Also has 3 separate room/offices and a large study/rec room. Full Kitchen with dishwasher, 6 burner stove, microwave. 3 zoned heating and central A/C. Kids area playground. Freshly painted and new high end vinyl plank flooring installed. Well maintained. Parking for 25+ cars. Good exterior appeal. Land large enough to have sports fields for additional rental income.
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