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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.
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.
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 andinnovative ideas, the Kings Place Apartments is a 15-unit propertyset up for long term cash flow and appreciation. Units have beenthoughtfully designed to provide all the amenities tenants wany in anefficient and comfortable space. Each unit includes a washer & dryer,dishwasher, granite counters, luxury vinyl plank floors, tilebathrooms, gleaming white cabinets, stainless steel appliances, andmuch moreThe building has been outfitted with new electric, HVAC, plumbing,new doors, and upgraded hallways. There are 16 on-site parkingspaces, which are leased separately to tenants and neighbors. Theproperty has a detached "Carriage House" in the rear that is acomplete house with a 1 car garage, 3 bedrooms, and an open livingspace.The ground floor front has 2 commercial spaces. One is leased on a5-year initial term with options to Denim Coffee, a regional favoriteand established brand. The second space has a tenantlined up.Located in rapidly appreciating neighborhood of Lancaster City with future benefit from CRIZ programs.
Two (2) freestanding retail buildings located just off Route 23 in Leola. The buildings comprise a total of 29,380+/- SF and are situated on approximately 1.80 +/- acres. Additional square footage available onupper levels and outbuildings. Mixed-use zoning allows for many uses such as retail, daycare, medical/dental/professional offices and more.
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.
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.
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!
Redevelopment site for sale consisting of 2.3 acres of land in Lancaster City withimproved buildings. The zoning was successfully changed to Mixed Use recently whichwill 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 industrialuses on the east end of the parcel, and a collection of industrial buildings on the westend of the parcel.Architectural renderings show a 104 unit apartment building on the west end whichwould call for the removal of industrial buildings. There are also plans for the renovationof existing buildings on the east end to accommodate an additional 44 units. Theexisting parking plan provides 126 parking spaces on site. A parking variance would berequired to provide relief from the parking requirement of 1 space per unit.Contact listing agent for pro forma operating income and expenses.
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.
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.
Freestanding professional office building in a prominent location in the heart of Manheim Township. The building consists of 10,710 SF across three (3) levels including a 3,570+/- SF finished lower level. The main level consists of a mix of private offices and conference rooms, a lunchroom/open work space and lobby and reception areas. The second floor consists of an open bullpen with workstations. The lower level has open bullpen areas and a cafeteria/lunchroom. Each floor has its own restrooms and are served by an elevator. The entire building was renovated in 2012 and the overall condition of the building is very good.
Great high traffic location and is one of only 7 properties situated in between the eastbound and westbound lanes of Lincoln Highway in Gap with an average daily traffic count in excess of 15,000 vehicles per day. Large 1+ acre lot with plenty of space for parking and signage. Mixed Use Zoning permits many commercial uses with multi family residential options too. 2,120 SF building with ground level basement with garage door access. Currently leased on a month to month basis. First time on the market in over 22 years. Don't miss it!!!
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.
Meticulously maintained and cared for church and school facility set on over 25 acres just minutes from the Lancaster county and Chester county line. It's numerous classrooms , offices, and meeting rooms make this a turnkey property for an educational facility. It also boasts a 63'x75' auditorium that seats 300+, a 78'x108' gymnasium with full basketball court and 25' ceiling, locker rooms with showers, commercial kitchen and much more. The undeveloped acreage leaves plenty of room for expansion or space for outdoor uses. With currently over 180 parking spaces this property can easily handle a large event. See Sadsbury Township's zoning for permitted uses.
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.
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.
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.
Bring your business to this excellent, high visibility site! Zoned Community Service to allow for a wide range of commercial uses, this site will be a prime location for it's next owner. Located on Rt 30 between Lancaster and King of Prussia and the rest of the Philly suburbs, over 32,000 cars pass the site daily for maximum exposure and accessibility for your clients. Numerous national companies thrive in the immediate area, including Walmart, Home Depot, CVS, Wawa, Penn Medicine and many more. Piasecki's R&D facility and Chester County airport also add to the appeal of the location. Buy down the street from the thriving Houston Run industrial park at a significantly lower price, and get your own Rt 30 frontage! The 60% lot coverage allowed by right would allow for over 156,000 square feet of impervious surface for buildings, parking, etc. Among by right uses are contractor establishments, banks, retail centers, gyms, restaurants, medical centers, offices, and much more. The zoning ordinance is in the listing docs, potential buyers are encouraged to do their own due diligence as well. Don't miss this exceptional opportunity!
High visibility professional office space in Akron. 11 private offices, conference rooms, waiting area, kitchen, and ample parking. Approximately 5000 square feet, including a 2 bedroom apartment with separate that could remain as a residential apartment, or used as additional office space.
Great location - only 5 minutes to Route 222 at Brownstown. High daily traffic counts. Ideal location for small contractor or service business and ability to use space commercially and for offices.
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!
Commercial Investment Real Estate. Desirable east Ephrata location. Mixed use zoning. 6/10 Acre lot. Public sewer. Commercial building- 1 story 2516 SF, currently pizza/restaurant w/ seating for 60 and 36 macadam parking spaces. Also included is a separate all brick 1 story, 3BR house w/ 1560 SF (Rents for $1,700). Total of 4,080 SF total of both buildings. Residence and Commercial building totally upgraded. Commercial grade wiring, plumbing, heat etc.. "A Must See" to appreciate. Large variety of permitted uses. 3 to 5 yr. lease back if restaurant available.
Freestanding restaurant property with drive-thru in high profile location in Lititz. Offers indoor and outdoor seating for 200+ with a traditional dining room, bar area and two (2) outdoor patios. On-site parking for 120+. Includes the real estate, retail liquor license and all furniture, fixtures and equipment. Seller is open to selling the liquor license separately of the real estate and FF&E.
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