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201 W King Street,  Lancaster PA, 17603

(Active)
$995,000
|
7,670 sqft
|
MLS# PALA2047858
Last Updated: 5/14/2024 4:25 AM
Description for 201 W King Street Lancaster, PA 17603
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.
Price
$995,000
LANCASTER
7,670 (approx)
PALA2047858
Active
Description
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.
Listing Information
Property Type: Mixed Use, Business Opportunities, Other
0.08 Acres 7,670 (approx) 1850
Brick
Public
Public Sewer
Cable Available, Natural Gas Available
1 Total
Neighborhood
Room Information
Interior Features
Concrete
Oil
Exterior / Lot Features
Brick
Corner Lot
Driving Directions
N. Prince Street (Rt 222) to Right on W Orange Street. First Left on N Water Street. Property on right, corner of N Water Street and W King Street.
Financial Considerations
331-06843-0-0000
$10,094
Listing Price History

Lancaster Real Estate

Lancaster is located in Pennsylvania. Lancaster, Pennsylvania 17603 has a population of 61,412.

The median household income in Lancaster, Pennsylvania 17603 is $56,664. The median household income for the surrounding county is $68,791 compared to the national median of $66,222. The median age of people living in Lancaster 17603 is 40 years.

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Courtesy: Compass Real Estate, LLC
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
This content last refreshed on 5/14/2024 4:25 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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