Here is an opportunity to purchase a mixed-use building in Manheim Township, Lancaster County PA - Building consists of five residential apartment units, commercial coin-op laundry facility and rented oversized garage - Laundromat is not currently in operation but most equipment is still on-site - Apartments and garage are all fully leased - This is a GREAT value add opportunity - Great location with high visibility for the laundromat - Income listed is ONLY for the residential rentals - You can earn $$$ from running/managing the laundromat, OR, rent it out as-is to another operator, OR, convert the space to another use... The options are YOURS!!!
Excellent opportunity for an operational autobody/mechanic business. Perfect location with a lot of exposure, as well as new construction of apartments going on right behind the business. This garage has two main doors for the mechanical work and the third door has a full paint booth. Lots of opportunity to make your dreams a reality. Schedule your showing today
An established, turn-key, highly organized, well maintained, with top notch fixtures, furniture, and kitchen equipment, Pizza business and restaurant for sale in the conveniently located Kendiq Square Retail shopping center. Tremendous good-will was put into this pizza and restaurant as the owner has been here since 1994. And now someone has the opportunity to take over and continue the business and or add their own flair. Anchored by many great businesses and foot traffic such as Weis Markets, Harbor Freight, Dollar Tree, Banks, and many other popular Retail Stores. Traffic count hover around 13,000 car per day, while occupancy rates at this fantastic Retail shopping center location, consistently hover around 95%. There are roughly 130,000 people, having an average household income of almost $75,000, live within a 5 mile radius. Schedule a showing today!
****Please contact Mick Kalata, listing agent prior to requesting a showing..****Come take a look at this corner 5-unit apartment building in downtown Lancaster City today! Well maintained, nice central location, and some room to improve to the next level. There are 3-(1-bedroom apartments), and 2-(2-bedroom) apartments in the building. All units are currently occupied by long-standing tenants, who would like to remain if possible. Each unit has been updated throughout the years with updated cabinetry, laminate flooring, newer paint throughout, and replacement windows. Great location near Musser Park, this property sits at the corner of East Orange Street and North Plum, with a quick walk to restaurants, breweries, coffee shops, all many other services that tenants will find attractive. Add this to your list of investment properties to check out in 2024!
Exceptional Opportunity in East Hempfield at Intersection of Running Pump Road and Columbia Avenue with over 17,000 daily vehicle count. This contemporary office/professional/medical building features +/- 16,624 SF with the potential for separate tenant spaces. The first floor features an ample waiting room with welcoming reception, office/exam/counseling rooms, a large bullpen area suitable for workstations or an open work environment, a 1272 SF mezzanine, rest rooms, and a break area. The lower level is at grade with windows on three sides and features an ample waiting area with welcoming reception, office/exam/counseling rooms, open collaboration workspace, and rest rooms. The outdoor space features 65+ illuminated parking spots with entrance/exit from both Columbia Avenue and Running Pump Road, and mature trees/landscaping. Donât Delay, Call and Schedule your Tour Today.
This unique property is situated in the commercially zoned area of East Hempfield Township, adjacent to new Penn State Health Hospital, across from Kellogg plant. It features a historic house and a large commercial building. The house is modern and well maintained, with a large basement and ground floor walkout, as well as a loft apartment over the garage. The commercial building features a 3-story finished office space, large garages with roll-up doors and loading access, and a large barn for storage or warehousing. Perfect for an investor or home business
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.
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.
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!
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.
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.
Professional Condo for sale on E Grant Street. This condo enjoys two private offices and a large conference room. The unit is complimented by a professional office building setting within walking distance from the Courthouse and walkable distance to Lancaster City amenities on N Duke, E King and E Orange St's. This is a tremendous opportunity for ownership in a secure location that's supported by many other professional type users. Unit is accessible from an elevator off the natural lighted entry and has a shared kitchenette and restrooms.
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.
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.
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!
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!
Free standing former bank building with 3 drive through lanes, located minutes from Route-283. Property's first floor level consisting of large lobby, vault, three offices, storage, and break room. The lower level has a community room, second vault, mechanical room, and community room. Property is zoned C-1 Commercial which allows for a variety of retail and professional uses. Property will be sold with a 20-year deed restriction for any type of financial institution.
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!
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.
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- 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.
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.
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
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.
Lancaster is located in Pennsylvania. Lancaster, Pennsylvania has a population of 59,556. Lancaster is less family-centric than the surrounding county with 21.97% of the households containing married families with children. The county average for households married with children is 31.78%.
The median household income in Lancaster, Pennsylvania is $40,805. The median household income for the surrounding county is $61,492 compared to the national median of $57,652. The median age of people living in Lancaster is 31.6 years.
The average high temperature in July is 85.2 degrees, with an average low temperature in January of 22 degrees. The average rainfall is approximately 44 inches per year, with 18.3 inches of snow per year.
