50 54 N Queen & 12 W Orange St, Lancaster, Pa

$2,750,000

Price

35,109 sqft

Building Size

1875

Year Built

Overview
Building Size
35,109 sqft
Year Built
1875
Price Per Sqft
$78.33
Zoning
CENTRAL BUSINESS CORE
Description

Assemblage of three (3) contiguous, mixed-use buildings with total gross building area of approximately 35,000 square feet, creating an "L" shape with 45 feet of frontage on N. Queen St and 50 feet on W. Orange St. Excellent location at corner lighted intersection. Highly walkable. Property served by natural gas, electric, public sewer and public water. Located in CB1 Zoning District in Lancaster City, the commercial and cultural core of the Central Business District. Fully leased first floor retail space. Nine third-party lease agreements offer good cash flow. High demand among passive investors or properties of this type if renovated and stabilized as characterized by historically low overall capitalization rates.

Highlights
  • Days on Market: 341
  • Heating: Heat Pump(s)

Location
Gallery