126 N Pine Street
Lancaster, PA, 17603 $ 875,000
Bedrooms-- Baths-- Sq 12,000 Monthly Estimate*
$ 5,459
for $875,000. This 12,000 square foot building was built in 1890 on a lot size of 0.26.
New Listing | 126128 N. Pine St. & 139 Nevin St., Lancaster Investor Alert! A rare opportunity has become available in Lancasters highly desirable Chestnut Hill neighborhood. This unique property package combines an 8-unit apartment building, a 12,000+ square-foot warehouse, and a 2-car garagean exceptional chance to secure both income-producing assets and redevelopment potential in one of the citys most sought-after areas. The existing 8-unit apartment building at 126128 N. Pine Street is fully established, featuring a mix of one-bedroom units and efficiency apartments. This building provides a reliable foundation of rental income and is well positioned to benefit from the strong demand for housing in Lancasters West End. The apartments are conveniently located within walking distance of Central Market, the Fulton Theatre, restaurants, coffee shops, and cultural destinations that continue to drive interest in this vibrant neighborhood. Adjacent to the apartment building is the two-story, 12,000+ square-foot brick and block warehouse. With its solid construction and impressive size, this warehouse is a prime renovation project offering nearly limitless potential. Located in Lancasters High Density Residential (R-4) Zoning District, the property invites creative redevelopment options, including residential conversions, loft apartments, or some mixed-use possibilities. Investors with vision will recognize this as an outstanding opportunity to add significant value in a rapidly appreciating market. Also included in the package is a separate 2-car garage, providing additional utility and value. Some off-street parking is available, a highly desirable feature for both current tenants and any future redevelopment projects. The Chestnut Hill location only adds to the appeal. Known for its tree-lined streets, historic homes, and welcoming sense of community, this neighborhood is one of Lancasters most cherished. With continued revitalization throughout the city, properties in this area have seen sustained growth in demand and value. Whether your goal is to maintain the steady income from the existing apartments, reimagine the warehouse into high-value residential units, or create a mixed-use project that blends housing with commercial potential, this property offers extraordinary flexibility and long-term upside. Opportunities like this in Lancaster City are increasingly rare. With an 8-unit building providing immediate income, plus a warehouse ready for redevelopment in a zoning district designed for density, this listing is tailor-made for the savvy investor or developer seeking their next project.
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Commercial ActiveApartment Building,Storage,Warehouse,Manufacturing
FeaturesInteriorHeating Fuel Natural Gas
Hot Water Other
Heating Y/N Y
Central Air Y/N N
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GeneralSewer Public Sewer
Heating Hot Water
Cooling Other
Utilities Cable TV Available Electric Available Natural Gas Available Sewer Available Water Available
Possession Immediate
Zoning R-4
Construction Materials Block Brick
Year Built 1890
Electric 200+ Amp Service
Property Subtype Mixed Use
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality LANCASTER CITY
Business Type Apartment Building Storage Warehouse Manufacturing
Accessibility None
County LANCASTER
New Construction N
Property Type Commercial Sale
Subdivision Name CHESTNUT HILL
Water Access Y/N N
Status ACTIVE
Directions On N. Pine St. between W. Chestnut and W Orange.
City LANCASTER
Disclosures Prop Disclosure
Number Of Units Total 7
MLS Area Lancaster City (10533)
Lot Size Units Square Feet
Lot Size Square Feet 11326.00
Tax Annual Amount 15771.0
Acceptable Financing Cash
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
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ExteriorParking Features Paved Parking Unassigned
Water Source Public
Type of Parking On Street Driveway Private Garage Other
Water View Y/N N
Building Area Total 0.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.26
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 63600.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $5,459
- Monthly Property Taxes
- $1,314
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Lancaster, PA
Average List Price $1,018,682
Percent of Sale Price 16%
About Lancaster, PA 61,016 Population
8% Since 2002
$ 37,817 Median Income
34.09 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/30/2025 | $875,000 | | Listed Price |