207 W King Street Lancaster, PA $ 555,000
207 W King Street
$ 555,000
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207 W King Street

Lancaster, PA, 17603
$ 555,000
Bedrooms-- Baths-- Sq 2,424

Monthly Estimate*

$ 3,417

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Commercial Property for sale in Lancaster, PA

for $555,000. This 2,424 square foot building was built in 1860 on a lot size of 0.03.

ATTENTION ALL INVESTORS, this is your chance to own a property with significant value! This 8-unit mixed-use property features two recently redone efficiency units, five rental rooms that share a bath and kitchen, and a leased commercial space. The property also boasts a newer rubber roof and a shingle roof, ensuring its excellent condition. Location is key for this building, situated on King St, a stone's throw from the center square, close to great restaurants, art galleries, and shopping. You won't want to miss this one. Make your appointment today.

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Commercial Pending

Price

$ 555,000

Property Type

Commercial

Taxes

$ 7,803

Style

Apartment Building

Lot Size

0.03

Year Built

1860

Town/City

Lancaster

County/Region

Lancaster

MLS | Web ID

PALA2079552

Features
Interior
Heating Fuel Electric
Hot Water Natural Gas Electric
Total Stories 3
Heating Y/N Y
Central Air Y/N N
Total Restrooms 8
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General
Sewer Public Sewer
Heating Radiator Baseboard - Electric
Cooling Ductless/Mini-Split
Utilities Cable TV
Possession Settlement
Roof Rubber
Zoning COMMERCIAL - MIXED USE
Security Features Exterior Cameras
Construction Materials Brick
Year Built 1860
Electric 200+ Amp Service
Property Subtype Mixed Use
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality LANCASTER CITY
Gross Income 74220.00
Business Type Apartment Building
Accessibility None
County LANCASTER
Net Operating Income 52196.00
Insurance Expense 3071.00
New Construction N
Property Type Commercial Sale
Possible Use Apartments Office Mixed Use Retail
Water Access Y/N N
Status PENDING
Directions 207 W. King St Lancaster PA 17602
City LANCASTER
Disclosures Prop Disclosure
Number Of Units Total 8
MLS Area Lancaster City (10533)
Lot Size Units Square Feet
Lot Size Square Feet 1307.00
Tax Annual Amount 7803.0
Electric Expense 6000.00
Property Condition Good
Trash Expense 1000.00
Price Per Sq Ft Total AG 228.96
Acceptable Financing Cash Conventional
Vacation Rental Y/N N
Virtual Tour https://gressphotography.com/207-W-King-St/idx
Location Type Downtown
Standard Status Pending
Year Built Source Assessor
Total Actual Rent 74220.00
Cap Rate 9.00
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Exterior
Water Source Public
Type of Parking On Street
Foundation Details Stone
Water View Y/N N
Building Area Total 2424.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.03
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 56300.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 207
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* Excluded Features
List By
Re/Max Pinnacle

Broker

jacquinormanrealtor@gmail.com

Email

Affordability Calculator

$4,067
Per Month
84%
16%
0%
Monthly Principal & Interest
$3,417
Monthly Property Taxes
$650
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/5/2026$555,000 -1.77% Price Down
12/1/2025$565,000 -1.74% Price Down
11/11/2025$575,000 Listed Price

Map


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207 W King Street, Lancaster, PA, 17603 is a Commercial Property for sale at $555,000 with 2,424 sqft and a lot size of 0.03. 207 W King Street was built in 1860. The property's zip code is 17603 which is in Lancaster, PA