353 E New Street Lancaster, PA $ 535,000
353 E New Street
$ 535,000
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353 E New Street

Lancaster, PA, 17602
$ 535,000
Bedrooms-- Baths-- Sq 3,475

Monthly Estimate*

$ 3,294

353 E New Street, Lancaster, PA 17602 - Image 1
353 E New Street, Lancaster, PA 17602 - Image 2
353 E New Street, Lancaster, PA 17602 - Image 3
353 E New Street, Lancaster, PA 17602 - Image 4
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353 E New Street, Lancaster, PA 17602 - Image 6
353 E New Street, Lancaster, PA 17602 - Image 7
353 E New Street, Lancaster, PA 17602 - Image 8
353 E New Street, Lancaster, PA 17602 - Image 9

Commercial Property for sale in Lancaster, PA

for $535,000. This 3,475 square foot building was built in 1908 on a lot size of 0.05.

Rare opportunity to add to your portfolio a prime 4-unit commercial property located on a prominent roundabout corner in Lancaster. This property includes three 1 Bed & 1 Bath residential apartments as well as a 1st floor storefront. Only minutes from the growing downtown Lancaster area! *Updated roof, plumbing and HVAC.

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Commercial Active

Price

$ 535,000

Property Type

Commercial

Taxes

$ 8,843

Style

Apartment Building

Lot Size

0.05

Year Built

1908

Town/City

Lancaster

County/Region

Lancaster

MLS | Web ID

PALA2082658

Features
Interior
Heating Fuel Natural Gas Electric
Hot Water Electric
Heating Y/N Y
Central Air Y/N N
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General
Sewer Public Sewer
Heating Hot Water Radiator Baseboard - Hot Water Heat Pump(s)
Cooling None
Possession Negotiable
Roof Flat Rubber
Zoning NEIGHBORHOOD COMMERCIAL
Construction Materials Brick
Year Built 1908
Property Subtype Mixed Use
Tax Year 2025
Ownership Fee Simple
Cool Fuel None
Municipality LANCASTER CITY
Business Type Apartment Building
Accessibility None
County LANCASTER
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Turn right onto E Ross St Left toward Park Ave Right onto Park Ave towards E New St round about
City LANCASTER
Number Of Units Total 4
MLS Area Lancaster City (10533)
Lot Size Units Square Feet
Lot Size Square Feet 2178.00
Tax Annual Amount 8843.0
Property Condition Very Good
Price Per Sq Ft Total AG 153.96
Acceptable Financing Cash Conventional
Lease Considered Y/N N
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Total Actual Rent 49200.00
Cap Rate 9.00
Association Recreation Fee N
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Exterior
Water Source Public
Type of Parking On Street
Foundation Details Stone
Water View Y/N N
Building Area Total 3475.00
Lot Size Acres 0.05
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 39800.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 353
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* Excluded Features
List By
Inch & Co. Real Estate, Llc

Broker

tkibler@inchandco.com

Email

Affordability Calculator

$4,031
Per Month
82%
18%
0%
Monthly Principal & Interest
$3,294
Monthly Property Taxes
$737
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
2/9/2026$535,000 Listed Price

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353 E New Street, Lancaster, PA, 17602 is a Commercial Property for sale at $535,000 with 3,475 sqft and a lot size of 0.05. 353 E New Street was built in 1908. The property's zip code is 17602 which is in Lancaster, PA