352 E New Street Lancaster, PA $ 695,000
352 E New Street
$ 695,000
Share Save

352 E New Street

Lancaster, PA, 17602
$ 695,000
Bedrooms-- Baths-- Sq 4,392

Monthly Estimate*

$ 4,279

352 E New Street, Lancaster, PA 17602 - Image 1
352 E New Street, Lancaster, PA 17602 - Image 2
352 E New Street, Lancaster, PA 17602 - Image 3
352 E New Street, Lancaster, PA 17602 - Image 4
352 E New Street, Lancaster, PA 17602 - Image 5
352 E New Street, Lancaster, PA 17602 - Image 6
352 E New Street, Lancaster, PA 17602 - Image 7
352 E New Street, Lancaster, PA 17602 - Image 8
352 E New Street, Lancaster, PA 17602 - Image 9
352 E New Street, Lancaster, PA 17602 - Image 10
352 E New Street, Lancaster, PA 17602 - Image 11
352 E New Street, Lancaster, PA 17602 - Image 12
352 E New Street, Lancaster, PA 17602 - Image 13
352 E New Street, Lancaster, PA 17602 - Image 14
352 E New Street, Lancaster, PA 17602 - Image 15
352 E New Street, Lancaster, PA 17602 - Image 16
352 E New Street, Lancaster, PA 17602 - Image 17
352 E New Street, Lancaster, PA 17602 - Image 18
352 E New Street, Lancaster, PA 17602 - Image 19
352 E New Street, Lancaster, PA 17602 - Image 20
352 E New Street, Lancaster, PA 17602 - Image 21
352 E New Street, Lancaster, PA 17602 - Image 22
352 E New Street, Lancaster, PA 17602 - Image 23
352 E New Street, Lancaster, PA 17602 - Image 24
352 E New Street, Lancaster, PA 17602 - Image 25
352 E New Street, Lancaster, PA 17602 - Image 26
352 E New Street, Lancaster, PA 17602 - Image 27
352 E New Street, Lancaster, PA 17602 - Image 28

Commercial Property for sale in Lancaster, PA

for $695,000. This 4,392 square foot building was built in 1900 on a lot size of 0.07.

Outstanding investment opportunity featuring a 6-unit mixed-use property in the Northeast Corridor. 4 Residential units in updated, nice condition. Laundromat with ADA Bathroom. Restaurant in operation since 2018. Fully rented, but most rents are exceptionally low due to long-term tenants. 14 commercial washers, 10 commercial dryers. Fully licensed with approved fire escapes. (4) 1 Bedroom units all leased. Built as an apartment unit + laundromat + restaurant in 1900 with commercial-sized UGI gas lines. Apartments are nice and mostly updated- newer replacement windows. 6 security cameras 24/7 monitoring. Turnkey investment in Northeast Lancaster City. $42,000 annual net income.

See more

Commercial Active

Price

$ 695,000

Property Type

Commercial

Taxes

$ 11,507

Style

Apartment Building,/General Retail,Restaurant/Bar

Lot Size

0.07

Year Built

1900

Town/City

Lancaster

County/Region

Lancaster

MLS | Web ID

PALA2087384

Features
Interior
Heating Fuel Natural Gas
Flooring Vinyl Wood
Hot Water Natural Gas
Total Stories 3
Heating Y/N Y
Central Air Y/N N
See more
General
Sewer Public Septic
Heating Hot Water
Cooling None
Utilities Natural Gas Available
Possession Negotiable
Roof Metal Rubber
Zoning MIXED USE
Security Features Smoke Detector 24 hour security Security System
Construction Materials Brick
Exclusions Restaurant operator's equipment.
Year Built 1900
Electric 200+ Amp Service
View Street
Property Subtype Five Or More Units
Tax Year 2026
Ownership Fee Simple
Cool Fuel None
Municipality LANCASTER CITY
Gross Income 72360.00
Business Type Apartment Building Other/General Retail Restaurant/Bar
Accessibility None
County LANCASTER
Net Operating Income 41795.00
New Construction N
Property Type Commercial Sale
Subdivision Name NONE AVAILABLE
Possible Use Laundromat Residential Restaurant
Water Access Y/N N
Status ACTIVE
Directions On the corner of E. New Street & N. Plum Street.
City LANCASTER
Disclosures None
Number Of Units Total 4
MLS Area Lancaster City (10533)
Lot Size Units Square Feet
Lot Size Square Feet 3049.00
Tax Annual Amount 11507.0
Electric Expense 1380.00
Fuel Expense 7100.00
Property Condition Very Good Good
Trash Expense 2064.00
Acceptable Financing Conventional Cash
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
See more
Exterior
Lot Features Corner
Water Source Public
Inclusions All laundry mat equipment- 10 Huebsch Commercial Dryers 14 Commercial Washers. Most of the restaurant equipment.
Type of Parking On Street
Foundation Details Stone
Water View Y/N N
Building Area Total 0.00
Lot Dimensions 25x109
Lot Size Acres 0.07
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 40300.00
Navigable Water Y/N N
Water Oriented Y/N N
See more
Internal Only
Street Number 1 352
See more
* Excluded Features
List By
Kingsway Realty - Lancaster

Broker

ervin@kingswayrealty.com

Email

Affordability Calculator

$5,238
Per Month
82%
18%
0%
Monthly Principal & Interest
$4,279
Monthly Property Taxes
$959
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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/1/2026$695,000 Listed Price

Map


See all

352 E New Street, Lancaster, PA, 17602 is a Commercial Property for sale at $695,000 with 4,392 sqft and a lot size of 0.07. 352 E New Street was built in 1900. The property's zip code is 17602 which is in Lancaster, PA