508 W Chestnut Street Lancaster, PA ^$ 690,000

508 W Chestnut Street

^$ 690,000

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Recently Listed

508 W Chestnut Street

Lancaster, PA, 17603

^$ 690,000

Bedrooms-- Baths-- Sq 2,722

Monthly Estimate*

^$ 4,357

508 W Chestnut Street, Lancaster, PA 17603 - Image 1

508 W Chestnut Street, Lancaster, PA 17603 - Image 2

508 W Chestnut Street, Lancaster, PA 17603 - Image 3

Commercial Property for sale in Lancaster, PA

for $690,000. This 2,722 square foot building was built in 1900 on a lot size of 0.05.

Exceptional Investment opportunity in the Lancaster city, Chestnut Hill neighborhood. This property features 5 spacious units conveniently located near downtown Lancaster. Whether you're expanding your investment portfolio with rental income, this well-located property is one you will not want to miss.

Commercial Active

Price

^$ 690,000

Property Type

Commercial

Taxes

^$ 9,817

Style

Apartment Building

Lot Size

0.05

Year Built

1900

Town/City

Lancaster

County/Region

Lancaster

MLS | Web ID

PALA2088874

Features

Interior

Heating Fuel Natural Gas

Hot Water Natural Gas

Heating Y/N Y

Central Air Y/N N

Total Restrooms 5

General

Sewer Public Sewer

Heating Radiator Hot Water

Cooling Ductless/Mini-Split

Possession Immediate

Zoning RESIDENTIAL

Construction Materials Brick Masonry

Year Built 1900

Property Subtype Five Or More Units

Tax Year 2025

Ownership Fee Simple

Cool Fuel Electric

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 Lincoln Hwy East to Broad St. Make a left on Orange and a right on Nevin and right on Chestnut

City LANCASTER

MLS Area Lancaster City (10533)

Lot Size Units Square Feet

Lot Size Square Feet 2178.00

Tax Annual Amount 9817.0

Price Per Sq Ft Total AG 186.89

Acceptable Financing Conventional

Vacation Rental Y/N N

Standard Status Active

Year Built Source Assessor

Exterior

Water Source Public

Type of Parking None

Water View Y/N N

Building Area Total 3692.00

Lot Dimensions 0.00 x 0.00

Lot Size Acres 0.05

Lot Size Source Assessor

Waterfront Y/N N

Land Assessed Value 35100.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 508

* Excluded Features

List By

Genesis Real Estate & Property Management

Broker

chuyardhome@yahoo.com

Affordability Calculator

$5,175

Per Month

Monthly Principal & Interest: $4,357
Monthly Property Taxes: $818
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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

Trends
Schools

Commerical listings in Lancaster, PA

Average List Price ^$1,083,277

Percent of Sale Price 57%

About Lancaster, PA

61,016 Population

8% Since 2002

^$37,817 Median Income

34.09 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/8/2026	$690,000		Listed Price

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508 W Chestnut Street, Lancaster, PA, 17603 is a Commercial Property for sale at $690,000 with 2,722 sqft and a lot size of 0.05. 508 W Chestnut Street was built in 1900. The property's zip code is 17603 which is in Lancaster, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

Real estate listings held by brokerage firms other than Weichert, Realtors® are marked with the Broker Reciprocity icon (a little black house) and detailed information about each listing includes the name of the listing broker.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale.

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508 W Chestnut Street

Commercial Property for sale in Lancaster, PA

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