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508 W Chestnut Street Lancaster, PA $ 699,500
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$ 699,500 Get more info
508 W Chestnut Street
$ 699,500
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508 W Chestnut Street

Lancaster, PA, 17603
$ 699,500
Bedrooms-- Baths-- Sq 2,722

Monthly Estimate*

$ 4,417

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
508 W Chestnut Street, Lancaster, PA 17603 - Image 4
508 W Chestnut Street, Lancaster, PA 17603 - Image 5
508 W Chestnut Street, Lancaster, PA 17603 - Image 6
508 W Chestnut Street, Lancaster, PA 17603 - Image 7
508 W Chestnut Street, Lancaster, PA 17603 - Image 8
508 W Chestnut Street, Lancaster, PA 17603 - Image 9
508 W Chestnut Street, Lancaster, PA 17603 - Image 10
508 W Chestnut Street, Lancaster, PA 17603 - Image 11
508 W Chestnut Street, Lancaster, PA 17603 - Image 12
508 W Chestnut Street, Lancaster, PA 17603 - Image 13
508 W Chestnut Street, Lancaster, PA 17603 - Image 14

Commercial Property for sale in Lancaster, PA

for $699,500. This 2,722 square foot building was built in 1900 on a lot size of 0.05.

Exceptional 5-unit investment opportunity in Lancaster City's highly desirable Chestnut Hill neighborhood. Ideally situated just minutes from downtown Lancaster's restaurants, shopping, Central Market, and entertainment, this well-maintained property offers immediate income potential with room for future growth.

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Commercial Active

Price

$ 699,500

Property Type

Commercial

Taxes

$ 10,102

Style

Apartment Building

Lot Size

0.05

Year Built

1900

Town/City

Lancaster

County/Region

Lancaster

MLS | Web ID

PALA2092738
Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Total Stories 3
Heating Y/N Y
Central Air Y/N N
Total Restrooms 5
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General
Sewer Public Sewer
Heating Radiator
Cooling Window Unit(s) Ductless/Mini-Split
Possession Immediate
Roof Flat Rubber
Zoning RESIDENTIAL HIGH DENSITY
Construction Materials Brick Masonry
Year Built 1900
Property Subtype Five Or More Units
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Municipality LANCASTER CITY
Business Type Apartment Building
Accessibility Other
County LANCASTER
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions From US-30: Take the Harrisburg Pike exit toward Lancaster. Continue onto Harrisburg Pike then turn right onto N Mulberry St. Turn left onto W Chestnut St. Property will be on the left.
City LANCASTER
Number Of Units Total 5
MLS Area Lancaster City (10533)
Lot Size Units Square Feet
Lot Size Square Feet 2178.00
Tax Annual Amount 10102.0
Property Condition Good
Price Per Sq Ft Total AG 189.46
Acceptable Financing Conventional Cash
Lease Considered Y/N N
Vacation Rental Y/N N
Location Type Downtown
Standard Status Active
Year Built Source Assessor
Total Actual Rent 67920.00
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Exterior
Water Source Public
Type of Parking On Street
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
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Internal Only
Street Number 1 508
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* Excluded Features
List By
Astoria Realty Advisors Llc

Broker

getawayassets@gmail.com

Email

Affordability Calculator

$5,259
Per Month
84%
16%
0%
Monthly Principal & Interest
$4,417
Monthly Property Taxes
$842
Monthly 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
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/28/2026$699,500 Listed Price

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508 W Chestnut Street, Lancaster, PA, 17603 is a Commercial Property for sale at $699,500 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

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