233 W Chestnut Street Lancaster, PA ^$ 599,900

233 W Chestnut Street

^$ 599,900

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Recently Listed

233 W Chestnut Street

Lancaster, PA, 17602

^$ 599,900

Bedrooms-- Baths-- Sq 4,356

Monthly Estimate*

^$ 3,788

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Commercial Property for sale in Lancaster, PA

for $599,900. This 4,356 square foot building was built in 1880 on a lot size of 0.1.

Rare opportunity to acquire a high-density, 11-unit licensed residential property located on Lancaster's west side. Offered at $599,900 ($54,454/unit), this asset is ideal for a multi-family investor, student housing operator, or specialty housing provider looking for immediate density in a tight Lancaster City rental market. The building is being sold as-is, with significant interior turnover and unit repair work already completed. The property presents substantial operational upside for an operator ready to streamline expenses and capture strong market yield. Showings by appointment to qualified buyers only. Complete rent roll, P&L history, and appraisal details are available upon request. Floorplans provided are rough outlines and contain inconsistencies; buyer to verify all measurements and layouts in person.

Commercial Active

Price

^$ 599,900

Property Type

Commercial

Taxes

^$ 7,708

Style

Apartment Building

Lot Size

0.1

Year Built

1880

Town/City

Lancaster

County/Region

Lancaster

MLS | Web ID

PALA2093746

Features

Interior

Heating Fuel Natural Gas

Flooring Carpet Hardwood

Hot Water Natural Gas

Heating Y/N Y

Central Air Y/N N

General

Sewer Public Sewer

Heating Forced Air

Cooling Window Unit(s)

Utilities Natural Gas Available Sewer Available Water Available

Possession Negotiable Settlement

Roof Rubber

Zoning RESIDENTIAL

Security Features Smoke Detector

Construction Materials Mixed

Exclusions All tenant personal items

Year Built 1880

Electric 200+ Amp Service

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 Please use GPS.

City LANCASTER

Number Of Units Total 1

MLS Area Lancaster City (10533)

Lot Size Units Square Feet

Lot Size Square Feet 4356.00

Tax Annual Amount 7708.0

Price Per Sq Ft Total AG 137.72

Acceptable Financing Cash Conventional

Vacation Rental Y/N N

Location Type Downtown

Standard Status Active

Year Built Source Assessor

Exterior

Parking Features Lighted Parking

Lot Features Road Frontage Rear Yard

Water Source Public

Type of Parking On Street

Foundation Details Stone

Water View Y/N N

Building Area Total 4356.00

Lot Size Acres 0.10

Road Surface Type Black Top

Lot Size Source Estimated

Waterfront Y/N N

Door Features Insulated

Road Responsibility City/County

Land Assessed Value 40500.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 233

* Excluded Features

List By

Berkshire Hathaway Homeservices Homesale Realty

Broker

zachary@teamtrimble.com

Affordability Calculator

$4,430

Per Month

Monthly Principal & Interest: $3,788
Monthly Property Taxes: $642
Monthly Home Insurance: --

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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 ^$1,064,532

Percent of Sale Price 77%

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
8/17/2026	$599,900		Listed Price

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233 W Chestnut Street, Lancaster, PA, 17602 is a Commercial Property for sale at $599,900 with 4,356 sqft and a lot size of 0.1. 233 W Chestnut Street was built in 1880. The property's zip code is 17602 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.

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233 W Chestnut Street

Commercial Property for sale in Lancaster, PA

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