1 W Chestnut
Lancaster, PA, 17603 $ 64,170
Bedrooms-- Baths-- for $64,170. This property was built in 2023 on a lot size of 0.32.
NEW CONSTRUCTION! This first-floor retail space offers +/- 2,790 sq ft (subdividable) in the Central Business District, positioned at a prime corner shared by The Holiday Inn, Imperial Restaurant, QSB Restaurant-Lounge, and Lancaster County Offices. Situated within a 12-story apartment building, this location boasts excellent visibility and ample signage at the corner of North Queen Street and East Chestnut Street. With a 100% walkability score, abundant garage and street parking adjacent to the building, and 142 residences providing built-in customers, this space is ideal for a restaurant, cafe, office, professional, medical, or retail/service business. The property features full glass storefronts wrapping around the perimeter, offering maximum exposure. For restaurant use, the tenant has the option to add a grease duct and exhaust. The shell delivery includes two restrooms, a finished ceiling, concrete floors, an HVAC system, a 200-amp electric panel, and 17-foot ceilings (to the underside of the second floor). Monthly Rent: $23.00/SF (NN lease with no CAM fee) | Estimated NN Costs: $4.50/SF for taxes and insurance | Total Monthly Rent: $6,396.75 | Tenant Responsibilities: Utilities, water/sewer/trash. The landlord offers a $25/SF TIA for a qualified tenant signing a minimum 7-year lease. Potential for demising into two suites is also available.
See more
Rental ActiveRestaurant/Bar,Hair Salon and Spa,Health Club,Medi
FeaturesInteriorHeating Fuel Natural Gas
Hot Water Electric
Total Stories 12
Heating Y/N Y
Central Air Y/N Y
Entry Level 1
See more
GeneralSewer Public Sewer
Heating Central
Cooling Central A/C
Zoning CENTRAL BUSINESS DISTRICT
Construction Materials Concrete Brick Other
Year Built 2023
View City
Property Subtype Retail
Current Use Other
Municipality LANCASTER CITY
Business Type Restaurant/Bar Hair Salon and Spa Health Club Medical Other/General Retail Professional Other
Accessibility Level Entry - Main 2+ Access Exits
County LANCASTER
New Construction Y
Property Type Commercial Lease
Water Access Y/N N
Status ACTIVE
Directions From Penn Square: From West King Street Take a right onto North Queen Street. Continue two blocks and the property will be on your left. From Rt. 30 Fruitville Pike Exit: Head South on Fruitville Pi
City LANCASTER
MLS Area Lancaster City (10533)
Lot Size Units Square Feet
Lot Size Square Feet 13939.00
Property Condition Excellent
Ok to Lease Negotiable
Price Per Sq Ft Total AG 23.0
Construction Completed Y/N N
Leasable Area 2790
Vacation Rental Y/N N
Availability Date 2024-10-01
Location Type Downtown
Standard Status Active
Year Built Source Estimated
See more
ExteriorWater Source Public
Type of Parking On Street Public Garage
Water View Y/N N
Building Area Total 0.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.32
Lot Size Source Assessor
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
See more
* Excluded FeaturesList ByPpm Real Estate, Inc.Broker
corinn@ppmproperties.comEmail
NearbyAbout Lancaster, PA 61,016 Population
8% Since 2002
$ 37,817 Median Income
34.09 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/6/2024 | $64,170 | | Listed Price |