26 N Water Street
Lancaster, PA, 17603 $ 315,000
Bedrooms-- Baths-- Sq 1,260 Monthly Estimate*
$ 1,940
for $315,000. This 1,260 square foot building was built in 1875 on a lot size of 0.02.
LOCATION, LOCATION, LOCATION. Commercial/Residential!!! Located in the Heart of Downtown Lancaster, 26 N Water Street presents a Charming Prime Mixed Use Investment Opportunity! Perfect for a Business or a Rare Airbnb in the City (subject to local regulations). Just Steps away from Lancaster Central Market, Fulton Theatre, Gallery Row, Restaurants, and Boutique Shopping. The Location Offers Excellent Walkability, Strong Foot Traffic and High Visibility. The First Floor features a Commercial Storefront with Prominent Street Presence. Previously used as a Barbershop, Beauty Salon, Photography Studio, and Art Gallery. It has also served as a Guest House for Fulton Theatre Performers and Visitors. The Space is well suited for Retail, Professional Space, Studio, or Boutique Office Use. There is a Half bath and a Laundry area on this floor. It also has Great Potential to be Converted to a Studio Apartment or a Stylish Airbnb allowing a Unique Downtown Experience for Tourists. Perfect Opportunity to Own one of the few Airbnbs in the Downtown Vicinity. The Second and Third floors offer a Spacious One-Bedroom One Full Bath Residential Unit which can serve as an Owner-Occupied Residence or Generate Rental Income, including Potential Short-Term Rental Opportunities (subject to local regulations). Numerous Recent Upgrades include a Brand New Gas Furnace, New Hardwood Flooring on second and third floors, Updated Plumbing with PVC Sewer Line Replacement, Updated Faucets, Electrical Improvements, Fresh Interior Paint, New 1st Floor Washer/Dryer Combo, Inviting New Back Deck and Gate for added Privacy. Beautiful Stained Glass Windows and Lovely Details Throughout makes this a One of A Kind Property! An Ideal Opportunity for Investors, Entrepreneurs, or Owner-Occupants Seeking a Live/Work Property in Lancasters Lively, Thriving Downtown District!
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FeaturesInteriorHeating Fuel Natural Gas
Flooring Hardwood
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N Y
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GeneralSewer Public Sewer
Heating Forced Air
Cooling Central A/C
Utilities Cable TV Available
Possession 0-30 Days CD 31-60 Days CD
Roof Shingle Composite
Zoning CB
Construction Materials Brick Masonry
Year Built 1875
Electric 200+ Amp Service
Property Subtype Mixed Use
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality LANCASTER CITY
Business Type Other
Accessibility None
County LANCASTER
New Construction N
Property Type Commercial Sale
Subdivision Name NONE AVAILABLE
Water Access Y/N N
Status ACTIVE
Directions Use GPS
City LANCASTER
MLS Area Lancaster City (10533)
Lot Size Units Square Feet
Lot Size Square Feet 871.00
Tax Annual Amount 5140.0
Property Condition Excellent
Price Per Sq Ft Total AG 178.57
Acceptable Financing Cash Conventional FHA VA
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
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ExteriorParking Features Public
Water Source Public
Type of Parking On Street
Foundation Details Permanent
Water View Y/N N
Building Area Total 1764.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.02
Lot Size Source Estimated
Waterfront Y/N N
Road Responsibility Public
Land Assessed Value 25900.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByLong & Foster Real Estate, Inc.Broker
ibernatsky@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,940
- Monthly Property Taxes
- $428
- 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 NearbyCommerical listings in Lancaster, PA
Average List Price $943,024
Percent of Sale Price 199%
About 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 |
|---|
| 3/5/2026 | $315,000 | | Listed Price |