For Sale
$825,000

857 Prince StLancaster, PA 17603

Prime Lancaster location, 4 units, high visibility.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional mixed-use property presents a compelling value-add investment opportunity in Lancaster City, Pennsylvania. Located at 857 S Prince St, this 9,000 square foot building boasts a prime location offering high visibility and easy access, situated near the downtown area and adjacent to a planned new business development site. The property, built in 1960, is a two-story structure encompassing four units. Three of these units are currently generating rental income as apartments. The remaining space comprises a substantial auto garage accompanied by a large office. This versatile space presents a unique opportunity for an owner-occupant seeking a combined living and business space, or for a landlord to lease to a separate tenant. The property is zoned for mixed use, allowing for a variety of potential uses and maximizing its investment potential. The asking price for this fee simple ownership is $825,000. This property offers a rare blend of residential and commercial income streams in a rapidly developing area of Lancaster City, making it an attractive investment for both seasoned and emerging investors. The property's strong location and existing income streams make it a particularly compelling opportunity in the current market.

Highlights

  • $825,000 asking price for a mixed-use property in Lancaster, PA.
  • 9,000 square foot building with three currently rented apartments and a large auto garage/office.
  • High-visibility location near Downtown Lancaster and a planned business development.

Property Details for 857 Prince St

Property type
Retail properties, Mixed-use properties
Square Feet
9,000 SF
Year Built
1960
Stories
2
Units
4

Location Insight

City
Lancaster
County
Lancaster
State
Pennsylvania
Latitude
40.0236723
Longitude
-76.3047713
857 Prince St, Lancaster, Pennsylvania

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
857 Prince St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message