325 Queen StLancaster, PA 17603

Property Details for 325 Queen St

Year built

1887

Construction

BRICK

Lot size

0.36 AC

Property size (Sq ft)

65,296 SF

Zone code

CB

Property type

Retail properties

Property subtype

Retail space

APN

336-72693-0-0000

APU

3367269300000

Description

The Keppel Building, located at 300 North Queen Street (cross street: Lemon Street), offers 6,265 square feet of prime Class A creative office space in a vibrant CBD location. Currently, the entire building is vacant and available for lease. This mixed-use building boasts multiple tenancy options, with a minimum divisible space of 2,490 square feet and a maximum contiguous space of 3,775 square feet. The building underwent renovations in 2017 and features an elevator for convenient access. The zoning is designated as CBD, reflecting its central business district location. Leases are structured as Modified Gross, meaning tenants are only responsible for electricity costs. This exceptional opportunity allows businesses to join a thriving community of established tenants, including Redeux Vintage, David O’Shell Studio, Nicole Taylor Boutique, American Wealth Group, and Christiana Factory Studio. The building's central location and modern amenities make it an ideal choice for businesses seeking a dynamic and productive work environment. Contact us today to learn more about this unique leasing opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $14,815,303

  6.5%

  $13,675,665

  7%

  $12,698,831

• Comparable approach

  Method

  Valuation

  Relative Method

  $12,617,304

  Geo Method

  $10,351,584

• Alternative Use

  Use

  Valuation

  Residential

  $11,535,935

  Hospitality

  $10,566,854

  Educational

  $8,791,499

  Medical

  $9,093,852

  Retail

  $13,675,665

Location Insight

City

Lancaster

County

Lancaster

State

Pennsylvania

Latitude

40.0435

Longitude

-76.3062

CBSA code

29540

CBSA name

LANCASTER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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