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Lancaster,PA 17602
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PALA2075892
Year Built 1985
Available Date 2025-09-08
Annual Tax Amount $1,866
Tax Year 2025
Lot Size 1,307 Sqft
Acres 0.03
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Prime Lancaster City Investment with Endless Potential! Located on east end of Lancaster City near Thaddeus Stevens College, this multi-use property offers both immediate income and exciting room for growth. The site includes 10 storage units, 1 additional unit, 7 covered carports, and an oversized shop featuring a car lift, office, waiting area, and half bath. The shop (units 4, 5, 13, & 16) is approved for auto body use, making it a unique opportunity for an owner-operator or as a high-demand rental space. Current rents are well below market, creating instant upside for the next owner. The 7 carports provide additional potential to convert them with overhead doors to expand rentable square footage and significantly increase returns. With its strategic location in a rapidly growing section of Lancaster City, close to colleges, businesses, and residential neighborhoods, this property delivers steady cash flow today and strong long-term appreciation tomorrow. A rare chance to secure an income-producing asset in one of the city's fastest-growing neighborhoods! (Listing agent to be present for all showings).
Location
State PA
County Lancaster
Area Lancaster City (10533)
Zoning 400
Interior
Hot Water None
Heating Baseboard - Electric
Cooling None
Flooring Concrete,Stone
Equipment None
Heat Source Electric
Exterior
Garage Spaces 7.0
Water Access N
Roof Type Metal
Accessibility None
Total Parking Spaces 7
Garage N
Building
Foundation Other
Sewer Public Sewer
Water Public
New Construction N
Schools
School District School District Of Lancaster
Others
Tax ID 337-31716-0-0000
Ownership Fee Simple
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional
Special Listing Condition Standard