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Prime Investment Opportunity: 11-Unit Property at 534 W. James Street, Lancaster, PA Discover an exceptional investment opportunity in the heart of Lancaster, PA, with this impressive 11-unit property located at 534 W. James Street. Situated in a vibrant neighborhood close to prestigious institutions such as F&M College and Lancaster Theological Seminary, as well as a plethora of dining, entertainment, and recreational options, this property promises not only lucrative returns but also a desirable location for tenants seeking convenience and culture. The Location: Convenience meets culture at 534 W. James Street. Nestled within walking distance to many great restaurants, coffee shops, and brew pubs, tenants will have easy access to Lancaster's culinary and social scene. Moreover, the property's proximity to Buchanan Park offers tenants a serene retreat for outdoor leisure activities. Within a short walk, residents can explore galleries, visit the historic Central Market, or enjoy an evening out at local brew pubs, making this location highly desirable for urban living enthusiasts. The Property: Boasting a mix of studio, one-bedroom, and two-bedroom units, this investment property caters to a diverse range of tenants, ensuring high occupancy rates and steady cash flow. Each unit is thoughtfully designed to maximize comfort and functionality. Safety and Compliance: Investors can rest assured knowing that the property is fully equipped with sprinkler systems for added safety, meeting the highest standards of fire protection. Additionally, the property is licensed by the City of Lancaster, ensuring compliance with local regulations and providing peace of mind to both owners and tenants alike. Income Potential: With its prime location and attractive unit mix, 534 W. James Street presents an exceptional income-generating opportunity for savvy investors. The property's proximity to academic institutions makes it particularly appealing to students and faculty members seeking off-campus housing. Additionally, the bustling neighborhood and array of nearby amenities ensure a steady stream of potential tenants year-round. Conclusion: Don't miss out on the chance to add this lucrative investment property to your portfolio. Whether you're a seasoned investor looking to expand your holdings or a first-time investor seeking a promising opportunity, 534 W. James Street offers the perfect combination of location, income potential, and safety.
Off Rt 283, east side of LANCASTER CITY. Great visibility from Rt. 283. Auto garage and office. WFR licensed agent and owner. Welding shop...Mechanical repair shop ...Body shop...... Auto dealership/sales...Motorcycle repair and sales.... Tire sales and service
Who has the passion and energy for the next great Restaurant and or Bar in Lancaster County?!?! Do you have the need to take your Restaurant, Convenient and or Grocery Store to the next level? Would you like to add a Million Dollar Revenue Stream by pairing your Food Menu or Store Selection with a Special Beer, Mixed Drink, Wine, or Cocktail Menu Item? If the answer is yes to any of these questions. Don't delay, give a call today!
Redevelopment site for sale consisting of 2.3 acres of land in Lancaster City with improved buildings. The zoning was successfully changed to Mixed Use recently which will allow for a potential density of 148 apartment units. Current income from existing use is $300,000 NOI approximately, which provides great income during plans for redevelopment. The site consists of a 3 story building which is currently a mix of office and industrial uses on the east end of the parcel, and a collection of industrial buildings on the west end of the parcel. Architectural renderings show a 104 unit apartment building on the west end which would call for the removal of industrial buildings. There are also plans for the renovation of existing buildings on the east end to accommodate an additional 44 units. The existing parking plan provides 126 parking spaces on site. A parking variance would be required to provide relief from the parking requirement of 1 space per unit. Contact listing agent for pro forma operating income and expenses.
Excellent property in an ideal location currently leased to a quality tenant, River Rock Academy, on a triple net lease through 6/30/2030 + Tenant has one 5-year option. Price reflects a 6% cap rate (Est. NOI of $196,303.45). Lease includes annual CPI increases to base rent. The 15,277sf single story building is situated on a 3.2 acre, mostly impervious, site, with 192 parking spaces. Well maintained, fully sprinklered, gas heat and central air, covered outside patio area in the rear, 3 glass door entrances, nicely finished, windows in all perimeter walls and several interior rooms with glass and sidelights. NO SIGN ON THE PROPERTY. TENANT IS AN OPERATING SCHOOL WITH STUDENTS PRESENT DURING THE DAY. DO NOT VISIT THE PROPERTY DURING SCHOOL HOURS OR SPEAK WITH ANY STAFF. SHOWINGS MAY OCCUR MON-THURS STARTING AT 4:45PM.
Prime commercial opportunity with C-3 Zoning on Route 30 in Lancaster County. High visibility with up to 35,000 daily passing cars. Ideal for businesses seeking a strategic location in a thriving area. Versatile property, currently a storefront home, offering a blank canvas for redevelopment. Join the revitalization movement and capitalize on the area's attractions. Endless possibilities await at this well-traveled location. **See documents for additional possible uses.**
Attractive 39,610 S/F 3/4 story Professional Office Building Available For Sale on 2.68 acres. Price, terms, and conditions subject to any renegotiation of master tenants current lease. Master Tenant may shrink current footprint or exit 12/01/2026, allowing for any new buyer/tenant use and occupancy . 2024 Projected NOI $571,570. 145 parking spaces. Owner Financing Available for qualified buyer.
Freestanding professional office building in a prominent location in the heart of Manheim Township. The building consists of 10,710 SF across three (3) levels including a 3,570+/- SF finished lower level. The main level consists of a mix of private offices and conference rooms, a lunchroom/open work space and lobby and reception areas. The second floor consists of an open bullpen with workstations. The lower level has open bullpen areas and a cafeteria/lunchroom. Each floor has its own restrooms and are served by an elevator. The entire building was renovated in 2012 and the overall condition of the building is very good.
This property is going to onsite auction 5/8/24 at 6:00 PM and is being sold with reserve. LISTED PRICE IS ONLY A SUGGESTED OPENING BID, AND IS NOT INDICATIVE OF THE FINAL SALES PRICE WHICH WILL BE BY SELLER CONFIRMATION DAY OF AUCTION. Terms: Down payment of $20,000.00 required day of auction. Settlement on or before July 15, 2024. Transfer taxes to be paid by buyer. Real Estate taxes shall be prorated. Great opportunity to own a fully leased 5 unit in Ronks / Lancaster Area. There are 3-Efficiency apartments, (1) 1-bedroom/1 bathroom apartment, and (1) -2 bedroom/1 bathroom apartment with a common laundry area in the basement. The property is within close proximity to Amish Country and Lancaster City. Rents currently gross over $50,000 per year. The potential rents available in the area are greater than the rents that are currently being collected, which provides upside to a Buyer. The property is located close to retail, office, medical, and the population of Lancaster County.
Welcome to this rare opportunity to own a property that has many uses in downtown Bird -in -Hand. This property consists of a dwelling that sits along Old Philadelphia Pike that was built as a home in the early 1900âs . This could be used as a home or a business, it has a kitchen, dining room, 3-4 bedrooms, 2 bathrooms and a family room and living room. This dwelling has some beautiful cozy architectural aspects. Behind this dwelling sits a 2 story building with over 2500 square feet that currently holds a business that has been there for over 19 years. Both these buildings along with a parking area are included in the sale. Come see all this property has to offer for many income and personal endeavors.
Investment opportunity to purchase building leased to Chesterbrook Academy. Tenant just signed a 10 year lease renewal effective March 1, 2024. Price reflects a 7.0% cap rate. Also See MLS #PALA2022002 for adjoining property sale information. Both properties can be purchased for $4,395,000.
Rare opportunity for cooler and freezer warehousing. Equipped for food processing. Renovated in 2017. Tenant occupied through September 30, 2027 with average annual rent of $210,000. Lancaster County Location with less than 2 mile access to Rt. 283 and Rt. 30.
Brand new business in which totes are rented by businesses and those moving. Everything is included that would be needed to begin running the business from day 1. This is a new concept that current owner was not able to pursue due to work commitments. Please see website for complete details -https://www.thegreenboxco.com/
The Shankâs Mare commercial property consists of 1.06 acres of land with a 754 sq. ft. bungalow, a 5,776 sq. ft. main building, and a 20-space+ parking lot, all located on the banks of the Susquehanna River in York County PA. This historic building has long been an anchor in the Long Level community. Built in the 1890âs as a general store, it was a gathering place and supply operation in support of the Susquehanna Tidewater Canal. This canal way was built in the 1830âs and supported commercial and pleasure excursions down the Susquehanna for over 60 years. The canal was located directly in front of âKauffmanâs Storeâ, the original name of the building. For the past 28 years, it has been the home of Shankâs Mare Outfitters, a retail and educational attraction for outdoor recreation. The buildingâs 100-foot-long porch is an extremely popular destination for those who just want to sit and watch the river flow by. The main building is a two story, frame structure. The first-floor houses one large room and 6 smaller rooms of retail space, a restroom, a kitchen, and two office rooms. On the second floor there is one large conference/banquet room, 4 smaller rooms, a bathroom, and two office rooms. Previously the first-floor kitchen and office rooms and second floor office rooms and bathroom provided a two-bedroom rental apartment separated from the main portion of the building. The building has an unfinished basement with stone foundation, concrete and/or dirt floors and where the mechanicals and water heater are located. There is also a full, unfinished attic. The bungalow dwelling is a one-story frame building with 1 bedroom, 1 bath, living room with fireplace, kitchen, and laundry area. The building has front and rear porches and a deck with handicap accessible ramp. The property is zoned Waterfront Recreation District which promotes the continued use and future development of riverfront properties along the Susquehanna River in a manner consistent and harmonious with existing uses, thus retaining the rural recreational character of the area. Development and uses primarily oriented to providing a mixture of seasonal and year-round dwellings, public and semipublic recreational type uses, as well as a variety of associated commercial uses, are encouraged. Permitted uses include bed & breakfast facilities, group and family care homes, clubs, retail stores, eating establishments, houses of worship, and medical, professional, and business offices to name a few.
This unique property is situated in the commercially zoned area of East Hempfield Township, adjacent to new Penn State Health Hospital, across from Kellogg plant. It features a historic house and a large commercial building. The house is modern and well maintained, with a large basement and ground floor walkout, as well as a loft apartment over the garage. The commercial building features a 3-story finished office space, large garages with roll-up doors and loading access, and a large barn for storage or warehousing. Perfect for an investor or home business
Location. Location. Selling location not necessarily income. Real estate with 3 rental units and 3-car garage. Being sold as is. Furniture, equipment, and fixtures included. In business for 45 years, owner retiring. Pizzaeria is in a very busy location: 13,000 traffic count on Rte. 72 (Main St.) and 12,000 traffic count on State Street. Confidential. Non-Disclosure required. Buyer's agent to verify square feet.
Property is currently a Leather Shop downstairs and a vacant warehouse upstairs with 1 loading dock. 8 parking spaces. Central A/C.
20 mile view of western Lancaster County. Formerly a bar and restaurant with a 3-4 bedroom apartment on second floor and a dry, clean basement. Much of the building has been renovated and updated. Parking for 15 cars. See attached zoning information in documents. These restrictions: No marijuana or liquor sales. EXCELLENT FOR IN- HOME BUSINESS....BUSINESS ON FIRST FLOOR; LIVE IN BEAUTIFUL, RENOVATED. UPDATED APARTMENT ON SECOND FLOOR. The basement floor is 25 yards of fibered concrete. The floors and rafters are heavy duty 2 x 12's. MUST SEE INSIDE TO APPRECIATE.R-3 ZONING. ADJACENT LOT AVAILABLE 55'x100'. Est. daily traffic count: 7,500 (PennDOT Traffic Information Repository)
Two (2) freestanding retail buildings located just off Route 23 in Leola. The buildings comprise a total of 29,380+/- SF and are situated on approximately 1.80 +/- acres. Additional square footage available on upper levels and outbuildings. Mixed-use zoning allows for many uses such as retail, daycare, medical/dental/professional offices and more.
Presenting Baublitz Commercial Airport, 9W8. First established in 1958, Baublitz Commercial airport is a public use airport located in York County Pennsylvania. This property, situated in almost 10 acres, features 6 spacious T-hangars, and 4 additional stand alone hangars and two leased residential rental properties. The turf runway measures 2493 X 100 and is in good condition. There is also a 4,000 gallon fuel farm located on the airport which provides additional income along with 8 tie downs. There are approximately 23 aircraft operations a day on average. This is your chance to own an historic income producing public use airport, located about 18 miles E of York PA. Expansion opportunities may also be available! Please contact the listing agent, Sarah McNelis, for more information. If you are interested in the property, the owners have requested you make an appointment to tour the property. You must have an appointment to view the property. Out of respect to the tenants and owners, please do show up to tour the property unannounced. Thank you for your cooperation.
Check out this commercial location in East Prospect. Former site of Layman's Gun Shop. Main retail space approximately 66'x22' with additional 29'x22' shop area in the rear of the building that has garage door access. Main basement space is 47'x22" and is divided into a storage area with garage door access, 14x7 office space and 14x15 work space. Basement also has an 18'x18' utility room /workshop area. 100 Amp / 240 Volt single phase electrical service. Natural gas hot water boiler heat system and central air conditioning. Paved parking lot with space for 7+ vehicles. Public sewer & water utilities. Schedule a showing to start getting your business up and running in this great location.
Investment opportunity in Columbia, PA. This well maintained building offers 4 residential units, 1 commercial space and 4 parking spaces. 3 Units with 1BR/1BA and 1 Unit with 2BR/1BA. First floor unit in the rear and the commercial space have gas forced air heat and central air. All other units have electric baseboard heat. All separate electric meters. Build equity by having the tenants pay down your mortgage. Take advantage of appreciation in the long term and tax benefits that come with investment properties. Great opportunity.
Terrific new construction warehouse on 6 acres, 8,000 SF in West Hempfield Township. Top quality construction and features in the building with the ability to build an additional 8,000 SF on a pad directly adjacent. Fully approved land development plans are available and there is room to build more. Public utilities available with storm water in place. 1,000 gallon propane filled and buried for future heat. Plenty of electric service with 14' clear span ceiling height. Check the uses within the Rural Ag District zoning (see under documents).
Classic 1960's service station in almost original condition. 2 service bay with OHD's. Station SF is 1202 total. There is an additional newer pole building 40' x 40' with 14' ceiling heights. Single OHD in this building. This building can be used for storage only per a prior zoning decision. High traffic corner in PA 462, the Lincoln Highway.