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$5,300,000
61 Days Online

301 E Liberty Street
Lancaster, PA 17602

For Sale|Commercial|Active
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1922
Built
County:
Lancaster

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301 E Liberty Street301 E Liberty Street301 E Liberty Street301 E Liberty Street
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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.

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Listing Snapshot
Price 
$5,300,000
Days Online 
61 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
2.3 Acres
Year Built 
1922
MLS® Number 
PALA2047158
Status 
Active
Property Tax 
$43,170
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
17 minutes agoListing updated with changes from the MLS®
2 months agoListing first seen online
General Features
Water 
Public
Sewer 
Public Sewer
Construction Materials 
Brick
Zoning 
MIXED USE
Interior Features
Heating 
Other
Cooling 
Other
Central Air 
No
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Exterior Features
Roof 
RubberMetal
Community Features
Accessibility Features 
None
Listing courtesy of Capstone Commercial (717) 819-2825



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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