Date
Details
Price
Change
Source
9/06/2024
Listed
$64,170
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/20
$64,170
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Property Description
NEW CONSTRUCTION! This first-floor retail space offers +/- 2,790 sq ft (subdividable) in the Central Business District, positioned at a prime corner shared by The Holiday Inn, Imperial Restaurant, QSB Restaurant-Lounge, and Lancaster County Offices. Situated within a 12-story apartment building, this location boasts excellent visibility and ample signage at the corner of North Queen Street and East Chestnut Street. With a 100% walkability score, abundant garage and street parking adjacent to the building, and 142 residences providing built-in customers, this space is ideal for a restaurant, cafe, office, professional, medical, or retail/service business. The property features full glass storefronts wrapping around the perimeter, offering maximum exposure. For restaurant use, the tenant has the option to add a grease duct and exhaust. The shell delivery includes two restrooms, a finished ceiling, concrete floors, an HVAC system, a 200-amp electric panel, and 17-foot ceilings (to the underside of the second floor). Monthly Rent: $23.00/SF (NN lease with no CAM fee) | Estimated NN Costs: $4.50/SF for taxes and insurance | Total Monthly Rent: $6,396.75 | Tenant Responsibilities: Utilities, water/sewer/trash. The landlord offers a $25/SF TIA for a qualified tenant signing a minimum 7-year lease. Potential for demising into two suites is also available.
Full Property Details
Full Property Details for 1 W Chestnut
General
- Price: $64,170
- Status: Active
- Type: Commercial Lease
- Source: BrightMLSPhilly
- MLS ID: PALA2056642
- Updated: 12/17/2025
- Added to Site: 500 day(s) ago
Business
- Business Type: Restaurant/Bar, Hair Salon and Spa, Health Club, Medi
Rental Information
- Lease/Rent Term: Negotiable
Parking
- Parking Type: On Street, Public Garage
Location
- Area: Lancaster City (10533)
- Municipality: LANCASTER CITY
- County: LANCASTER
- Cross Streets: Queen Street
- Driving Directions: From Penn Square: From West King Street, Take a right onto North Queen Street. Continue two blocks and the property will be on your left. From Rt. 30 Fruitville Pike Exit: Head South on Fruitville Pike towards Lancaster City. Continue straight as the road turns to North Prince Street. Continue straight for about 1 mile (4-5 minutes) until you reach Chestnut Street. Take a left onto West Chestnut Street and continue for 1/2 a block. The property will be on your left.
- Location Details: Downtown
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Heating Type: Central
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Concrete, Brick, Other
- Entry Floor Number: 1
- Stories/Levels: 12
- Aprox. Leasable: 2,790 Sq. Ft.
- Current Bldg. Use: Other
- Office: 2,790 Sq. Ft.
- Retail: 2,790 Sq. Ft.
- Year Built: 2023
- Year Built Source: Estimated
- Property Condition: Excellent
Lot Features
- Property View: City
- Lot Size (Acres): 0.32
- Lot Size (Sq. Ft.): 13,939
- Lot Size Source: Assessor
- Zoning: CENTRAL BUSINESS DISTRICT
Financial Considerations
- Price Per Sq. Ft.: $23
- School Tax: $2,781
- City/TownTax: $1,463
- City/TownTax Freq: Annually
Disclosures and Reports
- Ownership: Other
Listed by PPM Real Estate, Inc., Corinn E. Kirchner and PPM Real Estate, Inc., Alexandra Ebert
We Value Your Privacy
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Listing agents
— 1 W Chestnut —
Corinn E. Kirchner
PPM Real Estate, Inc.
Alexandra Ebert
PPM Real Estate, Inc.
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1 W Chestnut
School District:Lancaster School District
| Name | Grades | Distance |
|---|---|---|
Fulton El School, Lancaster, PA 225 West Orange Street, Lancaster, PA 17603 | PK-5 | 0.2 mi |
Reynolds Middle School 605 West Walnut Street, Lancaster, PA 17603 | 6-8 | 0.7 mi |
Mccaskey Campus 445 North Reservoir Street, Lancaster, PA 17602 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1 W Chestnut
Estimate the Cost
Estimate the Cost for 1 W Chestnut
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1 W Chestnut, Lancaster, PA 17603 (MLS# PALA2056642) is a Commercial Lease property. 1 W Chestnut is currently listed for $64,170 and was received on September 06, 2024. Want to learn more about 1 W Chestnut? Do you have questions about finding other Commercial Lease real estate for sale in Lancaster? You can browse all Lancaster real estate or contact a Coldwell Banker agent to request more information.