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$450,000 Just Listed

  • For Sale
  • Active
  • Retail
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Unique opportunity to own this prime location, mixed-use property in Lancaster City featuring a first-floor commercial space and a second-floor residential unit. The commercial space is currently operating as a laundry business and is being offered as a turn-key operation. The second-floor unit consists of a 2-bedroom, 1-bath apartment that has been recently renovated with quality finishes. The apartment is currently vacant, providing flexibility for owner occupancy or rental income. Whether you're an investor seeking dual income streams or an entrepreneur looking to live above your business, this property delivers versatility, location, and immediate opportunity.

Full Property Details for 119 E Walnut St

General

  • Price: $450,000
  • Taxes: $4,689 (2025)
  • Status: Active
  • Type: Retail
  • Source: BrightMLSPhilly
  • MLS ID: PALA2082606
  • Updated: 2/17/2026
  • Added to Site: 3 day(s) ago

Business

  • Business Type: Other/General Retail

Parking

  • Parking Type: On Street

Location

  • Area: Lancaster City (10533)
  • Municipality: LANCASTER CITY
  • County: LANCASTER
  • Driving Directions: Follow GPS.

Heating & Cooling

  • Cooling Type: Ductless/Mini-Split
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Electric, Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Brick
  • Year Built: 1887
  • Year Built Source: Assessor

Unit Information

  • # Tenants: Single

Lot Features

  • Lot Size (Acres): 0.04
  • Lot Size (Sq. Ft.): 1,742
  • Lot Size Source: Assessor
  • Zoning: R4

Financial Considerations

  • Assessment Year: 2025
  • School Tax: $2,912
  • City/TownTax: $1,444
  • City/TownTax Freq: Annually
  • County Tax: $332
  • County Tax Freq: Annually
  • Tax w/Assessment: $114,300
  • Tax Amount: $4,689
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 119 E Walnut St —

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 119 E Walnut St

School District:Lancaster School District
NameGradesDistance
Ross El School, Lancaster, PA
840 North Queen Street, Lancaster, PA 17603
PK-50.7 mi
Lincoln Middle School
1001 Lehigh Avenue, Lancaster, PA 17602
6-81 mi
Mccaskey Campus
445 North Reservoir Street, Lancaster, PA 17602
9-120.8 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 119 E Walnut St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/16/2026
Listed
$450,000
76.47%
MLS
10/31/2011
Sold
$255,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 119 E Walnut St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,571
1%
$114,300
—
2024
$4,523
6%
$114,300
—
2023
$4,262
—
$114,300
—
2022
$4,262
1%
$114,300
—
2021
$4,217
1%
$114,300
—
2020
$4,170
2%
$114,300
—
2019
$4,108
-14%
$114,300
—
2018
$4,785
21%
$114,300
32%
2017
$3,969
2%
$86,400
—
2016
$3,885
1%
$86,400
—
2015
$3,839
4%
$86,400
—
2014
$3,689
—
$86,400
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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119 E Walnut Street, Lancaster, PA 17602 (MLS# PALA2082606) is a Retail property. 119 E Walnut Street is currently listed for $450,000 and was received on February 16, 2026. This property is listed by Michael Stoltzfus Group from our Lancaster Office.Want to learn more about 119 E Walnut Street? Do you have questions about finding other Retail real estate for sale in Lancaster? You can browse all Lancaster real estate or contact a Coldwell Banker agent to request more information.

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