16 S Lime Street, Lancaster, PA 17602 - Photo 1

1/1

$46,200

Sold
Closed
Commercial Lease

1/1

Property Description

Rare flexible use building in the Central Business District located near the intersection of King and Lime Streets. +/- 4,225 sq ft building offering warehouse space with windows, high ceilings, drive in door, floor drain, sink and gas heat, Office/showroom space with nice finishes, large retail window, central air, 2 private offices, powder room, full bathroom and kitchen. Tenant only pays $3,850/month plus electric, gas, trash, snow removal and interior maintenance. Landlord pays taxes, insurance and water/sewer (for a light water user). (Note: apartment shown in photos is not a licensed unit). Current tenant is in the process of vacating, do not visit the property without a showing appointment.

Full Property Details

Full Property Details for 16 S Lime St

General

Sold For: $46,200
Status: Closed
Type: Commercial Lease
Source: BrightMLSPhilly
MLS ID: PALA2050932
Added to Site: 645 day(s) ago

Business

Business Type: Flex, Health Club, Restaurant/Bar

Rental Information

Lease/Rent Term: Negotiable

Parking

Parking Type: On Street, Public Garage

Location

Area: Lancaster City (10533)
Municipality: LANCASTER CITY
County: Lancaster
Driving Directions: From Penn Sq head East on East King Street.

Heating & Cooling

Central air: Yes
Cooling Type: Central A/C, Ceiling Fan(s)
Heating Type: Heat Pump(s)
Heating Fuel: Electric
Water Heater: Electric

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Construction: Brick, Masonry
Drive-In Doors: 1
Stories/Levels: 0
Aprox. Leasable: 4,225 Sq. Ft.
Current Bldg. Use: Warehouse
Retail: 4,225 Sq. Ft.
Warehouse: 4,225 Sq. Ft.
Year Built: 1900
Year Built Source: Estimated
Property Condition: Very Good

Lot Features

Zoning: CBD

Financial Considerations

Price Per Sq. Ft.: $10.93
Terms: Standard Sale
Owner Pays: Insurance, Sewer, Taxes - Real Estate, Water
Landlord Pays: Insurance, Sewer, Taxes - Real Estate, Water
Tenant Pays: Electricity, Gas, Exterior Maintenance, Heat, Hot Water, HVAC Maintenance, Light Bulbs/Filters/Fuses/Alarm Care, Minor Interior Maintenance, Pest Control, Snow Removal, Trash Removal

Disclosures and Reports

Ownership: Other

Listed by PPM Real Estate, Inc., Corinn E. Kirchner and PPM Real Estate, Inc., Alexandra Ebert
Sold by Non Subscribing Office, NON MEMBER

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Listing agents

— 16 S Lime St —

Corinn E. Kirchner

PPM Real Estate, Inc.
Alexandra Ebert

PPM Real Estate, Inc.

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Schools

Schools serving 16 S Lime St

School District:Lancaster School District

Name	Grades	Distance
King El School 466 Rockland Street, Lancaster, PA 17602	PK-5	0.3 mi
Reynolds Middle School 605 West Walnut Street, Lancaster, PA 17603	6-8	1 mi
Mccaskey Campus 445 North Reservoir Street, Lancaster, PA 17602	9-12	0.9 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 16 S Lime St

Date

Details

Price

Change

Source

6/03/2024

Sold

$46,200

—

MLS

5/21/2024

Listed

$46,200

—

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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16 S Lime Street, Lancaster, PA 17602 (MLS# PALA2050932) is a Commercial Lease property that was sold at $46,200 on June 03, 2024. Want to learn more about 16 S Lime Street? 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.

16 S Lime St Lancaster, PA 17602