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$749,900 Just Listed

  • For Sale
  • Active
  • Commercial
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Welcome to 171 E. King Street! This highly visiable and trafficked 3-story commercial building is located in Lancaster's very desirable Central Business District - which means the opportunities this property offers are almost endless! Keep it as-is as turnkey office space or convert it into the space of your choosing - retail, residences, rentals, barber or hair salon, restaurant... - the plethera of options are listed on the Permitted Use Table under Documents. Property offers an elevator that accesses floors 1 - 3, 2 sets of staircases, 2 sets of double-doors as main entry on E. King Street and an additional side entrance on N. Lime Street and bathroom on every floor. Parking garage is right across the street on E. King St. and the City offers permits and vouchers in lieu of parking fees.

Full Property Details for 171 E King St

General

  • Price: $749,900
  • Taxes: $14,647 (2026)
  • Status: Active
  • Type: Commercial
  • Source: BrightMLSPhilly
  • MLS ID: PALA2088284
  • Updated: 5/23/2026
  • Added to Site: 3 day(s) ago

Business

  • Business Type: Other

Interior

  • Flooring: Carpet, Concrete

Rooms

Bathrooms

  • Restrooms: 3

Parking

  • Parking Type: On Street, Public Garage

Location

  • Area: Lancaster City (10533)
  • Municipality: LANCASTER CITY
  • County: LANCASTER
  • Subdivision: CENTRAL BUSINESS DISTRICT
  • Cross Streets: N. Lime Street
  • Driving Directions: East on King Street, on the corner N.W. corner of N. Lime and E. King Streets
  • Location Details: Business District

School Information

  • Middle School: McCaskey East
  • High School: McCaskey Campus

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Central
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electric Available, Natural Gas Available, Phone, Multiple Phone Lines

Structural Information

  • Construction: Brick
  • Basement: Yes
  • Foundation: Block
  • Roof: Flat, Rubber
  • Ceiling Height: 8' to 10'
  • Doors: Double Entry
  • Elevator(s ): 1
  • Stories/Levels: 4
  • Building Size: 5511
  • Year Built: 1910
  • Year Built Source: Estimated
  • Property Condition: Excellent

Unit Information

  • # Tenants: Multiple
  • Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1

Lot Features

  • Property View: City
  • Lot Size (Acres): 0.05
  • Lot Size (Sq. Ft.): 2,178
  • Lot Size Source: Estimated
  • Street/Road Desc.: Black Top
  • Zoning: CB
  • Lot Description: Corner

Financial Considerations

  • Price Per Sq. Ft.: $136.07
  • Assessment Year: 2026
  • School Tax: $9,032
  • County Tax: $1,135
  • County Tax Freq: Annually
  • Tax w/Assessment: $354,500
  • Tax Amount: $14,647
  • Tax Year: 2026

Disclosures and Reports

  • Ownership: Fee Simple

Listed by Iron Valley Real Estate of Lancaster, Jennifer B Rule

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Listing agent

— 171 E King St —

  • Jennifer B Rule

    Iron Valley Real Estate of Lancaster

Listing Office Email: contracts@ironvalleyrealestateoflancaster.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 171 E King St

School District:Lancaster School District
NameGradesDistance
Fulton El School, Lancaster, PA
225 West Orange Street, Lancaster, PA 17603
PK-50.5 mi
Lincoln Middle School
1001 Lehigh Avenue, Lancaster, PA 17602
6-81.1 mi
Mccaskey Campus
445 North Reservoir Street, Lancaster, PA 17602
9-120.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 171 E King St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/23/2026
Listed
$749,900
76.45%
MLS
9/15/2020
Sold
$425,000
—
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 171 E King St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,176
1%
$354,500
—
2024
$14,027
6%
$354,500
—
2023
$13,217
—
$354,500
—
2022
$13,217
-36%
$354,500
-37%
2021
$20,778
66%
$563,200
103%
2016
$12,483
1%
$277,600
—
2015
$12,335
4%
$277,600
—
2014
$11,853
—
$277,600
—
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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NMLS#: 1598647

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Listed by Iron Valley Real Estate of Lancaster, Jennifer B Rule

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171 E King Street, Lancaster, PA 17602 (MLS# PALA2088284) is a Commercial property. 171 E King Street is currently listed for $749,900 and was received on May 23, 2026. Want to learn more about 171 E King Street? Do you have questions about finding other Commercial 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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