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$3,050,000
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Property Description
Nestled in the vibrant heart of Lancaster City, the Masonic Center offers an unparalleled opportunity for investors and developers seeking a property with exceptional visibility, walkability, and accessibility to downtown amenities, businesses, and attractions. This well-maintained structure stands out with 40 dedicated on-site parking spaces-a rare amenity in the city-supplemented by additional public parking in the adjacent Water Street Garage. Zoned Commercial Central Business (CB), the property is ideally suited for a wide array of commercial, institutional, or mixed-use developments, including offices, event venues, and educational facilities. Located within a LERTA zone, it provides significant property tax abatements on improvements, making it especially attractive for those seeking long-term value. The site's placement in the Heritage Conservation District ensures that any development will harmonize with Lancaster's rich architectural and cultural character. With a distinguished civic presence and historical significance-President James Buchanan was a member of this Lodge-the Masonic Center delivers a dignified setting for professional, civic, or cultural organizations.
Full Property Details
Full Property Details for 213 W Chestnut St
General
- Price: $3,050,000
- Taxes: (2024)
- Status: Active
- Type: Commercial Service
- Source: BrightMLSPhilly
- MLS ID: PALA2072726
- Updated: 12/17/2025
- Added to Site: 220 day(s) ago
Business
- Business Type: Banquet Facility/Lodge, Restaurant/Bar
Parking
- Total Spaces: 40
- Parking Type: Parking Lot
Location
- Area: Lancaster City (10533)
- Municipality: LANCASTER CITY
- County: LANCASTER
- Driving Directions: West Chestnut Street, between North Arch Street and North Water Street.
Heating & Cooling
- Cooling Type: Other
- Cooling Fuel: Other
- Heating Type: Other
- Heating Fuel: Other
- Water Heater: Other
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Elevator(s ): 1
- Building Size: 41088
- Year Built: 1890
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.81
- Lot Size (Sq. Ft.): 35,284
- Lot Size Source: Assessor
- Zoning: CB
Financial Considerations
- Price Per Sq. Ft.: $74.23
- Assessment Year: 2025
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
Listed by Compass Real Estate, LLC, Deepa Balepur
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Schools
Schools serving 213 W Chestnut St
School District:Lancaster School District
| Name | Grades | Distance |
|---|---|---|
Fulton El School, Lancaster, PA 225 West Orange Street, Lancaster, PA 17603 | PK-5 | 0.1 mi |
Reynolds Middle School 605 West Walnut Street, Lancaster, PA 17603 | 6-8 | 0.5 mi |
Mccaskey Campus 445 North Reservoir Street, Lancaster, PA 17602 | 9-12 | 1.1 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 213 W Chestnut St
Date
Details
Price
Change
Source
11/03/2025
Price Reduced
$3,050,000
-6.15%
MLS
9/05/2025
Price Reduced
$3,250,000
-5.8%
MLS
7/07/2025
Listed
$3,450,000
—
MLS
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
Tax History for 213 W Chestnut St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,419
1%
$135,500
—
2024
$5,362
6%
$135,500
—
2023
$5,052
—
$135,500
—
2022
$5,052
1%
$135,500
—
2021
$4,999
-10%
$135,500
10%
2016
$5,531
1%
$123,000
—
2015
$5,465
4%
$123,000
—
2014
$5,252
—
$123,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 213 W Chestnut St
213 W Chestnut Street, Lancaster, PA 17603 (MLS# PALA2072726) is a Commercial Service property. 213 W Chestnut Street is currently listed for $3,050,000 and was received on July 07, 2025. Want to learn more about 213 W Chestnut Street? Do you have questions about finding other Commercial Service real estate for sale in Lancaster? You can browse all Lancaster real estate or contact a Coldwell Banker agent to request more information.

