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$400,000
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Property Description
Prime Mixed-Use Opportunity in Lancaster City. Unlock the full potential of this fully renovated mixed-use property, prominently positioned on a high-visibility corner at a signalized intersection with an average daily traffic count of 11,849 vehicles-delivering unbeatable exposure for your business. This turnkey building offers the ideal combination of commercial and residential space, perfect for maximizing cash flow and long-term investment returns. The first-floor commercial unit has been thoughtfully laid out with five partitioned rooms, two restrooms, a welcoming reception area, and a stylish coffee bar. Designed for flexibility, this space is perfectly suited for a professional office, salon, nail studio, boutique retail, or barber shop. Thanks to clear-span ceiling joists, the interior walls can be easily removed to accommodate open layouts for other uses, including a convenience store or studio space. With modern finishes, fresh interiors, and large storefront windows, this space is move-in ready for your business. Above, a bright and spacious two-bedroom apartment features a private entrance and updated finishes throughout, making it ideal for a short-term Airbnb rental or long-term tenant. The layout, natural light, and contemporary upgrades make it equally appealing to renters and owner-occupants seeking to live in the heart of Lancaster City. The entire building has been renovated from top to bottom, including a new roof, HVAC system, plumbing, electrical, flooring, and paint. Two off-street parking spots and ample street parking nearby offer rare convenience in the city. With excellent curb appeal and a location just minutes from downtown Lancaster's vibrant shops, cafés, restaurants, and cultural destinations, this property stands out as a smart and forward-thinking investment. Whether you're an entrepreneur seeking a live/work opportunity or an investor looking to diversify with multiple income streams, 645 S Prince Street offers flexibility, visibility, and value in one of Lancaster's fastest-growing corridors. Schedule your private tour today and see the potential for yourself.
Full Property Details
Full Property Details for 645 S Prince St
General
- Sold For: $400,000
- Taxes: $3,964 (2024)
- Status: Closed
- Type: Duplex
- Source: BrightMLSPhilly
- MLS ID: PALA2070998
- Added to Site: 213 day(s) ago
Interior
- Flooring: Vinyl, Other
Parking
- Total Spaces: 2
- Parking Features: Asphalt Driveway
- Parking Type: Off Street, Driveway, Parking Lot
Location
- Area: Lancaster City (10533)
- Municipality: LANCASTER CITY
- County: Lancaster
- Development Name: Lancaster City Ward 4
- Subdivision: Lancaster City Ward 4
- Driving Directions: See GPS
School Information
- School District: School District Of Lancaster
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Traditional
- Architectural Style: Traditional
- Structure Type: Detached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Partial
- Foundation: Concrete Perimeter
- Roof: Flat, Shingle, Pitched
- Stories/Levels: 3
- Square Feet: 2,729
- Sq. Ft. Source: Estimated
- Living Area: 2,145 Sq. Ft.
- Finished Above Grnd: 2,145 Sq. Ft.
- Year Built: 1890
- Year Built Source: Assessor
- Property Condition: Excellent
Unit Information
- Other Units: Unit 1
- 2 Bedroom Units: 1
- 3 Bedroom Units: 1
Unit 1
- Unit Description: Unit 1
- Bedrooms: 5
Lot Features
- Property View: City
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,742
- Lot Size Source: Assessor
- Lot Dimensions: 0.00 x 0.00
- Zoning: MU
Financial Considerations
- Price Per Sq. Ft.: $198.14
- Assessment Year: 2025
- School Tax: $2,406
- City/TownTax: $1,266
- City/TownTax Freq: Annually
- County Tax: $291
- County Tax Freq: Annually
- Tax w/Assessment: $100,200
- Tax Amount: $3,964
- Tax Year: 2024
- Terms: Standard Sale
Disclosures and Reports
- Ownership: Fee Simple
Listed by LPT Realty, LLC, Vuthy Taing
Sold by Home 1st Realty, Ada I. Rivera
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Schools
Schools serving 645 S Prince St
School District:Lancaster School District
| Name | Grades | Distance |
|---|---|---|
Price El School 615 Fairview Avenue, Lancaster, PA 17603 | PK-5 | 0.3 mi |
Jackson Middle School 431 South Ann Street, Lancaster, PA 17602 | 6-8 | 0.7 mi |
Mccaskey Campus 445 North Reservoir Street, Lancaster, PA 17602 | 9-12 | 1.7 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 645 S Prince St
Date
Details
Price
Change
Source
9/09/2025
Sold
$400,000
-5.88%
MLS
6/19/2025
Listed
$425,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
645 S Prince Street, Lancaster, PA 17603 (MLS# PALA2070998) is a Duplex property that was sold at $400,000 on September 09, 2025. Want to learn more about 645 S Prince Street? Do you have questions about finding other Duplex real estate for sale in Lancaster? You can browse all Lancaster real estate or contact a Coldwell Banker agent to request more information.

