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800 S Queen Street, Lancaster, PA 17603
$122,400
800 S Queen Street, Lancaster, PA 17603View this property at 800 S Queen Street, Lancaster, PA 17603
800 S Queen StreetLancasterPA17603
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Property Description
Lancaster's iconic Rebman's store to be redeveloped into a mixed-use complex including 52 apartment units (25 market and 27 affordable) and offering 6,800 +/- SF of commercial space. Strategically located in Lancaster City , in the Opportunity Zone and LERTA (Local Economic Revitalization Tax Assistance) tax district. Strong preference for a grocery or convenience store tenant at the property (concept renderings under Documents). Developer can offer $500,000 to support developer-approved grocery store fit-out, which will be amortized into initial lease term. Groundbreaking started in November 2023 with demolition and site preparation. Developer has received the permit for a retaining wall and contractor has been engaged. The project is expected to pre-lease by late summer and accept the first tenants in late fall 2024. Asking lease rate is $18/SF NNN for vanilla shell commercial space. See listing agent for additional information.
Full Property Details
Full Property Details for 800 S Queen St
General
- Price: $122,400
- Status: Active
- Type: Commercial Lease
- MLS ID: PALA2046166
- Updated: 1/25/2024
- Added to Site: 94 day(s) ago
Business
- Business Type: Other/General Retail, Supermarket/Grocery Store
Rental Information
- Lease/Rent Term: Negotiable
Parking
- Total Spaces: 60
- Parking Type: Parking Lot
Location
- Area: Lancaster City (10533)
- Municipality: LANCASTER CITY
- County: Lancaster
- Driving Directions: Prince Street (Rt 222) south to left on S. Queen Street. Property on left (corner of S. Queen Street and Furnace Street).
Heating & Cooling
- Cooling Type: Other
- Heating Type: Other
- Heating Fuel: Other
- Water Heater: Other
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Combination, Other
- Stories/Levels: 0
- Aprox. Leasable: 6,800 Sq. Ft.
- Current Bldg. Use: Vacant
- Retail: 6,800 Sq. Ft.
- Year Built: 2024
- Year Built Source: Estimated
- Property Condition: Excellent
Lot Features
- Lot Size (Acres): 1.39
- Lot Size (Sq. Ft.): 60,548
- Lot Size Source: Assessor
- Zoning: COMMERCIAL URBAN
Financial Considerations
- Price Per Sq. Ft.: $18
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Ownership: Other
Listed by Compass Real Estate, LLC, Deepa Balepur
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Schools
Schools serving 800 S Queen St
School District:School District Of Lancaster
Rating | Name | Grades | Distance |
---|---|---|---|
615 Fairview Ave, Lancaster, PA 17603 | PK-5 | 0.3 mi | |
431 S Ann St, Lancaster, PA 17602 | 6-8 | 0.8 mi | |
445 N Reservoir St, Lancaster, PA 17602 | 9-12 | 1.8 mi |
Disclaimer: School ratings provided by
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School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 800 S Queen St
Date
Details
Price
Change
Source
1/25/2024
Listed
$122,400
—
MLS
Disclaimer: Historical sales 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 800 S Queen St
800 S Queen Street, Lancaster, PA 17603 (MLS# PALA2046166) is a Commercial Lease property. 800 S Queen Street is currently listed for $122,400 and was received on January 25, 2024. Want to learn more about 800 S Queen 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.