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$625,000 Coming Soon
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Property Description
Prime Commercial Opportunity on East King Street. Strong traffic count. Flexible zoning. Ample parking. Mixed-use upside. Exposure without parking is a liability. This property solves that. 955-957 E King Street offers visibility, flexibility, and long-term upside along one of Lancaster's most heavily traveled corridors, with 17,000+ vehicles per day. Situated on 0.47 acres, the property provides exceptional street presence supported by 23+ on-site parking spaces...a rare and valuable asset in this location. The existing 5,528 square feet of improvements are located within the Local Commercial zoning district, intended to serve surrounding residential neighborhoods with convenient, neighborhood-oriented goods and services. Permitted uses include medical office, professional office, financial institutions, retail (under 20,000 SF), restaurant, veterinary office, funeral home, daycare, nonprofit facilities, and mixed-use residential in combination with commercial use. This property already benefits from an established residential apartment within the principal building, delivering immediate income potential, with additional upside through the opportunity to develop a second residential unit (subject to approvals). The rare mixed-use flexibility within this zoning allows for layered income streams and scalable returns - ideal for an investor seeking stronger yield or an owner-occupant looking to significantly reduce overhead. The district's design standards promote long-term stability and compatibility with surrounding neighborhoods, protecting value while allowing meaningful commercial activity. The lot configuration and parking capacity support multiple business models, repositioning strategies, or phased occupancy. In a supply-constrained commercial corridor, 955-957 E King Street stands out as a well-positioned asset for investors and operators who recognize the importance of location, infrastructure, and future upside.
Full Property Details
Full Property Details for 955 E King St
General
- Price: $625,000
- Taxes: $8,498 (2025)
- Status: Coming Soon
- Type: Commercial Service
- Source: BrightMLSPhilly
- MLS ID: PALA2083588
- Updated: 2/24/2026
- Added to Site: 3 day(s) ago
- Expected Market Date: 2/28/2026
Business
- Business Type: Professional, Medical
Interior
- Flooring: Carpet, Hardwood, Vinyl
Parking
- Total Spaces: 23
- Parking Features: Paved Parking, Private, Surface
- Parking Type: Parking Lot
Location
- Area: Lancaster Twp (10534)
- Municipality: LANCASTER TWP
- County: LANCASTER
- Driving Directions: See GPS - Park in Rear
School Information
- Elementary School: Burrowes
- Middle School: Lincoln M.S.
- High School: McCaskey H.S.
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Baseboard - Hot Water, Radiator, Forced Air
- Heating Fuel: Electric, Natural Gas
- Water Heater: Electric, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Roof: Rubber, Shingle, Slate
- Building Size: 5528
- Year Built: 1890
- Year Built Source: Assessor
- Property Condition: Good
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 2, Unit 3
Lot Features
- Lot Size (Acres): 0.47
- Lot Size (Sq. Ft.): 20,473
- Lot Size Source: Assessor
- Zoning: LOCAL COMMERCIAL
Financial Considerations
- Price Per Sq. Ft.: $113.06
- Assessment Year: 2025
- School Tax: $7,146
- City/TownTax: $535
- City/TownTax Freq: Annually
- County Tax: $816
- County Tax Freq: Annually
- Tax w/Assessment: $280,500
- Tax Amount: $8,498
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
Listed by RE/MAX SmartHub Realty, Jeremy Ganse
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Schools
Schools serving 955 E King St
School District:Lancaster School District
| Name | Grades | Distance |
|---|---|---|
Burrowes School 1001 East Orange Street, Lancaster, PA 17602 | PK-5 | 0.2 mi |
Lincoln Middle School 1001 Lehigh Avenue, Lancaster, PA 17602 | 6-8 | 0.5 mi |
Mccaskey Campus 445 North Reservoir Street, Lancaster, PA 17602 | 9-12 | 0.6 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 955 E King St
Date
Details
Price
Change
Source
2/22/2026
Listed
$625,000
—
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 955 E King St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,207
1%
$280,500
—
2024
$8,090
9%
$280,500
—
2023
$7,432
—
$280,500
—
2022
$7,432
2%
$280,500
—
2021
$7,322
2%
$280,500
—
2020
$7,207
2%
$280,500
—
2019
$7,054
-22%
$280,500
—
2018
$8,998
26%
$280,500
29%
2017
$7,130
4%
$218,100
—
2016
$6,881
2%
$218,100
—
2015
$6,764
3%
$218,100
—
2014
$6,599
—
$218,100
—
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 955 E King St
955 E King Street, Lancaster, PA 17602 (MLS# PALA2083588) is a Commercial Service property. 955 E King Street is currently listed for $625,000 and was received on February 22, 2026. Want to learn more about 955 E King 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.

