Save
Ask
Tour
Hide
Share
$4,500,000
308 Days On Site

301 E Liberty St
Lancaster, PA 17602

For Sale|Industrial|Active
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1922
Built
County:
LANCASTER
Listing courtesy of Capstone Commercial
Call Now: 760.805.9748
Is this the home for you? We can help make it yours.
760.805.9748
301 E Liberty St301 E Liberty St301 E Liberty St301 E Liberty St
Save
Ask
Tour
Hide
Share

Mortgage Calculator

Monthly Payment (Est.)

$20,531
Calculator powered by Showcase IDX. Copyright ©2024 Information is deemed reliable but not guaranteed.

This site consists of a mixed use property with a 3 story building which is currently a mix of office and industrial uses on the east end of the parcel, and a collection of industrial buildings on the west end of the parcel. Most Industrial uses have drive ins, and a few have dock doors. Current income from existing use is $300,000 NOI approximately, which provides great income during plans for redevelopment. Most leases are on 1-2 year terms, allowing flexibility for redevelopment. Great opportunity for a redevelopment into self storage or apartments, with land consisting of 2.3 acres in Lancaster City with improved buildings. The zoning was successfully changed to Mixed Use recently which will allow for a potential density of 148 apartment units. Architectural renderings show a 104 unit apartment building on the west end which would call for the removal of industrial buildings. There are also plans for the renovation of existing buildings on the east end to accommodate an additional 44 units. The existing parking plan provides 126 parking spaces on site. A parking variance would be required to provide relief from the parking requirement of 1 space per unit. Self Storage is also a permitted use limited to 20,000 SF per parcel. Owner will consider seller financing for qualified buyers with a 30% down payment. Contact listing agent for pro forma operating income and expenses.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$4,500,000
Days On Site 
308 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
2.3 Acres
Year Built 
1922
MLS® Number 
PALA2047158
Status 
Active
Property Tax 
$43,628
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
3 months agoPrice changed to $4,500,000
10 months agoListing first seen on site
General Features
Acres 
2.3
Parking Spaces 
30
Property Sub Type 
Industrial
Sewer 
Public Sewer
Water Source 
Public
Zoning 
The zoning was successfully changed to Mixed Use which allows for a potential density of 148 apartment units
Interior Features
Heating 
Save
Ask
Tour
Hide
Share
Exterior Features
Construction Details 
Brick
Roof 
MetalRubber
Community Features
MLS Area 
Lancaster City (10533)
Listing courtesy of Capstone Commercial



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Share
Menu