$425,000
$475,000
10.5%For more information regarding the value of a property, please contact us for a free consultation.
171 E KING ST Lancaster, PA 17602
5,559 SqFt
Key Details
Sold Price $425,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 5,559 sqft
Price per Sqft $76
Subdivision Lancaster City Ward 2
MLS Listing ID PALA164340
Sold Date 09/15/20
HOA Y/N N
Originating Board BRIGHT
Year Built 1910
Tax Year 2019
Lot Size 2,178 Sqft
Acres 0.05
Lot Dimensions 0.00 x 0.00
Property Description
Three story office building with attractive curb appeal on the corner of Lime + King Streets in Lancaster City's Central Business District. Property has excellent visibility and easy street parking for guests and a public parking garage just steps away for staff. Abundant natural light pours into every room, and the windows are operable for fresh air. New HVAC system October 2018 (gas heat and central air; 2 systems). Features include: elevator, break room, restroom on each floor, full basement for storage, multiple entrances, signage opportunities + 2 stair towers. Historic property dated back to 1761 with very interesting history was completely rebuilt in 2005+/- to what it is today. Current occupant is relocating to their new building and will fully vacate to accommodate the settlement date. Note that the tax assessment is higher than the list price and it is recommended buyer seek to appeal the current assessment.
Location
State PA
County Lancaster
Area Lancaster City (10533)
Zoning CENTRAL BUSINESS DISTRICT
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
Accessibility Elevator
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District School District Of Lancaster
Others
Tax ID 332-05556-0-0000
Ownership Fee Simple
SqFt Source Assessor
Security Features Security System
Special Listing Condition Standard
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Bought with Tracy L Horst • PPM Real Estate, Inc.
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