205 E KING ST
LANCASTER, PA 17602
$1,095,000
Sq. Ft.: N/A
Type: Commercial
Listing #pala2085982
Welcome to a rare opportunity in the heart of Downtown Lancaster, nestled in the vibrant Musser Park, where charm, convenience, and potential come together in one exceptional property. This five-unit building offers a commercial space with unmatched walkability, easy access to local restaurants, coffee shops, bakeries, shopping, and entertainment. Just steps away from Central Market, the Fulton Theatre, the Ware Center, and the courthouse, the location is ideal for both residential and commercial use. Whether you're an investor seeking strong rental income or an owner-occupant looking to offset expenses, this mixed-use property delivers exceptional versatility. The property includes four residential units along with a dedicated commercial space. The carriage house features a garage on the lower level and an upper-level living space complete with a kitchen, bathroom, dramatic two-story living room, and lofted sleeping area, creating a unique and inviting atmosphere. A private deck and large backyard offer great outdoor living. Across the patio from the carriage house a second-floor unit includes one bedroom, one bath, and a deck, along with a shared patio. The rear unit also offers one bedroom and one bath, showcasing a blend of preserved original character and modern updates. At the front of the building, the first-floor commercial space is a blank canvas ready to be customized for a variety of uses, benefiting from strong foot traffic in this vibrant downtown setting. The fourth residential unit is similar to a single-family home, featuring a mudroom-style entry, a second floor living area with kitchen and living room, and a third floor with two bedrooms and a full bath. With four residential units plus commercial space, multiple income opportunities, and a prime location, this property is a standout investment. Schedule your private tour today.
Listing Courtesy of: Lusk & Associates Sotheby's International Realty (717) 291-9101
Property Features
County: LANCASTER-PA
Municipality: LANCASTER CITY
Latitude: 40.03876877
Longitude: -76.30110931
MLS Area: Lancaster City (10533)
Subdivision: MUSSER PARK
Directions: Head North on Duke St, turn left on E King St, Destination will be on the left.
Heating: Forced Air, Hot Water
Heating Fuel: Natural Gas
Cooling: Other, Ductless/Mini-Split, Electric
Floors: Wood, Laminated, Luxury Vinyl Plank, CeramicTile
Water Heater: Electric, Natural Gas
Total Number of Units: 1
Accessibility: None
Is New Construction: No
Construction: Brick
Septic or Sewer: Public Sewer
Has Garage: No
Parking Spaces: 2
Lot Size in Acres: 0.07
Lot Size in Sq. Ft.: 3,049
Zoning: RESIDENTIAL
Building Total Area (Sq. Ft.): 0
Has Waterfront: No
Has Water Access: No
School District: SCHOOL DISTRICT OF LANCASTER
ListDate: 2026-05-01 00:00:00.0
Possession: Negotiable
Property Type: COM
Property SubType: Commercial Sale
Year Built: 1870
Status: Active
Tax Year: 2025
Tax Amount: $5,959
Ownership Interest: Fee Simple
Business Type: Apartment Building
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The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Gacono Real Estate participates, and is provided by BRIGHT through a licensing agreement. Real estate listings held by brokerage firms other than Gacono Real Estate are marked with the IDX icon, and detailed information about each listing includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information Deemed Reliable But Not Guaranteed.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Gacono Real Estate participates, and is provided by BRIGHT through a licensing agreement. Real estate listings held by brokerage firms other than Gacono Real Estate are marked with the IDX icon, and detailed information about each listing includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information Deemed Reliable But Not Guaranteed.
BRIGHT(MRIS/Trend) data last updated at May 4, 2026, 7:55 AM ET
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