257 W KING ST
LANCASTER, PA 17603

$575,000

Number of Units: 3
Type: Multi-Unit Residential
Listing #PALA2070856
Welcome to 257 W King Street--a rare historic gem in Lancaster City's Downtown Business District! One of only three remaining commercial buildings in the city showcasing the striking Second Gothic Revival architectural style. With an exquisitely preserved, richly ornate brick façade dating back to circa 1890, this iconic structure once belonged to prominent jeweler and developer Henry Zahm Rhoades and later served the community through generations of retail and residential uses. This mixed use residential/commercial property is Airbnb approved. Today, this beautiful property offers endless possibilities with a first-floor commercial space perfect for a boutique, gallery, café, nail salon or office, plus two residential units above--a large 3-bedroom apartment spanning the second and third floors, and a charming renovated studio with private backyard. Whether you're looking to live and work in the same building or invest in a unique income-producing property in Downtown Lancaster, you won't want to miss this opportunity! Conveniently located in the Central Business District in Downtown Lancaster, you're just steps away from Central Market, restaurants, coffee shops, galleries, the Convention Center, and more. Plus, the property sits within the City Revitalization & Improvement Zone (CRIZ), which may offer financial incentives and grants for acquisition, renovation, and business growth. Historic charm, modern opportunity. Schedule your private tour today--properties like this don't come around often!
Listing Courtesy of: Home 1st Realty (717) 208-3250
Property Features
Location Information
County: LANCASTER-PA
Municipality: LANCASTER CITY
Latitude: 40.03764
Longitude: -76.31038
MLS Area: Lancaster City (10533)
Directions: Going east on King St, property on left after you cross the intersection of Mulberry St/King St.
Interior Features
Heating: Baseboard - Electric, Radiator
Heating Fuel: Electric, Natural Gas
Cooling: None, None
Water Heater: Electric
Basement Description: Unfinished
Has Basement: Yes
Total Number of Units: 3
Accessibility: None
Exterior Features
Style: Other
Is New Construction: No
Construction: Brick
Foundation: Stone
Septic or Sewer: Public Sewer
Has Garage: No
Lot Size in Acres: 0.04
Lot Size in Sq. Ft.: 1,742
Dimensions: 0.00 x 0.00
Zoning: COMM/ MULTI FAMILY
Has Waterfront: No
Has Water Access: No
School
School District: SCHOOL DISTRICT OF LANCASTER
Additional Information
ListDate: 2025-07-31 00:00:00.0
Possession: Settlement
Property Type: RI
Property SubType: Interior Row/Townhouse
Year Built: 1860
Status: Active
Tax Year: 2024
Tax Amount: $8,174
Ownership Interest: Fee Simple
Square Feet Source: Estimated


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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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BRIGHT(MRIS/Trend) data last updated at December 5, 2025, 12:50 AM ET