449 W KING ST
LANCASTER, PA 17603

$1,225,500

Sq. Ft.: N/A
Type: Commercial
Listing #PALA2091044
Excellent opportunity to own a fully occupied and turn key 5 unit apartment building with 12 parking spaces just 4 blocks to the heart of Lancaster City! Beautifullly remoodeled in 2022 and fully renovated inside and out! Laundry and individual HVAC in each unit. Utilities separated out. Bright and light throughout and well maintained. Each unit gets a parking space with 7 remaining spaces leased out for additional rental income.
Listing Courtesy of: Iron Valley Real Estate of Lancaster (717) 740-2221
Property Features
Location Information
County: LANCASTER-PA
Municipality: LANCASTER CITY
Latitude: 40.03743744
Longitude: -76.31443024
MLS Area: Lancaster City (10533)
Directions: From Columbia Ave. heading east, follow Columbia Ave. onto King Street. Property on the left side, parking in rear off of W. Grant St.
Interior Features
Heating: Heat Pump(s)
Heating Fuel: Electric
Cooling: Central A/C, Electric
Water Heater: Electric
Accessibility: 32"+ wide Doors, Doors - Lever Handle(s), Doors - Sw
Exterior Features
Is New Construction: No
Construction: Brick, Masonry
Septic or Sewer: Public Sewer
Has Garage: No
Parking Spaces: 12
Lot Size in Acres: 0.18
Lot Size in Sq. Ft.: 7,841
Dimensions: 0.00 x 0.00
Zoning: 5 FAM DWLG
Condition: Excellent
Building Total Area (Sq. Ft.): 4,878
Has Waterfront: No
Has Water Access: No
School
School District: SCHOOL DISTRICT OF LANCASTER
Additional Information
ListDate: 2026-07-17 00:00:00.0
Possession: Settlement
Property Type: COM
Property SubType: Commercial Sale
Year Built: 1907
Status: Active
Tax Year: 2025
Tax Amount: $8,578
Ownership Interest: Fee Simple
Exclusions: Tenant's personal property
Business Type: Apartment Building


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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 August 2, 2026, 1:05 PM ET