800 S QUEEN ST
LANCASTER, PA 17603

$122,400

Sq. Ft.: N/A
Type: Commercial
Listing #pala2046166
Lancaster's iconic Rebman's store to be redeveloped into a mixed-use complex including 52 apartment units (25 market and 27 affordable) and offering 6,800 +/- SF of commercial space. Strategically located in Lancaster City , in the Opportunity Zone and LERTA (Local Economic Revitalization Tax Assistance) tax district. Strong preference for a grocery or convenience store tenant at the property (concept renderings under Documents). Developer can offer $500,000 to support developer-approved grocery store fit-out, which will be amortized into initial lease term. Groundbreaking started in November 2023 with demolition and site preparation. Developer has received the permit for a retaining wall and contractor has been engaged. The project is expected to pre-lease by late summer and accept the first tenants in late fall 2024. Asking lease rate is $18/SF NNN for vanilla shell commercial space. See listing agent for additional information.
Listing Courtesy of: Compass Real Estate, LLC (717) 431-8300
Property Features
Location Information
County: LANCASTER-PA
Municipality: LANCASTER CITY
Latitude: 40.02463531
Longitude: -76.30451202
MLS Area: Lancaster City (10533)
Directions: Prince Street (Rt 222) south to left on S. Queen Street. Property on left (corner of S. Queen Street and Furnace Street).
Interior Features
Heating: Other
Heating Fuel: Other
Cooling: Other
Water Heater: Other
Accessibility: No Stairs, Level Entry - Main, Other
Exterior Features
Is New Construction: Yes
Construction: Combination, Other
Septic or Sewer: Public Sewer
Electric: Other
Has Garage: No
Parking Spaces: 60
Lot Size in Acres: 1.39
Lot Size in Sq. Ft.: 60,548
Present Use: Vacant
Zoning: COMMERCIAL URBAN
Condition: Excellent
Building Total Area (Sq. Ft.): 0
Has Waterfront: No
Has Water Access: No
School
School District: SCHOOL DISTRICT OF LANCASTER
Additional Information
ListDate: 2024-01-25 00:00:00.0
Property Type: COM
Property SubType: CommercialLease
Year Built: 2024
Status: Active
Ownership Interest: Other
Business Type: Other/General Retail, Supermarket/Grocery Store


$ per month
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Monthly Tax: $
Monthly Insurance: $
Term
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Down Payment
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List Price:
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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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