135- 137 COLLEGE AVE
LANCASTER, PA 17603
Sold Price:
$1,325,000
List Price:
$1,390,000
Sold Date:
Jul 24, 2026
Sq. Ft.:
N/A
Type:
Commercial
Listing #PALA2087588
Historic three-story downtown investment property full of charm and character, featuring 10 apartments in a prime location within walking distance to Franklin & Marshall College. This well-maintained building showcases original hardwood floors, timeless architectural details, and the classic appeal of a solidly built historic structure. Owner-managed for over 20 years, the property offers gas heat, separate electric meters for each unit, and on-site coin-op laundry. One vacant unit is currently being renovated, creating immediate upside potential. Low operating expenses contribute to a strong return, making this a rare opportunity to own a stable multifamily asset with solid income and enduring character in the heart of downtown.
Buyer's Agent: Minh Hue Le
Listing Agent: Paula G. Landis
Listing Agent: Paula G. Landis
Property Features
County:
LANCASTER-PA
Municipality:
LANCASTER CITY
MLS Area:
Lancaster City (10533)
Heating:
Radiator
Heating Fuel:
Natural Gas
Cooling:
Ceiling Fan(s), Window Unit(s), None
Floors:
Hardwood, Vinyl
Total Number of Units:
10
Accessibility:
2+ Access Exits
Stories:
3
Is New Construction:
No
Construction:
Brick
Roof:
Rubber
Septic or Sewer:
Public Sewer
Has Garage:
No
Parking Spaces:
0
Site Description:
Downtown
Lot Size in Acres:
0.1
Lot Size in Sq. Ft.:
4,356
Dimensions:
0.00 x 0.00
Building Total Area (Sq. Ft.):
0
Transportation:
Bus Stop less than 1 mile
Has Waterfront:
No
Has Water Access:
No
View Description:
City, Street
School District:
SCHOOL DISTRICT OF LANCASTER
ListDate:
2026-05-05 00:00:00.0
Property Type:
COM
Property SubType:
Commercial Sale
Year Built:
1890
Ownership Interest:
Fee Simple
Inclusions:
Coin Op Washer& Dryer; Appliances in each unit.
$ per month
Year Fixed. % Interest Rate.
| Principal + Interest: | $ |
| Monthly Tax: | $ |
| Monthly Insurance: | $ |
© 2026 Bright MLS - TREND, Central Penn, Keystone. All rights reserved.
© 2026 BRIGHT. All rights reserved.
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 August 2, 2026, 1:05 PM ET
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