143-159 E KING #MULTIPLE
LANCASTER, PA 17602
Sold Price: $1,440,000
List Price: $1,440,000
Sold Date: Apr 15, 2024
Sq. Ft.: 12,840
Type: Commercial
Listing #PALA2038186
The $1,440,000 Investment Package includes 10 units with:-7 storefronts 6 Tenants-3 office condos 1 Tenant. The residential units not included in the investment package. INVESTMENT COMMERCIAL PACKAGE SUMMARYThe Historic East Side Investment at 145-159 East King Street in Lancaster, is a mixed use investment including commercial and residential condominiums at Historic East Side Condominiums. The entire complex includes a total of 27 units including storefronts, offices and 17 residential units. The 17 residential units are not part of the Commercial Investment Package . Historic East Side Suites is owned by a partnership of executives from Wohlsen Construction Company and John Meeder of Meeder Development. Historic East Side was redeveloped in 2011 and involved a near total rebuild of all of the structure inside of the historic brick walls. Even the facade of the 145 East King Street Building had to be removed from the building and then replaced brick by brick. The units have very little unit to unit sound transfer due to the design of the redevelopment and the quality of the construction. The retail storefronts and office uses at Historic East Side have frontage on King Street that offers excellent exposure to local foot and vehicular traffic. The residential units have their primary entrance behind the buildings and benefit from the quiet neighborhood feel of Grant Street. This investment offers a well managed and stable property with exceptional construction quality. The Historic East Side Condominium Association is responsible for the facility management. This allows the Investment Package Owners to focus on maintaining occupancy. If the new owner is looking for more fee income, the Association management is available. Both the Historic East Side Investments and the Association are managed with the assistance of the Buildium Property Management System, a software that enables the payment of monthly fees and rents to be paid online.John Meeder is the developer and part owner of the property and is a licensed real estate professional in the Commonwealth of Pennsylvania.
Buyer's Agent: John Meeder
Listing Agent: John Meeder
Listing Agent: John Meeder
Property Features
County: LANCASTER
Municipality: LANCASTER CITY
MLS Area: Lancaster City (10533)
Heating: 90% Forced Air
Heating Fuel: Natural Gas
Cooling: Central A/C
Floors: Carpet, Engineered Wood
Is New Construction: No
Roof: Flat, Rubber
Septic or Sewer: Public Sewer
Building Total Area (Sq. Ft.): 12,840
Transportation: Airport less than 10 miles, Bus Stop less than 1 mi
ListDate: 2023-07-23 00:00:00.0
Property Type: COM
Property SubType: Commercial Sale
Year Built: 1846
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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 February 1, 2026, 11:34 PM ET
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