United StatesPennsylvaniaLancaster221-223 W KING Street

221-223 W KING Street
221-223 W KING Street Lancaster, Pennsylvania 17603 United States

$2,548,500
 Get directions
 

Capstone Commercial

$2,548,500
Change Currency
.22 Acres
Exterior
Commercial
Property type
1920
Year Built
PALA2046434
Web Id
PALA2046434
MLS ID
Lancaster
School District
141
days ago

About 221-223 W KING Street

15 Unit Property - 13 Residential Units & 2 Commercial Units- Seller open to holding a second mortgage- see agent for details. Just off a top-to-bottom renovation that brought fresh andinnovative ideas, the Kings Place Apartments is a 15-unit propertyset up for long term cash flow and appreciation. Units have beenthoughtfully designed to provide all the amenities tenants wany in anefficient and comfortable space. Each unit includes a washer & dryer,dishwasher, granite counters, luxury vinyl plank floors, tilebathrooms, gleaming white cabinets, stainless steel appliances, andmuch moreThe building has been outfitted with new electric, HVAC, plumbing,new doors, and upgraded hallways. There are 16 on-site parkingspaces, which are leased separately to tenants and neighbors. Theproperty has a detached "Carriage House" in the rear that is acomplete house with a 1 car garage, 3 bedrooms, and an open livingspace.The ground floor front has 2 commercial spaces. One is leased on a5-year initial term with options to Denim Coffee, a regional favoriteand established brand. The second space has a tenantlined up.Located in rapidly appreciating neighborhood of Lancaster City with future benefit from CRIZ programs.

Listing Courtesy of Capstone Commercial

The data relating to real estate for sale comes in part from Keystone Multi-List. Real estate listings held by brokerage firms other than Anne Lusk Sotheby's International Realty are marked with the Broker Reciprocity logo and information about them includes the name of the listing broker. All information provided is deemed reliable but is not guaranteed and should be independently verified. This IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

features

cooling
Electric

PROPERTY INFORMATION

Cooling
Ductless/Mini-Split
Heating
Forced Air
Sewer
Public Sewer

ADDITIONAL INFORMATION

Body of Water
Public
This Lancaster Commercial is for Sale at $2,548,500 and was built in 1920. Has on a lot of .22 Acres.

 

Capstone Commercial

Contact Agent