$122,400

800 S QUEEN STREET, LANCASTER, PA 17603, US

Summary

Year Built: 2024

Moving Quotes

primary photo for 800 S QUEEN STREET, LANCASTER, PA 17603, US

Remarks

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.

Details

MLS#: PALA2046166
Price: $122,400

Year Built: 2024

County: LANCASTER

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Broker Contact

Compass Real Estate, LLC
320 Granite Run DRIVE
Lancaster, PA, 17601
US
Richard Wolman
! (717) 431-8300
! info@compass-pa.com
! Website

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Bright MLS
Last updated: 2024-01-25T13:47:14.000-05:00.
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