Description
ICONIC PROPERTY in Downtown Lancaster for Owner-Occupant or Investment (projected 7% CAP Rate). This landmark 3-story brick building plus finished lower level features elevator access to all floors, direct interior connections to the Prince Street Parking Garage, expansive windows, private outdoor space by Binn's Park, indoor/outdoor atrium, custom upgrades, CAT 6 wiring, fob-secured access, auditorium and more. Ideally located one block from Penn Square in the heart of Lancaster City " walkable to the courthouse, Gallery Row, restaurants, hotels and entertainment. 99/100 Walk Score with signage exposure to over 20,000 vehicles per day. The building totals 77,294 SF (62,325 SF above grade) and is zoned CB1. Take advantage of the CRIZ tax, grants and loan incentives. Investor upside potential after lease-up at market rates. Alternatively, the flexible layout, first-floor retail potential and Class A finishes make it well-suited for an owner-occupant seeking a flagship headquarters in an unbeatable downtown location.
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0.53ACRES
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01/2 BATHS
Description
ICONIC PROPERTY in Downtown Lancaster for Owner-Occupant or Investment (projected 7% CAP Rate). This landmark 3-story brick building plus finished lower level features elevator access to all floors, direct interior connections to the Prince Street Parking Garage, expansive windows, private outdoor space by Binn's Park, indoor/outdoor atrium, custom upgrades, CAT 6 wiring, fob-secured access, auditorium and more. Ideally located one block from Penn Square in the heart of Lancaster City " walkable to the courthouse, Gallery Row, restaurants, hotels and entertainment. 99/100 Walk Score with signage exposure to over 20,000 vehicles per day. The building totals 77,294 SF (62,325 SF above grade) and is zoned CB1. Take advantage of the CRIZ tax, grants and loan incentives. Investor upside potential after lease-up at market rates. Alternatively, the flexible layout, first-floor retail potential and Class A finishes make it well-suited for an owner-occupant seeking a flagship headquarters in an unbeatable downtown location.
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