1 W CHESTNUT, Lancaster, PA 17603
Listed by Corinn Kirchner • PPM Real Estate, Inc.
$50,220
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0.32 Acres Lot
Price Dropped by $13K

1 W CHESTNUT Lancaster, PA 17603

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Additional details
Alexandra DiFilippo

Alexandra DiFilippo

+1(856) 298-9699

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Rent

MLS Listing ID PALA2056642

Year Built 2023

Lot Size 0.320 Acres

Acres 0.32

Lot Dimensions 0.00 x 0.00

Property Sub-Type Retail

Source BRIGHT

Property Description

NEW CONSTRUCTION! This first-floor retail space offers +/- 2,790 sq ft (subdividable) in the Central Business District, positioned at a prime corner shared by The Holiday Inn, Imperial Restaurant, QSB Restaurant-Lounge, and Lancaster County Offices. Situated within a 12-story apartment building, this location boasts excellent visibility and ample signage at the corner of North Queen Street and East Chestnut Street. With a 100% walkability score, abundant garage and street parking adjacent to
the building, and 142 residences providing built-in customers, this space is ideal for a restaurant, cafe, office, professional, medical, or retail/service business. The property features full glass storefronts wrapping around the perimeter, offering maximum exposure. For restaurant use, the tenant has the option to add a grease duct and exhaust. The shell delivery includes two restrooms, a finished ceiling, concrete floors, an HVAC system, a 200-amp electric panel, and 17-foot ceilings (to the underside of the second floor). Monthly Rent range is $18.00 - 23.00/SF based on overall lease terms (NN lease with no CAM fee) | Estimated NN Costs: $4.50/SF for taxes and insurance | Tenant Responsibilities: Utilities, water/sewer/trash. The landlord offers a $25/SF TIA for a qualified tenant signing a minimum 7-year lease. Potential for demising into two suites is also available.

Location

State PA

County Lancaster

Area Lancaster City (10533)

Zoning CENTRAL BUSINESS DISTRICT

Interior

Hot Water Electric

Heating Central

Cooling Central A/C

Heat Source Natural Gas

Exterior

Water Access N

View City

Accessibility Level Entry - Main, 2+ Access Exits

Garage N

Building

Sewer Public Sewer

Water Public

New Construction Y

Schools

School District School District Of Lancaster

Others

Tax ID 331-61199-0-0000

Ownership Other

Bright MLS (BMLS)

Nearby School & Business

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Alexandra DiFilippo

Alexandra DiFilippo

Agent License ID: 1646832

+1(856) 298-9699

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