39 E Chestnut Street, Lancaster, PA 17602 | MLS PALA2029498 | Listing Information | Berkshire Hathaway HomeServices Homesale Realty | Berkshire Hathaway HomeServices Homesale Realty
Off Market
$6,500,000  

39 E Chestnut Street
Lancaster, PA 17602

Office, Business Opportunities
Commercial
36,655
Sq. Ft.
N/A
Acre Lot
Courtesy: PPM Real Estate, Inc.
See Brochure under Documents. Property is offered as an investment or partial Owner Occupant. Currently, the Property offers 4 existing Tenant suites and 44 secure parking spaces in lower level garage. Projected CAP rate is 8.7% at full occupancy. The available space is Class A commercial space and includes parking - a rare find in the central business district. Site includes 39 East Chestnut Street & 202 North Duke Street. Property is 34,111+/- sq. ft. (not including garage). This building is 100% sprinklered, has heavy IT/data wiring, high efficiency HVAC systems, is ADA compliant and situated on the corner of Chestnut/Duke Streets with 2 adjacent public parking garages. Building was previously home to the Lancaster City Police Station and Firehouse before being developed into the office and retail center it is today. Preliminary studies suggest that the building can support additional levels if the site were to be developed with additional stories added. | The available office space can be subdivided and offers several offices/conference rooms which are wired for projectors, open space with existing work stations, private restrooms, furnished break room, direct glass door entrance from Duke Street and direct Elevator access from first floor lobby & secure garage. | Existing Tenants include: Pennsylvania Probation & Parole Administrative Office & PA Options For Wellness. See brochure for lease terms.
PALA2029498
Office, Business Opportunities, Other
LANCASTER
1954
Public
Brick
Public Sewer
36,655 Sq. Ft.
Natural Gas Available
Interior Features
Flooring
Ceramic Tile, Vinyl, Carpet
Cooling
Central Air
Heating
Gas Heat. Forced Air, Central.
Additional Interior Features
Elevator
Exterior / Lot Features
Parking
44 Parking Spaces. On Street.
Exterior
Brick
Lot Dimensions
0.00 x 0.00
Financial Considerations
336-09389-0-0000
$117,300
Courtesy: PPM Real Estate, Inc.
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
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