39 E Chestnut St, LANCASTER

$7,000,000

0 Bed
0 Bath
34,111 Sqft
0 Acre
0 Garage

Site includes 39 East Chestnut Street & 202 North Duke Street. Total 34,111+/- sqft Downtown Commercial Property with 4 Tenants and 44 secure underground parking spaces. Investment OR possible owner occupant as approx. 15,000 sf will be available later this year (easy to further subdivide that available sq. ft. if desired). Sale price is approx. 8% CAP Rate with current rents. 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. The available suite offers several offices/conference rooms which are wired for projectors, open space for work stations, private restrooms, private glass door entrance from Duke Street and direct Elevator access from first floor lobby. Tenants include: Pennsylvania Probation & Parole Administrative Office, PA Options For Wellness, Festoon Boutique (in 202 N Duke Street), and Nielsen who is vacating the available suite 10/31/21, however the suite can be available sooner. All leases are NNN except the PA Probation/Parole office which is a fully gross lease; See brochure for details.

Essential Information
MLS® #PALA183674
Price$7,000,000
Bathrooms0.00
Square Footage34,111
Acres0.00
Year Built1954
TypeCommercial Sale
Sub-TypeCondo, Office
StatusActive
Community Information
Address39 E Chestnut St
AreaLancaster City (10533)
CityLANCASTER
CountyLANCASTER-PA
StatePA
MunicipalityLANCASTER CITY
Zip Code17602
Senior CommunityN
Amenities
ParkingPrivate
Utilities

Natural Gas Available, Electric Available

Parking Type

Private Garage, On Street, Public Garage

Interior
HeatingCentral, Forced Air
CoolingCentral A/C
Central AirY
Exterior
ExteriorBrick and Siding
New ConstructionN
School Information
DistrictSCHOOL DISTRICT OF LANCASTER
Additional Information
Date ListedJune 8th, 2021
Days on Market103
ZoningCENTRAL BUSINESS DISTRICT
Listing Details
This (property or listing) is courtesy of Progressive Property Mgmt.
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Listing information last updated on September 18th, 2021 at 1:31pm EDT.