39 E Chestnut St, LANCASTER

$7,000,000

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

Investment Property or Partial Owner Occupant. Total Property offers 4 existing Tenant Suites, the largest of which is about 15,000sf and is fully furnished and available for lease at $20psf NNN, or move in ready for Owner Occupant. Site includes 39 East Chestnut Street & 202 North Duke Street. Total 34,111+/- sqft plus a secure underground parking garage offering 44 spaces. 9% CAP Rate with current and projected 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 with existing work stations, private restrooms, break room, direct glass door entrance from Duke Street and direct Elevator access from first floor lobby. 3 Current Tenants include: Pennsylvania Probation & Parole Administrative Office, PA Options For Wellness & Festoon Boutique (in 202 N Duke Street). All leases are NNN except the PA Probation/Parole office which is a fully gross lease; See brochure for details on income/expense.

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 Market232
ZoningCENTRAL BUSINESS DISTRICT
Listing Details
This (property or listing) is courtesy of PPM Real Estate, Inc.
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Listing information last updated on January 25th, 2022 at 6:52pm EST.