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VRA Realty

operations@vrarealty.com +1(484) 800-1777

Listed by Corinn Kirchner • PPM Real Estate, Inc.

$ 83,259

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$ 83,259

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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Rent

MLS Listing ID PALA2043022

Year Built 1900

Property Sub-Type Retail

Source BRIGHT

Property Description

The best available space by Penn Square & the Lancaster Marriott & Convention Center! This first floor space has so much character and potential! Landlord has demolished all previous build out and this is a blank slate ready for its next life! High ceilings, large windows in the north and east walls, and visibility to all the locals and tourists visiting downtown Lancaster! This is eligible for CRIZ ($25k grant for improvements and $100k loan). Landlord prefers to have a restaurant open in this space but will entertain other uses. It is possible to expand the footprint to add restrooms outside of the exiting space, and to connect with the lower level to install a sizeable commercial kitchen downstairs (with hood), to maximize the space. If no expansion of the existing 3,620sf is needed, restrooms and hood/kitchen can be installed in this area. Rent is Gross at $23psf ($6,938/month) and includes all taxes, CAM and utilities. Tenant only pays for internet and janitorial.
Landlord is offering a $50 per sq ft Tenant Improvement Allowance to a qualified Tenant!
Note: If Tenant's use requires a higher amount of water, trash, gas, etc., Landlord may submeter the space for Tenant's use and/or require Tenant to have their own trash service. For a restaurant, there is a trash room available in the basement. (Note: the conduit lines in the middle of the space, shown in some of the photos, have been relocated to along the wall, creating a wide open space)

Location

State PA

County Lancaster

Area Lancaster City (10533)

Zoning CBD

Interior

Hot Water Other

Heating Central

Cooling Central A/C

Heat Source Natural Gas

Exterior

Water Access N

Accessibility Ramp - Main Level

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District School District Of Lancaster

Others

Tax ID 334-27380-0-0000

Ownership Other

Miscellaneous Air Conditioning,Common Area Maintenance,Electricity,Gas,Heat,Insurance,Sewer,Snow Removal,Taxes,Trash Removal,Water

Nearby Locations

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Beckie Barton

Director of Growth and Operations

+1(302) 588-7812 | beckie@vrarealty.com

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8 W KING #810 Lancaster, PA 17603