301 & 341 E Liberty Street Listing Details & Market Data

301 E Liberty St, Lancaster, PA 17602

  • For Sale $5,300,000
  • Property Type Industrial - Flex - Industrial
  • Property Size 67,000 SF
  • Lot Size 2.3 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1922
  • Year Renovated 2022
  • Date Updated Apr 9, 2024
  • Column Spacing 16.0'
  • Dock High Doors 8
  • Fire Sprinklers None
  • HVAC None
TBDRedevelopment site for sale consisting of 2.3 acres of land in Lancaster City with improved buildings. The zoning was successfully changed to Mixed Use recently which will allow for a potential density of 148 apartment units. The site consists of a 3 story building which is currently a mix of office and industrial uses on the east end of the parcel, and a collection of industrial buildings on the west end of the parcel. Architectural renderings show a 104 unit apartment building on the west end which would call for the removal of industrial buildings. There are also plans for the renovation of existing buildings on the east end to accommodate an additional 44 units. The existing parking plan provides 126 parking spaces on site. A parking variance would be required to provide relief from the parking requirement of 1 space per unit.Mixed-use property with flexible zoning that allows for a wide range of uses. The site has multiple industrial suites available with clear heights ranging from 10' - 24' clear and dock access. Beautiful loft style office suites are also available ranging from 990 SF up to 3,500 SF with large windows. Short terms rentals are preferred.

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Highlights

  • Redevelopment site for up to 148 apartment units
  • Income in place from existing tenants
  • Rendering completed for 104 unit building on the west side of the parcel
  • Existing plan for renovation of the building on the east side for 44 units
  • Zoning permits Multifamily by special exception
  • Hard to find redevelopment site located within the rapidly growing Lancaster City
  • Site is only 3 blocks from the Lancaster train station
  • Walkable to Lancaster General Hospital and Downtown amenities
  • Accommodates significant street level parking, standing out from other apartment sites in Lancaster
  • Quick access to the surrounding area with an entrance to Route 30 only 1.4 miles from the site

Contacts

broker

Naomi Brown

Capstone Commercial

(717) 819-2825

Location

Getting Around

  • Walk Score ®

    Very Walkable (83)
  • Bike Score ®

    Bikeable (60)
Powered by Walk Score ®
  • City Lancaster, PA
  • Neighborhood Ross
  • Zip Code 17602
  • Market Harrisburg

Points of Interest

  • Lancaster

    0.33 miles

  • Strasburg

    8.92 miles

  • US Gas

    0.59 miles

  • Turkey Hill

    0.67 miles

  • Turkey Hill

    0.83 miles

  • Sheetz

    1.01 miles

  • Sunoco

    1.03 miles

  • Turkey Hill

    1.08 miles

  • Sheetz

    1.13 miles

  • Sunoco

    1.17 miles

  • Turkey Hill

    1.97 miles

  • Sunoco

    2.03 miles

  • Red Rose Transit Authority Parking Garage

    0.85 miles

  • Student Parking

    0.87 miles

  • Duke Street Parking Garage

    0.87 miles

  • Admission Parking

    0.93 miles

  • Richards Hall Parking

    0.99 miles

  • Prince Street Parking Garage

    1.00 miles

  • Grant Street Parking Lot

    1.01 miles

  • Cokesbury and Resident Parking

    1.03 miles

  • Faculty, Staff and Vistor Parking

    1.06 miles

  • Hagers

    1.09 miles

  • Marshalls

    0.56 miles

  • Lancaster Shopping Center

    0.81 miles

  • Whole Foods Market

    1.03 miles

  • Giant

    1.04 miles

  • Nordstrom

    1.05 miles

  • Target

    1.14 miles

  • Weis

    1.27 miles

  • Burlington

    1.47 miles

  • ALDI

    1.67 miles

  • Stauffers of Kissel Hill

    1.71 miles

Contact Listing Broker

broker

Naomi Brown

Capstone Commercial

(717) 819-2825