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$5,800,000
242 Days On Site

200 N Duke St
Lancaster, PA 17602

For Sale|Commercial Sale|Active
0
Beds
0
Full Baths
0
Partial Baths
36,655
SqFt
$158
/SqFt
1954
Built
County:
LANCASTER
Listing courtesy of PPM Real Estate, Inc.
Call Now: 301-793-3614
Is this the home for you? We can help make it yours.
301-793-3614
200 N Duke St200 N Duke St200 N Duke St200 N Duke St
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***CALL FOR OFFERS: All offers will be presented!*** Property is offered as an investment or Owner Occupant. 4 Tenant Spaces + a 44 car parking garage. Currently 2 of the spaces are leased to stable long term Tenants. Available space for owner occupant or new end user is about 13,000sf at 200 North Duke Street, plus 3,500sf Firehose retrofitted for retail use at 202 N Duke Street. Additionally there are a few large offices on the first floor of 39 East Chestnut Street that are available. Projected cap rate at full occupancy is 8.78%. Current NOI from the 2 tenants is a 4.2% cap rate at the $5.8mm sale price. 34,111+/- sq. ft. Total (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, services and retail center it is today. 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. 3-4 Additional parking spaces are located behind the building and are well suited for the Firehouse future occupant. Tours of the vacant space can happen with little notice. Occupied areas of the building require advance notice for scheduling.

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Listing Snapshot
Price 
$5,800,000
Days On Site 
242 Days
Bedrooms 
N/A
Inside Area (SqFt) 
36,655 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1954
MLS® Number 
PALA2050138
Status 
Active
Property Tax 
$119,637.33
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoPrice changed to $5,800,000
2 months agoListing updated with changes from the MLS®
8 months agoListing first seen on site
General Features
Parking 
On Street
Parking Spaces 
44
Sewer 
Public Sewer
SqFt Total 
36655
Utilities 
Natural Gas Available
Water Source 
Public
Interior Features
Cooling 
Central Air
Flooring 
Ceramic TileCarpetVinyl
Heating 
Forced AirCentralNatural Gas
Interior 
Elevator
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Exterior Features
Construction Details 
Brick
Community Features
MLS Area 
Lancaster City (10533)
Listing courtesy of PPM Real Estate, Inc.



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
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