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

Naomi Brown

Capstone Commercial

(717) 819-2825

Location

Getting Around

Walk Score ®
83/100 Very Walkable
Bike Score ®
60/100 Bikeable

Map
Street

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

American Bar and Grill

0.13 miles
Rosie’s Pizza & Grill

0.29 miles
Chez Mas

0.31 miles
Yang's Restaurant

0.35 miles
Superstar

0.36 miles
Rice & Noodles

0.38 miles
Boston Market

0.40 miles
Slugger's Pizzeria

0.43 miles
Route 66

0.46 miles
Neptune Diner

0.47 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

MRI Group

0.38 miles
LG Health Physicians Pediatric Hospitalists

0.44 miles
LG Health Physicians Trauma & Acute Care Surgery

0.45 miles
LG Health Physicians Comprehensive Care

0.45 miles
LG Health Physicians Plastic & Cosmetic Surgery

0.45 miles
Lancaster General Hospital

0.45 miles
LG Health Physicians Hospitalists

0.46 miles
Lancaster General Health Downtown Pavilion

0.47 miles
Emergency Room - Lancaster General Hospital

0.47 miles
LG Health Physicians Cardiothoracic Surgery

0.48 miles

Frequently Asked Questions

What is the lease rate for 301 & 341 E Liberty Street?

Rental asking rate at 301 & 341 E Liberty Street is $2,650,000.00/YR.

What is the total square footage of 301 & 341 E Liberty Street?

301 & 341 E Liberty Street totals 67,000 square feet.

When was this property built?

301 & 341 E Liberty Street was built in 1922.

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