Corinn E. Kirchner PPM Real Estate, Inc.
This listing was posted on Corinn E. Kirchner PPM Real Estate, Inc. (via ListedBuy).
$6,200,000
200 N Duke St, Lancaster, PA 17602 - MLS PALA2050138
Price:
$6,200,000
Location:
200 N Duke St, Lancaster, PA
Description:
See Brochure under Documents. 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 8.9%. Current NOI from the 2 tenants is a 4% cap rate at the $6.2mm 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. Still available at ListedBuy!
Property Type:
Commercial & Office Space for Sale
Sq feet:
13,000 sq. ft.
Amenities:
Elevator, Parking
For sale by:
Agent/Broker
Agent Name:
Corinn E. Kirchner PPM Real Estate, Inc.
Posted:
May 16 on ListedBuy
Visit Our Partner Website
This listing was posted on another website. Click here to open: Go to Corinn E. Kirchner PPM Real Estate, Inc. (via ListedBuy)
Important Safety Tips
These might be signs of fraud:
- Really cheap prices
- Irregular email adresses
- Contact info in pictures
To learn more, visit the Safety Center or click here to report this listing.
More About this Listing: 200 N Duke St, Lancaster, PA 17602 - MLS PALA2050138
200 N Duke St, Lancaster, PA 17602 - MLS PALA2050138 is a Commercial Real Estate for Sale at 200 N Duke St in Lancaster PA. Find other listings like 200 N Duke St, Lancaster, PA 17602 - MLS PALA2050138 and listings near 200 N Duke St by searching Oodle Classifieds for Commercial Real Estate for Sale in Lancaster PA.
200 N Duke St, Lancaster, PA 17602 - MLS PALA2050138 is a Commercial Real Estate for Sale at 200 N Duke St in Lancaster PA. Find other listings like 200 N Duke St, Lancaster, PA 17602 - MLS PALA2050138 and listings near 200 N Duke St by searching Oodle Classifieds for Commercial Real Estate for Sale in Lancaster PA.