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800 S Queen Street
Lancaster, PA 17603

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Property Details


List Price: $122,400
Beds: --
Baths: --
Status: Active
SqFt: --
Agency: Compass Real Estate, LLC

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Description/Comments


Lot Size: 1 acre(s)
Property Type: Commercial
Year Built: 2024
Notes: Lancaster’s iconic Rebman’s store to be redeveloped into a mixed-use complex including 52 apartment units (25 market and 27 affordable) and offering 6,800 +/- SF of commercial space. Strategically located in Lancaster City , in the Opportunity Zone and LERTA (Local Economic Revitalization Tax Assistance) tax district. Strong preference for a grocery or convenience store tenant at the property (concept renderings under Documents). Developer can offer $500,000 to support developer-approved grocery store fit-out, which will be amortized into initial lease term. Groundbreaking started in November 2023 with demolition and site preparation. Developer has received the permit for a retaining wall and contractor has been engaged. The project is expected to pre-lease by late summer and accept the first tenants in late fall 2024. Asking lease rate is $18/SF NNN for vanilla shell commercial space. See listing agent for additional information.
MlsNumber: PALA2046166


Listing Provided By: Compass Real Estate, LLC, original listing
Name: Compass Real Estate, LLC
Phone: (717) 431-8300
Office Name: Compass Real Estate, LLC
Office Phone: (717) 431-8300
Agent Name: Deepa Balepur
Disclaimer: Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


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