800 S Queen Street
Lancaster,
PA
17603
Property Details
List Price: |
$122,400 |
Beds: |
-- |
Baths: |
-- |
Status: |
Active |
SqFt: |
-- |
Agency: |
Compass Real Estate, LLC |
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 |
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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. |