PA
LANCASTER
17603
1 W CHESTNUT
1 W CHESTNUT, LANCASTER, PA 17603
Listing Type
commercial/industrial
Listing Status
active
20
$64,170

Home Details for 1 W CHESTNUT

Price
$64,170
Type
CommercialLease
Bedrooms
0
Bathrooms
0.0
Square feet
NaN
Year built
2023
Lot size acres
0.32
Garage
Days on site
92
MLS Listing#
PALA2056642
Listing courtesy: PPM Real Estate, Inc. - 7173943374
Property Description

NEW CONSTRUCTION! This first-floor retail space offers +/- 2,790 sq ft (subdividable) in the Central Business District, positioned at a prime corner shared by The Holiday Inn, Imperial Restaurant, QSB Restaurant-Lounge, and Lancaster County Offices. Situated within a 12-story apartment building, this location boasts excellent visibility and ample signage at the corner of North Queen Street and East Chestnut Street. With a 100% walkability score, abundant garage and street parking adjacent to the building, and 142 residences providing built-in customers, this space is ideal for a restaurant, cafe, office, professional, medical, or retail/service business. The property features full glass storefronts wrapping around the perimeter, offering maximum exposure. For restaurant use, the tenant has the option to add a grease duct and exhaust. The shell delivery includes two restrooms, a finished ceiling, concrete floors, an HVAC system, a 200-amp electric panel, and 17-foot ceilings (to the underside of the second floor). Monthly Rent: $23.00/SF (NN lease with no CAM fee) | Estimated NN Costs: $4.50/SF for taxes and insurance | Total Monthly Rent: $6,396.75 | Tenant Responsibilities: Utilities, water/sewer/trash. The landlord offers a $25/SF TIA for a qualified tenant signing a minimum 7-year lease. Potential for demising into two suites is also available.

Property Features
  • Cooling Information
    • Central A/C
  • Heating Information
    • Central
  • Water Features
    • Public
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Last Updated: 2024-12-06 03:26:20
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EXIT ELEVATE REALTY
1450 Grays Ferry Ave. 1st Floor, Philadelphia, PA 19143
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