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800 South Queen Street

Lancaster PA 17603

60548 sq. ft.
Land
Currently for sale - view listing

Overview

Coming Soon! Opportunity to develop 52 residential units and over 6,700 s.f. of commercial / grocery space on a 60,548 s.f. site with 69 parking spaces in a prime submarket of Lancaster, PA. The site is situated in a Qualified Opportunity Zone for additional potential tax benefits to ownership. Current owners have secured municipal approval for the development plan, and the project may be delivered with up to $1.4m in state-backed low interest loans and/or subsidy. Ideally situated along an emerging corridor south of downtown, the site offers attractive unit layouts, ample parking, desirable commercial space, plentiful amenities, and an attractive value proposition for tenants and owners alike. As the Central Pennsylvania rental real estate market flourishes, take advantage of an entitled, tax-favorable investment opportunity in one of the state?s most dynamic cities! Drive-by only - do not attempt to enter property. Offering memorandum available upon request.

Features

60548 sq. ft. lot size
Land

Happy sellers in Lancaster

70%
70% of sellers in Lancaster reported that their sale price either exceeded or met their price expectations.

Lancaster stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Lancaster over the last 12 months.

Local market activity for land plots in Lancaster

In the last 12 months, 4 land plots similar to 800 South Queen Street, have been sold.

This represents a 43% increase in land plots sales when compared to the previous 12 months.

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