39 E Chestnut St

Estimated Monthly Payment: $31,921/mo 39 E Chestnut St, Lancaster, PA 17602 MLS# PALA183674 Commercial Sale Listing Status: Active
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REMARKS:

Site includes 39 East Chestnut Street & 202 North Duke Street. Total 34,111+/- sqft Downtown Commercial Property with 4 Tenants and 44 secure underground parking spaces. Investment OR possible owner occupant as approx. 15,000 sf will be available later this year (easy to further subdivide that available sq. ft. if desired). Sale price is approx. 8% CAP Rate with current rents. 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. The available suite offers several offices/conference rooms which are wired for projectors, open space for work stations, private restrooms, private glass door entrance from Duke Street and direct Elevator access from first floor lobby. Tenants include: Pennsylvania Probation & Parole Administrative Office, PA Options For Wellness, Festoon Boutique (in 202 N Duke Street), and Neilson who is vacating the available suite 10/31/21, however the suite can be available sooner. All leases are NNN except the PA Probation/Parole office which is a fully gross lease; See brochure for details.

OVERVIEW:

Commercial Sale
Active
BRIGHT
LANCASTER CITY
1954
Private
Central,Forced Air
Natural Gas
Central A/C
Public
Public Sewer
Natural Gas Available,Electric Available

FEATURES:

Ceramic Tile,Partially Carpeted,Vinyl

FINANCIAL:

7000000

Broker Reciprocity Courtesy of Progressive Property Mgmt.

 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Elfant Wissahickon Realtors shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

 

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