451 S Prince St, Lancaster, PA 17603

$595,000

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List Price
$595,000
Status
ACTIVE
Days on Market
10
MLS#
PALA2096992
Subtype
Commercial Sale
Year Built
1936
Lot Size
8,712
Acres
0.20
Subdivision
Downtown Lancaster
MLS Area Major
Lancaster City (10533)

Property Description

Excellent opportunity to acquire a mixed-use property at 451 S. Prince Street in Lancaster City. Ideal for investors, owner-operators or buyers seeking a home with income potential, the property combines a functioning automotive repair garage with a spacious, recently renovated apartment above. The apartment is ready for occupancy or rental, while leasing the garage could provide an additional income stream. The garage offers approximately 4,000 square feet of work and service space, three bay doors providing front and rear access, and 10 parking spaces. Positioned along a busy corridor, the property benefits from strong visibility for an automotive business. A recently installed roof represents a $20,000 improvement. With options for personal occupancy, business use or rental income, this property offers flexibility in a convenient Lancaster City location.

Additional Information

Taxes
$5,204
Zoning
MIXED USE
Heating
Other
Air Conditioning
Other
School District
School District Of Lancaster

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Listing courtesy of Compass Real Estate, LLC. Contact: