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12 14 S Queen St, Lancaster, PA 17603

$860,000

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Sold Price: $860,000
List Price: $895,000
Status: CLOSED
Days on Market: 36
Closing Date: Apr 15, 2026
MLS#: PALA2075726
Subtype: Commercial Sale
Year Built: 1915
Lot Size: 2,178
Acres: 0.05
Subdivision: Downtown Lancaster
MLS Area Major: Lancaster City (10533)

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Property Description

Investment opportunity in Downtown Lancaster City across from the Lancaster County Convention Center and on the same block as the proposed Willow Valley Mosaic project. Located in the CB1 Central Business Core Zoning District, this fully leased property features two commercial spaces on the first floor and two large two-bedroom apartments - one on the second floor and one on the third. Both apartments are spacious, well maintained, and offer strong upside potential with their desirable layouts including living room, sitting/entrance room, dining room, storage/laundry room, and two bedrooms with a bathroom between. A private rear roof area presents additional possibilities, and the large basement provides ample storage. Commercial spaces utilize mini-splits with A/C. With long-term tenants in place, this turnkey property combines stability with upside opportunity in a prime, high-visibility downtown location just steps from the Marriott, Convention Center, Courthouse, Southern Market, Central Market, shopping, and dining. Don’t miss this rare opportunity.

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Additional Information

Taxes: $13,559
Zoning: CB1 CENTRAL BUSINESS CORE
Flooring: Wood, Other, Vinyl, Vinyl, Laminate, Carpet
Heating: Wall Furnace, Radiator(s), Hot Water
Air Conditioning: Ductless Mini-Split, Ceiling Fan(s)
Roof: Rubber
Foundation: Permanent, Stone
School District: School District Of Lancaster
High School: Mccaskey Campus