$18.00 Per Sq Foot $657 est/mo Sourced by Back At You

800 S Queen St,Lancaster, PA 17603

Lancaster PA, 17603

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Description

Lancaster’s iconic Rebman’s store to be redeveloped into a mixed-use complex including 52 apartment units (25 market and 27 affordable) and offering 6,800 +/- SF of commercial space. Strategically located in Lancaster City , in the Opportunity Zone and LERTA (Local Economic Revitalization Tax Assistance) tax district. Strong preference for a grocery or convenience store tenant at the property (concept renderings under Documents). Developer can offer $500,000 to support developer-approved grocery store fit-out, which will be amortized into initial lease term. Groundbreaking started in November 2023 with demolition and site preparation. Developer has received the permit for a retaining wall and contractor has been engaged. The project is expected to pre-lease by late summer and accept the first tenants in late fall 2024. Asking lease rate is $18/SF NNN for vanilla shell commercial space. See listing agent for additional information.

Details

MLS#PALA2046166
Listing TypeFor Lease
Sub-TypeNew Construction
StatusActive
Year2024
Days On Site172
Listing Provided ByCompass Real Estate, LLC | Deepa Balepur
Buying Commision3% Of Ye

Features

ZoningCOMMERCIAL URBAN
Acreage1.39

Market Activity 17603

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Listings Checked: 41 minutes ago
StatePA
CountyLancaster
CityLancaster
Zip Code17603
AreaLancaster City
School DistrictSchool District Of Lancaster
Listing VS Median (in 17603)
Price:
$122,400
low | high
Med:
$273,700
73.611111111111% of Average
On Site:
172
low | high
Med:
50.500000
100% of Average
Sourced by Back At You
Listing Updated: June 1, 2024 at 12:34:06 AM PDT