1 W Chestnut, LANCASTER, PA

$64,170

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2,790

Square feet

0.32

Acres

About 1 W Chestnut

NEW CONSTRUCTION! This first-floor retail space offers +/- 2,790 sq ft (subdividable) in the Central Business District, positioned at a prime corner shared by The Holiday Inn, Imperial Restaurant, QSB Restaurant-Lounge, and Lancaster County Offices. Situated within a 12-story apartment building, this location boasts excellent visibility and ample signage at the corner of North Queen Street and East Chestnut Street. With a 100% walkability score, abundant garage and street parking adjacent to the building, and 142 residences providing built-in customers, this space is ideal for a restaurant, cafe, office, professional, medical, or retail/service business. The property features full glass storefronts wrapping around the perimeter, offering maximum exposure. For restaurant use, the tenant has the option to add a grease duct and exhaust. The shell delivery includes two restrooms, a finished ceiling, concrete floors, an HVAC system, a 200-amp electric panel, and 17-foot ceilings (to the underside of the second floor). Monthly Rent: $23.00/SF (NN lease with no CAM fee) | Estimated NN Costs: $4.50/SF for taxes and insurance | Total Monthly Rent: $6,396.75 | Tenant Responsibilities: Utilities, water/sewer/trash. The landlord offers a $25/SF TIA for a qualified tenant signing a minimum 7-year lease. Potential for demising into two suites is also available.

Features of 1 W Chestnut

MLS® # PALA2056642
Price $64,170
Bathrooms 0.00
Square Footage 2,790
Acres 0.32
Year Built 2023
Type Commercial Lease
Sub-Type Retail
Status Active

Community Information

Address 1 W Chestnut
Area Lancaster City (10533)
City LANCASTER
County LANCASTER-PA
State PA
Municipality LANCASTER CITY
Zip Code 17603

Amenities

View City
Is Waterfront No

Interior

Heating Central
Cooling Central A/C
Fireplace No
# of Stories 12
Has Basement No

Exterior

Exterior Concrete/Block, Brick and Siding

School Information

District SCHOOL DISTRICT OF LANCASTER

Additional Information

Zoning CENTRAL BUSINESS DISTRICT
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficePPM Real Estate, Inc.
Contact Info7173943374

Listing Map

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