800 S QUEEN Street, Lancaster, PA 17603

Building Details

Year built

2024

Building materials

Combination

Listing agent Deepa Balepur License #RM425415 Show Phone

Listing office Compass Real Estate, LLC r***@Compass-PA.com 320 Granite Run Drive, Lancaster, PA Show Phone

Listing date Jan 25, 2024

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MLS# PALA2046166

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Overview

A mixed-use complex is under development, featuring 52 apartment units (25 market rate and 27 affordable) and approximately 6,800 square feet of commercial space. Located in Lancaster City, the property benefits from its location within an Opportunity Zone and a LERTA (Local Economic Revitalization Tax Assistance) tax district. Groundbreaking commenced in November 2023 with demolition and site preparation. The developer has obtained the permit for a retaining wall, and a contractor is currently engaged. The project is anticipated to be pre-leased by late summer, with the first tenants expected to be accommodated in late fall 2024. The developer shows a strong preference for a grocery or convenience store tenant. The developer can offer $500,000 to support developer-approved grocery store fit-out, which will be amortized into initial lease term. The asking lease rate for vanilla shell commercial space is $18 per square foot NNN. The property is situated on a 1.39-acre lot.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Lancaster

County

Lancaster

State

Pennsylvania

Longitude

-76.304512

Latitude

40.0246353

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FAQs

What type of property is this?

Mixed-use property - Mixed-use complex with apartments and 6,800 SF commercial space.

Where is this mixed-use property located?

The property is located at 800 S QUEEN Street Lancaster, PA.

What is the lease rate?

The lease rate is $122,400.

What are key features of this property?

This property features: Opportunity Zone and LERTA tax district location offers significant financial incentives.; **$500,000 available for developer‑approved grocery store fit‑out**, amortized into the initial lease term.; Strategically located in Lancaster City.