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Freestanding Retail/Industrial Building

858 MANOR Street Lancaster, PA 17603

858 MANOR Street, Lancaster, PA, 17603
$549,000
For Sale
$549,000

Commercial Sale - LANCASTER, PA

Property Size3,618 SF
Lot Size0.19 Acres
Price / SF$151.74
Days on Market37

Property Features for 858 MANOR Street

General Information

Property type
Other
Property subtype
Retail
Parking
8
Parking features
Parking Lot
Standard status
Active
Lot size
0.19 Acres

Taxes and HOA fees

Tax Annual Amount
8041

Utilities

Heating system
Heat Pump (Heating)
Cooling system
Central Air

Building Details

Year built
1949
Building materials
Brick
Listing Agency Bennett Williams Realty, Inc.
3528 Concord Road, York, PA
Listed by Joshua Miller · License #RS365967
Added: Jun 10 Checked: Jul 16 at 6:06 pm
MLS# PALA2088656

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.


Investment Insights

Based on property information with market context.

This freestanding commercial building offers a prominent storefront and showroom, supported by a functional warehouse and storage component. The property includes a side loading dock plus one dock door and one drive-in door, creating a practical mix of customer-facing space and operational loading capability. Off-street parking is available to support daily access and tenant operations within the building’s 0.19-acre lot.

Located at a signalized corner of Manor Street and Prospect Street in Western Lancaster City, the property is positioned next to Turkey Hill and near Manor Shopping Center. Public remarks indicate combined traffic counts exceeding 20,700 vehicles per day, contributing to strong street-level visibility for a retail, service, or specialty user.

The building’s storefront orientation, combined with in-city loading features, can fit users that need both walk-in presence and on-site storage or receiving. With C-2 commercial zoning noted in the listing, it also presents a flexible option for tenants and buyers seeking a ready-to-occupy configuration in a high-visibility commercial corridor.

Key Highlights

  • 3,618 SF freestanding commercial building with brick exterior and central air, plus heat pump heating
  • Signalized corner of Manor St and Prospect St, next to Turkey Hill and near Manor Shopping Center
  • Parking lot off‑street parking and prominent storefront/showroom layout

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $65.1k $18.00
− Vacancy −$4.3k −$1.19
EGI $60.8k $16.81
− OpEx −$18.2k −$5.04
NOI $42.6k $11.77
3,618 SF · lease $18.00/SF/yr · vacancy 6.60% · expense 30.00%

Alternative Uses

Best Use
Retail
$608.3K
$532.2K – $709.6K (±1% cap)
NOI $42,578 @ 7.0% cap · market cap 7.76%
Second Best
Warehouse
$349.5K
$305.9K – $407.8K (±1% cap)
NOI $24,468 @ 7.0% cap · market cap 4.46%
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M (±1% cap)
NOI $84,869 @ 7.0% cap · market cap 15.46%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Dantro Food Service ... Big Box & Wholesale Store Gates Firm Law Firm

Suggested Use

Real Estate Agency Dental Office Skin Care Clinic HVAC Service Plumbing Service Gym & Fitness Center Locksmith (Bike/Boat/Book/etc) Store Pharmacy (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Flex space - Freestanding 3,618 SF building with prominent storefront, showroom/warehouse layout, dock, drive-in door, and off-street parking.
Where is this flex space located?
The property is located at 858 MANOR Street Lancaster, PA.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 3,618 SF freestanding commercial building with brick exterior and central air, plus heat pump heating; Signalized corner of Manor St and Prospect St, next to Turkey Hill and near Manor Shopping Center; Parking lot off‑street parking and prominent storefront/showroom layout
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