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Mixed-Use Retail Property
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1 W Chestnut Street, Lancaster, PA 17603

Commercial space is part of a downtown development with 142 residences positioned above it.

Property Size2,790 SF
Price / SF$0.01
Days on Market5

Property Features for 1 W Chestnut Street

General Information

Standard status Active
Size 2,790 SF
Property subtype Commercial
Listing Agency: Bennett Williams Commercial - York
Listed By: Blake Shaffer · License #RS336118
Source: Bennettwilliams
Added: Oct 9 Changed: Oct 11 Last Checked: Oct 12 at 4:36PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bennett Williams Commercial - York

Investment Insights

Based on property information with market context.

This mixed-use property contains 2,790 square feet of retail and commercial space. The retail component is within a modern development, with 142 residential units situated above it.

The property is in downtown Lancaster, Pennsylvania, among restaurants, shops, entertainment venues, and cultural attractions. Lancaster Central Market and other downtown destinations are a short distance away.

Key Highlights

  • 2,790 SF of retail and commercial space
  • 142 residential units above the retail space
  • Located in downtown Lancaster near Lancaster Central Market, restaurants, shops, entertainment, and cultural attractions

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Furniture & Home Goods Pet Store Pet Store & Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,872
Businesses Nearby
90k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 45% Dining 24% Shops & Services 21% Groceries 8%
Lancaster Marriott Hotels & Casinos
40,779 visits/mo 0.3 miles
McDonald's Dining
19,295 visits/mo 0.4 miles
Sunoco Shops & Services
8,706 visits/mo 0.2 miles
Bravo Supermarkets Groceries
6,864 visits/mo 0.3 miles
PNC Bank Shops & Services
2,904 visits/mo 0.3 miles

Demographics for 17603, PA

66,739
Population
28,142
Households
2.4
Avg Household Size
37
Median Age
37%
College-Educated
90%
High-School Grad
30.0 sq mi
ZIP Area
2,225
Density / Sq Mi
$77,156
Median Household Income
$40,043
Median Earnings
$1,265
Median Rent
$244,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial space is part of a downtown development with 142 residences positioned above it.
Where is this mixed-use property located?
The property is located at 1 W Chestnut Street Lancaster, PA.
What are key features of this property?
This property features: 2,790 SF of retail and commercial space; 142 residential units above the retail space; Located in downtown Lancaster near Lancaster Central Market, restaurants, shops, entertainment, and cultural attractions
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