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New Retail Space
For Sale
$52,805

118 N PRINCE STREET, Lancaster, PA 17603

First-generation storefront with modern finishes, HVAC, and an ADA restroom.

Property Size2,203 SF
Price / SF$23.97
Days on Market10

Property Features for 118 N PRINCE STREET

General Information

Standard status Active
Size 2,203 SF
Property subtype Commercial

Additional Details

Sprinkler System Yes

Building Details

Year Built 2026
Stories 7
Listing Agency: PPM Real Estate, Inc.
Listed By: Alexandra Ebert · License #RS340890
Source: Cummingsrealtors
Added: Jul 27 Changed: Jul 31 Last Checked: Aug 4 at 4:31AM

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 PPM Real Estate, Inc.

Investment Insights

Based on property information with market context.

This first-generation retail space offers approximately 2,203 square feet, including approximately 757 square feet of mezzanine area, within Gallery 118, a 7-story, 72-residence apartment building. The shell delivery includes an exposed ceiling, poured concrete floor, drywall-ready walls, one ADA restroom, sprinkler system, HVAC, a 200-AMP electric panel, perimeter outlets, and a basic lighting package. Large glass storefronts provide exposure along North Prince Street, while the flexible shell allows for a customized interior design.

The property is located in Downtown Lancaster’s Gallery Row, near restaurants, shops, art galleries, Fulton Theater, Central Market, and neighboring businesses including Passerine Restaurant, Liz Hess Gallery, LSJ Studio, and Red Raven Gallery. The storefront has visibility to 14,500+ cars per day and is near street parking on Water and Prince Streets, directly across from the Prince Street Garage.

Key Highlights

  • Approximately 2,203 SF of retail space, including approximately 757 SF of mezzanine
  • Located within Gallery 118, a 7‑story, 72‑residence apartment building
  • Large glass storefronts on North Prince Street with visibility to 14,500+ cars per day

Property Analytics

Current Use

Prince Street Park Park Sunrise Movement Lancaster Charitable Organization

Suggested Use

Top Pick Plumbing Service Locksmith (Bike/Boat/Book/etc) Store Veterinary Clinic Kitchen & Bath Showroom Carpet & Flooring Store

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

Lease Details

Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

4,772
Businesses Nearby
96k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 42% Dining 22% Shops & Services 20% Groceries 14%
Lancaster Marriott Hotels & Casinos
40,779 visits/mo 0.2 miles
McDonald's Dining
19,295 visits/mo 0.2 miles
Sunoco Shops & Services
8,706 visits/mo 0.1 miles
Bravo Supermarkets Groceries
6,864 visits/mo 0.2 miles
Save-A-Lot Groceries
6,114 visits/mo 0.4 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

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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - First-generation storefront with modern finishes, HVAC, and an ADA restroom.
Where is this retail space located?
The property is located at 118 N PRINCE STREET Lancaster, PA.
What is the asking price?
The asking price for this property is $52,805.
What are key features of this property?
This property features: Approximately 2,203 SF of retail space, including approximately 757 SF of mezzanine; Located within Gallery 118, a 7‑story, 72‑residence apartment building; Large glass storefronts on North Prince Street with visibility to 14,500+ cars per day
More about this property
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