Prime Retail Space in
For Lease
$50,220
1 W Chestnut St, Lancaster, PA 17603
New construction retail space in a high-visibility, walkable location.
Space SizeContact for details
Lot Size0.32 Acres
Days on Market706
Property Features for 1 W Chestnut St
General Information
Standard status
Active
Lot size
0.32 Acres
Listing Agency:
PPM Real Estate, Inc.
(717) 394-3374
Listed By:
Corinn E. Kirchner · License #RM425642
(717) 394-3374
Source:
Exprealty
Added: Sep 6, 2024
Changed: Aug 8
Last Checked: Aug 8 at 6:01AM
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 new construction first-floor retail space offers approximately 2,790 square feet, subdividable, in the Central Business District. The property is located at a corner shared by The Holiday Inn, Imperial Restaurant, QSB Restaurant-Lounge, and Lancaster County Offices. Situated within a 12-story apartment building with 142 residences, the location offers visibility and signage at the corner of North Queen Street and East Chestnut Street. The property has a 100% walkability score, with garage and street parking adjacent to the building. This space is suitable for a restaurant, cafe, office, professional, medical, or retail/service business. The property features full glass storefronts wrapping around the perimeter. 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). Potential for demising into two suites is also available. Tenant Responsibilities include utilities, water/sewer/trash.
Key Highlights
- Prime corner location in the Central Business District offering high visibility and ample signage opportunities.
- Located within a 12‑story apartment building with 142 residences, providing a built‑in customer base.
- High walkability score (100%) and abundant parking (garage and street) for easy customer access.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
3,360
Businesses Nearby
Explore this area
Business Placement
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 Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Retail space - New construction retail space in a high-visibility, walkable location.
Where is this retail space located?
The property is located at 1 W Chestnut St Lancaster, PA.
What is the lease rate?
The lease rate is $50,220.
What are key features of this property?
This property features: Prime corner location in the Central Business District offering high visibility and ample signage opportunities.; Located within a 12‑story apartment building with 142 residences, providing a built‑in customer base.; High walkability score (100%) and abundant parking (garage and street) for easy customer access.
