800 S Queen St Lancaster, PA 17603
Mixed-use complex with apartments and commercial space for lease.
Lot size:
1.39 AcresProperty Features for 800 S Queen St
General Information
- Standard status
- Active
- Lot size
- 1.39 Acres
Source:
Exprealty
Listing Agency: Compass Real Estate, LLC Listing Agent: Deepa Balepur
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Mixed-Use Complex with Commercial Space
The Rebman's store in Lancaster is being redeveloped into a mixed-use complex. The development will include 52 apartment units, with 25 designated as market rate and 27 as affordable housing. The property also offers approximately 6,800 square feet of commercial space. The location is in Lancaster City, situated within both an Opportunity Zone and a LERTA (Local Economic Revitalization Tax Assistance) tax district. There is a preference for a grocery or convenience store tenant. The developer can offer $500,000 to support a developer-approved grocery store fit-out, which will be amortized into the initial lease term. Groundbreaking commenced in November 2023 with demolition and site preparation. The developer has received the permit for a retaining wall and engaged a contractor. The project is expected to pre-lease by late summer and accept the first tenants in late fall 2024. The asking lease rate is $18 per square foot NNN for vanilla shell commercial space.
Location Intelligence
Current Use by Public Records
OZFund Inc.
Investment Company
Rebmans Apartments
Apartment Building
OTEC Innovation Group
Engineering Consultant
newearthgardencbd
Store
Silver Key Solutions
Software Company
Location Insight
- Map
- Local Demand
- City
- Lancaster
- County
- Lancaster
- State
- Pennsylvania
- Longitude
- -76.304513
- Latitude
- 40.024636
Nearby Similar for Lease
FAQs
What type of property is this?
Mixed-use property - Mixed-use complex with apartments and commercial space for lease.
Where is this mixed-use property located?
The property is located at 800 S Queen St Lancaster, PA.
What are key features of this property?
This property features: - Prime Lancaster City location within Opportunity Zone and LERTA tax district.; - Redevelopment of iconic Rebman's store into a mixed-use complex.; - 6,800 +/- SF of commercial space available.