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    Mixed-Use Complex in Lancaster City Title is generated by Realmo AI

    800 S QUEEN STREET, Lancaster, PA 17603

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    For Lease
    $122,400 SF/Yr $69,360,000/Mo (calc)

    Mixed-use complex with apartments and commercial space for rent.

    Type:Rental
    Property size:
    6,800 SF
    Lot size:
    1.39 Acres
    Added:
    Jan 25, 2024
    Days on Market:
    896
    Last Refresh:
    Jun 28 at 11:25 pm

    Property Features for 800 S QUEEN STREET

    General Information

    Standard status
    Active
    Size
    6,800 SF
    Lot size
    1.39 Acres
    Property subtype
    Rental

    Building Details

    Year Built
    2024

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    Deepa Balepur
    Deepa Balepur

    Listing office Compass Real Estate, LLC

    Listing date Jan 25, 2024

    Source Exitrealty

    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 Compass Real Estate, LLC

    HighLights

    • Opportunity Zone and LERTA tax district location offers significant financial incentives.
    • Prime Lancaster City location with high visibility and accessibility.
    • Developer offering $500,000 fit‑out allowance for a grocery store tenant.
    • New construction (Year Built: 2024) within a mixed‑use complex.
    • 6,800 +/- SF of commercial space available.
    • Projected tenant occupancy by late fall 2024.

    Overview

    The Rebman's store in Lancaster is being redeveloped into a mixed-use complex. The property will include 52 apartment units, with 25 designated as market rate and 27 as affordable housing. The complex will also offer approximately 6,800 square feet of commercial space. The property is strategically located in Lancaster City, within both an Opportunity Zone and a LERTA (Local Economic Revitalization Tax Assistance) tax district. There is a strong preference for a grocery or convenience store tenant. Concept renderings are available under Documents. The developer is offering $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 obtained the permit for a retaining wall, and a contractor has been engaged. The project is expected to pre-lease by late summer and welcome the first tenants in late fall 2024. The asking lease rate is $18 per square foot NNN for vanilla shell commercial space.
    Property Profile Location Intelligence

    Current Use by Public Records

    OZFund Inc. Corporate Office Rebmans Apartments Apartment Building OTEC Innovation Group Engineering Consultant newearthgardencbd Department Store Silver Key Solutions (Bike/Boat/Book/etc) Store

    Suggested Use

    Dental Office Skin Care Clinic Spa & Massage Center Plumbing Service Gym & Fitness Center Carpet & Flooring Store HVAC Service Tech Support Center (Bike/Boat/Book/etc) Store Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Lancaster
    State
    Pennsylvania
    Longitude
    -76.304513
    Latitude
    40.024636

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use complex with apartments and commercial space for rent.
    Where is this mixed-use property located?
    The property is located at 800 S QUEEN STREET Lancaster, PA.
    What is the lease rate?
    The lease rate is $122,400.
    What are key features of this property?
    This property features: Opportunity Zone and LERTA tax district location offers significant financial incentives.; Prime Lancaster City location with high visibility and accessibility.; Developer offering **$500,000 fit‑out allowance for a grocery store tenant.**
    More about this property
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