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Historic Mixed-Use Property
For Sale
$1,295,000

223 N Water Street, Lancaster, PA 17603

Central business zoning, Prince Street frontage, and a parking garage directly behind the property.

Property Size31,400 SF
Price / SF$41.24
Days on Market326

Property Features for 223 N Water Street

General Information

Standard status Active
Size 31,400 SF
Property subtype Mixed Use

Additional Details

Road Access Yes

Amenities

3
(CB) CENTRAL BUSINESS
Parking.
On Street.
0.00 x 0.00

Building Details

Year Built 1890
Listing Agency: High Associates Ltd.
Listed By: Michael Bowser · License #RS329231
Source: Xome
Added: Oct 10, 2025 Changed: Aug 29 Last Checked: Aug 30 at 3:04PM

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 High Associates Ltd.

Investment Insights

Based on property information with market context.

Built in 1890, this approximately 31,400-square-foot mixed-use property is located at 223 N Water Street in Lancaster. The building has frontage along Prince Street and falls within the Central Business (CB) zoning district. The Water Street Parking Garage sits immediately behind the property and provides over 600 parking spaces.

The surrounding area includes restaurants, retail shops, educational institutions, a market, and arts destinations. The property is presently tax exempt, adding a notable characteristic for prospective owners evaluating the asset’s operating profile.

Key Highlights

  • Approximately 31,400 SF mixed‑use property
  • Built in 1890
  • Prince Street frontage

Property Analytics

Current Use

The Lizard Lounge Bar & Pub

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.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

4,953
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Central business zoning, Prince Street frontage, and a parking garage directly behind the property.
Where is this mixed-use property located?
The property is located at 223 N Water Street Lancaster, PA.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Approximately 31,400 SF mixed‑use property; Built in 1890; Prince Street frontage
More about this property
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