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Historic Office Building
For Sale
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Pending

48-50 W Chestnut St, Lancaster, PA 17608

Historic Indiana Limestone office property with leased space, additional capacity, and four condominium units.

Property Size77,135 SF
Lot Size1.48 Acres
Days on Market142

Property Features for 48-50 W Chestnut St

General Information

Standard status Pending
Size 77,135 SF
Net Rentable 62,135 SF
Lot size 1.48 Acres
Property subtype Office

Additional Details

Office Units 4

Building Details

Buildings 1
Building Size 77,135 SF
Construction Indiana Limestone
Tenancy Multi
Listing Agency: Berkshire Hathaway HomeServices Homesale Realty Lancaster
Listed By: Tim Shreiner · License #PA RS187003L
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 3:32PM

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 Berkshire Hathaway HomeServices Homesale Realty Lancaster

Investment Insights

Based on property information with market context.

The former post office at 48-50 W Chestnut St is a 77,135-square-foot office property on 1.48 acres in Downtown Lancaster. Constructed in the 1920s under supervising architect James A. Wetmore, the building features Indiana Limestone construction and is divided into four condominium units. The property is offered with all four units included.

Of the 62,135 square feet identified as leasable, 25,230 square feet is occupied by four tenants, including the US postal service. Another 36,905 square feet remains available for one tenant or multiple occupants. The rear parking lot also provides an area identified for potential additional development.

Key Highlights

  • 77,135‑square‑foot office building on 1.48 acres in Downtown Lancaster
  • 62,135 SF of leasable area, with 25,230 SF currently leased
  • 36,905 SF available for one or multiple tenants

Property Analytics

Current Use

United States Postal ... Post Office CREHQ Real Estate Agency Outdoor Income Partners Marketing & Advertising Security National Trust ... Financial Advisor Cornerstone Design-Architects Architect

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Pet Store Furniture & Home Goods Pet Grooming Service Pet Store & Service

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

4
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,772
Businesses Nearby

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Historic Indiana Limestone office property with leased space, additional capacity, and four condominium units.
Where is this office building located?
The property is located at 48-50 W Chestnut St Lancaster, PA.
What are key features of this property?
This property features: 77,135‑square‑foot office building on 1.48 acres in Downtown Lancaster; 62,135 SF of leasable area, with 25,230 SF currently leased; 36,905 SF available for one or multiple tenants
More about this property
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