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Historic Office Building with Parking
For Sale
Contact for pricing
Pending

48 50 W Chestnut Street, Rohrerstown, PA 17603

Multi-tenant office property with available space, on-site parking, and a downtown Lancaster setting.

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

Property Features for 48 50 W Chestnut Street

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
Construction 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 30 Last Checked: Apr 11 at 5:34PM

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.

This office property occupies a 77,135-square-foot building on 1.48 acres at 48–50 W Chestnut St. The structure contains 62,135 square feet of leasable area, divided among four condominium units. Current occupancy includes 25,230 square feet leased to four tenants, including the US Postal Service, while 36,905 square feet remains available for one or more occupants.

Constructed for the US Post Office during the 1920s, the building was designed under the supervision of architect James A. Wetmore. More than 70 parking spaces are located on the property, with an adjacent parking garage providing additional parking nearby. The rear parking lot is identified as having potential for additional development. The property is situated in downtown Lancaster, Pennsylvania.

Key Highlights

  • 77,135‑square‑foot office building on 1.48 acres
  • 62,135 square feet of leasable area across 4 condo units
  • 25,230 square feet leased to 4 tenants, including the US Postal Service

Property Analytics

Current Use

Diversified Data Services-Call ... Computer & Electronic Repair

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

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

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

What type of property is this?
Office building - Multi-tenant office property with available space, on-site parking, and a downtown Lancaster setting.
Where is this office building located?
The property is located at 48 50 W Chestnut Street Rohrerstown, PA.
What are key features of this property?
This property features: 77,135‑square‑foot office building on 1.48 acres; 62,135 square feet of leasable area across 4 condo units; 25,230 square feet leased to 4 tenants, including the US Postal Service
More about this property
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