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    1850 William Penn Way Lancaster, PA 17601

    For Lease
    $23 SF/Yr

    Class A Office Suites, 1,816-3,553 sq ft

    Lot size:
    8,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Lancaster, PA office space at 1850 William Penn Way offers a prime location within a business park setting. The first-floor suite, totaling 3,553 square feet, is adaptable and can be divided into two smaller units of 2,381 and 1,172 square feet, providing flexibility for various business needs. The property features abundant natural light, creating a bright and welcoming atmosphere. The layout thoughtfully incorporates a blend of open collaborative areas perfect for teamwork and individual private offices ensuring privacy and focus. A key feature is a private patio area, offering an outdoor space for relaxation or informal meetings. Internal amenities include a dedicated workroom, a convenient kitchenette/breakroom for employee convenience, and a spacious conference room with stunning views of one of the property's ponds. The building offers ample parking with 75 spaces available for tenants and their guests. The property is zoned for business park use, ensuring compatibility with a wide range of professional businesses. This Class A office space presents a unique opportunity to establish a thriving business in a desirable and well-equipped setting. The address is 1850 William Penn Way, Lancaster, PA 17601.

    Property Features for 1850 William Penn Way

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,200 SF

    Unit(s) available at that property

    Space
    Suite 109
    Size
    2,831 SF
    Rate per SF
    $23
    Space
    Suite 110
    Size
    3,553 SF
    Rate per SF
    $23
    Space
    Suite 201
    Size
    1,816 SF
    Rate per SF
    $23

    HighLights

    • 1850 William Penn Way, Lancaster, PA 17601: 3,553 SF first‑floor office suite in a business park.
    • Divisible into two smaller suites (2,381 SF and 1,172 SF).
    • Abundant natural light, private patio, and stunning pond views.
    • Amenities include a workroom, kitchenette/breakroom, and conference room.
    • 75 parking spaces and business park zoning.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mark Green, Liberty ... Insurance Agency Bellomo & Associates, LLC Attorney Shiron Jones, Insurance ... Insurance Agency Shiron Jones, Insurance ... Insurance Agency Shiron Jones Insurance Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Wholesale Shop Auto Repair Shop Clothing Store Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Lancaster
    State
    Pennsylvania
    Longitude
    -76.2472783
    Latitude
    40.0536486

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    FAQs

    What type of property is this?
    Office Property / Space - Class A Office Suites, 1,816-3,553 sq ft
    Where is this office property / space located?
    The property is located at 1850 William Penn Way Lancaster, PA.
    What is the lease rate?
    The lease rate is $23-$23 SF/Yr.
    What are key features of this property?
    This property features: 1850 William Penn Way, Lancaster, PA 17601: 3,553 SF first-floor office suite in a business park.; Divisible into two smaller suites (2,381 SF and 1,172 SF).; Abundant natural light, private patio, and stunning pond views.
    Request Owner's contact information
    1850 William Penn Way Lancaster, PA 17601
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1850 William Penn Way Lancaster, PA 17601
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