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    110 King St Lancaster, PA 17603

    Sponsored
    For Lease
    $11 SF/Yr ($3,450 /Mo)

    Prime Downtown Retail Opportunity

    Lot size:
    3,764 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3,764 square foot retail space, located at 110 West King Street, presents a unique investment opportunity in Lancaster's vibrant Central Business District. Situated at the highly visible intersection of King and Water Streets, this single-tenant space offers convenient access from both streets. Currently vacant and raw, the property benefits from a significant landlord improvement allowance of $35 per square foot, covering new electrical service (200-amp panel), storefront replacements (King & Water Streets), and a grease exhaust duct (tenant installs fan). The open layout and flexible Central Business District zoning allow for diverse uses, including retail, entertainment, office, fitness, or special purpose. Boasting a 99% walkability score, the location is steps from the Fulton Theater, Steinman Parking Garage, surface parking lots, and the Penn Square/Marriott/Convention Center. High visibility ensures excellent marketing potential. Rent includes CAM and water/sewer (retail/office use); tenant pays taxes and separately metered utilities. Total monthly rent is $4,460.49 plus utilities. This property is ideally suited for a business seeking a prominent downtown location with substantial landlord support. The building is adjacent to a newly remodeled apartment complex with 76 units and two additional commercial suites, creating a dynamic and thriving community.

    Property Features for 110 King St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,764 SF
    Total Rate
    3450.33

    Unit(s) available at that property

    Space
    Ground Floor
    Size
    3,764 SF
    Rate per SF
    $11

    HighLights

    • Retail/Restaurant space totaling 3,764 square feet.
    • Single‑tenant occupancy.
    • Located at 110 West King Street, at the intersection of King and Water Streets in the Central Business District.
    • Currently vacant and raw space; landlord offers improvements including new electrical service (200‑amp panel), storefront replacements, and a grease exhaust duct (tenant installs fan), plus a $35/SF allowance.
    • Monthly rent: $4,460.49 (CAM and water/sewer included; tenant pays taxes and separately metered utilities).
    Property Profile Location Intelligence

    Current Use by Public Records

    Lancaster Party Bus ... Limousine Service Lancaster Law Group Attorney Hinnenkamp Lawrence F ... Accountant Meyer Unkovic & Scott ... Law Firm Breneman Pamela J Attorney

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Lancaster
    State
    Pennsylvania
    Longitude
    -76.30849419
    Latitude
    40.03767718

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    FAQs

    What type of property is this?
    Restaurant - Prime Downtown Retail Opportunity
    Where is this restaurant located?
    The property is located at 110 King St Lancaster, PA.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: Retail/Restaurant space totaling 3,764 square feet.; Single-tenant occupancy.; Located at 110 West King Street, at the intersection of King and Water Streets in the Central Business District.
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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
    110 King St Lancaster, PA 17603
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