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Prime Retail Space in Lancaster
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1 W Chestnut St, Lancaster, PA 17603

New construction retail space in a high-visibility location.

Space Size35,000 SF
Days on Market1220

Property Features for 1 W Chestnut St

General Information

Standard status Active
Size 35,000 SF
Class A
Property subtype Retail, Restaurant
Lease Type Net

Building Details

Building Size 35,000 SF
Year Built 2023
Tenancy Single

Spaces For Lease

at 1 W Chestnut St Contact us

Space 1

Size
35,000 SF
Type
Retail
Lease Type
Net
Availability
Active
Contact us
Listing Agency: PPM Real Estate
Listed By: Corinn Kirchner · License #RM425642
Source: Crexi
Added: Apr 11, 2023 Changed: Aug 8 Last Checked: Aug 10 at 3:41PM

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 PPM Real Estate

Investment Insights

Based on property information with market context.

This new construction, first-floor retail space offers approximately 2,790 square feet and is subdividable. It is located in the Central Business District on a corner shared by The Holiday Inn, Imperial Restaurant, QSB Restaurant-Lounge, and Lancaster County Offices. Situated within a 12-story apartment building with 142 residences, the location offers visibility and signage at the corner of North Queen Street and East Chestnut Street. The property has a 100% walkability score, with garage and street parking adjacent to the building. It is suitable for a restaurant, cafe, office, professional, medical, or retail/service business. The property features full glass storefronts wrapping around the perimeter. For restaurant use, the tenant can add a grease duct and exhaust. The shell delivery includes two restrooms, a finished ceiling, concrete floors, an HVAC system, a 200-amp electric panel, and 17-foot ceilings (to the underside of the second floor).

Key Highlights

  • Prime corner location in the Central Business District with excellent visibility and signage opportunities.
  • Located within a 12‑story apartment building with 142 residences, providing a built‑in customer base.
  • High walkability score (100%) and abundant parking (garage and street) for customers and employees.

Property Analytics

Current Use

Retail space

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

NNN (Triple Net)
Lease Type
$3.45 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,360
Businesses Nearby
45k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 50% Shops & Services 35% Groceries 15%
McDonald's Dining
19,295 visits/mo 0.5 miles
Sunoco Shops & Services
8,706 visits/mo 0.4 miles
Bravo Supermarkets Groceries
6,864 visits/mo 0.4 miles
Turkey Hill Minit Market Shops & Services
5,351 visits/mo 0.5 miles
Krispy Krunchy Chicken Dining
2,858 visits/mo 0.2 miles

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 Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - New construction retail space in a high-visibility location.
Where is this retail space located?
The property is located at 1 W Chestnut St Lancaster, PA.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: Prime corner location in the Central Business District with excellent visibility and signage opportunities.; Located within a 12‑story apartment building with 142 residences, providing a built‑in customer base.; High walkability score (100%) and abundant parking (garage and street) for customers and employees.
(814) 426-2124 Call to check price and availability
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