Property profile

244 Lime St Lancaster, PA 17602

OFF-MARKET
Retail properties & Spaces
Built 1900
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Property summary

AI-generated overview

This exceptional 592-square-foot office space at 244 N Lime Street in Lancaster, Pennsylvania, presents a fantastic opportunity for a single tenant. Built in 1900 and extensively renovated in 2020, this first-floor commercial property boasts high-end finishes and a desirable location within Lancaster City's vibrant downtown. The space features a welcoming entry area, two semi-private rooms, a larger private room ideal for meetings or individual work, a convenient breakroom/kitchenette, and a private restroom. Enjoy the added benefit of access to a shared greenspace. The property is zoned R4 (High Density), allowing for a variety of uses. The monthly gross lease of $1,300 includes electricity, trash removal, water, sewer, grounds maintenance, and snow removal. Tenant is responsible for internet and liability insurance. The building offers a security system and temperature-controlled rooms. Convenient ADA ramp access is provided. High visibility signage directly on North Lime Street ensures excellent exposure. The property's walkable location provides easy access to all downtown amenities. This is a turnkey solution for a business seeking a well-maintained, attractive, and centrally located office space. The zip code is 17602.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1900

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Marriage Or Relationship Counselor Counselor
  • Medical Clinic

Location

244 Lime St Lancaster, PA 17602
Lancaster metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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