158 Walnut St Lancaster, PA 17602
This exceptional 928-square-foot retail space at 158 E Walnut Street in Lancaster, Pennsylvania, presents a unique investment opportunity. Located on the corner of North Lime and East Walnut Streets, this single-tenant property boasts unparalleled visibility to approximately 10,000 vehicles daily, situated just two blocks from the bustling 300 Block of North Queen Street. Built in 1900 and extensively renovated in 2020, the building features a modern, open layout ideal for a variety of retail uses, including art galleries. The three-story building offers a clear span retail space on the ground floor, with two large storefront windows facing a signaled intersection, maximizing exposure. Interior finishes include high-quality luxury vinyl tile flooring, contemporary light fixtures, and 2-inch faux wood blinds. The property is zoned R4, High Density, with existing approval for retail and office use. The gross monthly lease rate of $1,600 includes all utilities, except for internet and liability insurance, which are the responsibility of the tenant. This property offers a blend of historic charm and modern amenities in a high-traffic location, making it an attractive proposition for discerning businesses. Lancaster County location and easy access to major thoroughfares ensure high foot and vehicle traffic.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.