Entity Owned Property summary
This three-story, 7,670 square foot storefront at 201 W King St, Lancaster, PA 17603, is offered at $899,000 ($117.21/sq ft). Built in 1850, the property sits on a 0.08-acre lot and is zoned Central Business (CB), benefiting from CRIZ and LERTA tax zones. Currently, the first floor houses a month-to-month daycare tenant, while the second floor is vacant and the third floor contains a single apartment. All utilities are available. The building's prominent corner location at W King and N Water Streets offers excellent walkability and visibility, making it ideal for redevelopment or owner-occupancy. This presents a significant opportunity for investors or businesses seeking a central Lancaster location with favorable zoning. The property's APN is 331-06843-0-0000. This historic building offers substantial potential for a variety of commercial uses.
Property profile
VerifiedCap rate & NOI
Current use
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Daycare Center
Location
Value estimations
Owner & transaction history
Zoning & alternative use
rojections. § 300-38 Hospital Complex District. § 300-39 Floodplain District. § 300-40 Green incentives and standards; solar facilities. § 300-24 Visibility at intersections. On a corner lot in all districts, except the…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
CB · Lancaster, PArojections. § 300-38 Hospital Complex District. § 300-39 Floodplain District. § 300-40 Green incentives and standards; solar facilities. § 300-24 Visibility at intersections. On a corner lot in all districts, except the…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
rojections. § 300-38 Hospital Complex District. § 300-39 Floodplain District. § 300-40 Green incentives and standards; solar facilities. § 300-24 Visibility at intersections. On a corner lot in all districts, except the…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CB in Lancaster, PA.
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