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Financial
Distress signals
Property profile

237 Chestnut St Lancaster, PA 17603

OFF-MARKET
Turn key restaurants
Property ID
US73-0102874
3,705 SF 0.11 ac lot Built 1900
Last sale Dec 2023 · $275,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 3,705-square-foot special-purpose property at 237 W Chestnut St, Lancaster, PA 17603, is ideally suited for a catering kitchen or similar business. Currently configured with multiple rooms dedicated to cooking, preparation, staging, storage, office space, and a tasting room, this turnkey operation offers immediate occupancy. The property includes two restrooms, central air conditioning, gas heating, and ample electrical capacity to accommodate substantial kitchen equipment. …

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$7k
Tax billed · 2024
Assessed value$186k
Assessed land$47k
Assessed improvement$139k
Effective rate3.96%

Value estimate

· Oct 2026
$375k
$338k – $413k
AI approach$405k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$204/SF
ZIP average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$129 – $360
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R3
The R3 District is characterized by the predominance of attached, or row, houses, and smaller lot sizes. A variety of small, neighborhood...
General categoryCIVIC_INSTITUTIONAL
JurisdictionLANCASTER

Location intelligence

Which uses thrive at this corner?
Best fit: Dry Cleaner
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dry Cleaner11.4
Locksmith11.1
Tailor Shop9.9

Location

237 Chestnut St Lancaster, PA 17603-3546
County assessor Recorded deeds · 4 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
701 Queen, Lancaster, PA 17603-2737 $375,000 Jun 2025 4,418 SF
101 Queen, Lancaster, PA 17603-5366 $500,000 Apr 2025 4,830 SF
2207 Marietta, Lancaster, PA 17603-2221 $850,000 Oct 2024 2,562 SF
463 Prince, Lancaster, PA 17603-5601 $268,000 Aug 2024 3,160 SF
2910 Columbia, Lancaster, PA 17603-7004 $750,000 Aug 2024 2,580 SF
773 Mnr, Lancaster, PA 17603 $675,000 Aug 2024 3,054 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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