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    53 N Duke St Lancaster, PA 17602

    Office Spaces Google Maps
    48,264 SF 0.46 ac lot Built 1880
    Entity Owned 6-yr Hold ~ Est. High Equity
    53 N Duke St, Lancaster, PA 17602 For Lease 1 / 10
    Contact for pricing 5,200 SF available
    53 N Duke St, Lancaster, PA 17602
    View Listing →
    Estimated value (blended)
    $2.13M
    Range $1.91M – $2.34M (±10%)
    Property ID US73-2613468

    Property summary

    AI-generated overview

    This four-story, 36,000-square-foot office building at 53 N. Duke St., Lancaster, PA, offers a blend of historic charm and modern functionality. Built in 1880 and renovated in 1993, the Class B property boasts two passenger and freight elevators serving multiple tenants in suites ranging from approximately 142 to 5,200 square feet. Located in Lancaster County's Central Business District, this exceptional location is adjacent to the Lancaster County Courthouse and the Hamilton Club, providing unparalleled access to legal, professional, and civic services. The building features a common lobby, restrooms on each floor, first-floor bicycle storage, and basement file storage. On-site parking is available in a private lot and indoor garage (availability to be confirmed). The building is equipped with 220-volt, 3-phase power. The 0.46-acre lot offers convenient access to downtown Lancaster's vibrant shopping and dining scene, and is just one block from the Duke Street Parking Garage. Flexible lease terms are available

    Property profile

    Verified
    Property type Office Spaces
    Use group OFFICE (GENERAL)
    Year built 1880
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 48,264 SF
    Lot 0.46 ac (20,038 SF)
    Zoning code CB
    APN 332-55952-0-0000
    UPID US73-2613468

    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
    • Law Firm
    • Law Firm
    • Law Firm
    • Law Firm
    • Law Firm
    5 occupants on record

    Value estimations

    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $9.22M
    Comparable Approach Comparable
    $9.66M
    Blend (final) Blend
    $2.13M

    Owner & transaction history

    since 2019
    7 recorded transactions
    2026
    Price N/A
    2019
    $2.8M
    2017
    $2.3M
    2007
    Price N/A
    2004
    Price N/A
    2001
    $122,000
    1969
    Price N/A

    Zoning & alternative use

    CB · Lancaster, PA
    Zoning description

    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…

    General category CIVIC_INSTITUTIONAL

    Comparables

    6 recent transactions · within 1.5 mi
    Comparable in this city
    6 recent transactions

    Comparable in this City

    • Value Estimation
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    • Value Estimation
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    • Value Estimation
      $965,000
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      12 Duke St
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      12 Duke St, Lancaster, PA 17602
      View Details
    • Value Estimation
      $1,930,000
      10,704 SF
      415 Duke St
      OFFICE (GENERAL)
      415 Duke St, Lancaster, PA 17602-4905
      View Details
    • Value Estimation
      $1,055,000
      8,142 SF
      319 Fulton St
      OFFICE (GENERAL)
      319 Fulton St, Lancaster, PA 17602-3069
      View Details
    • Value Estimation
      $4,220,000
      22,844 SF
      2420 Gehman Ln
      OFFICE (GENERAL)
      2420 Gehman Ln, Lancaster, PA 17602-1139
      View Details

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    Recent comparable sales
    Sale price & price/SF · Sale date & distance · Adjustments & confidence
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