53 Duke St Lancaster, PA 17602
- Office Properties & Spaces
- 48,264 SF
- 0.46 lot acres
Current Use by Public Records
- Randall L. Miller Esq / Legal Services
- Law Office of Stephen W. Grosh / Legal Services / Divorce Lawyer
- Cody & Pfursich / Criminal Justice Attorney / Attorney
- Douglas H Cody / Attorney
- Law Office of Dennis C. Dougherty / Criminal Justice Attorney / Divorce Lawyer
Property Details for 53 Duke St
- Year built
- 1880
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.46 lot acres
- Property size
- 48,264 SF
- Zone code
- CB
- Property type
- Office Properties & Spaces
- APN
- 332-55952-0-0000
- APU
- 3325595200000
Description
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
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,125,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,895,000
- 6.5%
- $2,910,000
- 7%
- $2,630,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,675,000
- Geo Method
- $2,615,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,005,000
- Retail
- $2,295,000
- Mixed-Use
- $3,110,000
- Hospitality
- $2,320,000
- Educational
- $2,830,000
- Residential Income
- $2,660,000
- Energy
- $2,500,000
- Income-Based Land
- $2,475,000
- Food Service
- $2,865,000
Location Insight
- Map
- Local Demand
- City
- Lancaster
- County
- Lancaster
- State
- Pennsylvania
- Longitude
- -76.3033
- Latitude
- 40.0395
- CBSA code
- 29540
- CBSA name
- LANCASTER, PA METROPOLITAN STATISTICAL AREA
