8 W King St Lancaster, PA 17603
Property profile & analytics
8 W King St Lancaster, PA 17603
- Office properties & Spaces
- 33,749 SF
- 0.68 lot acres
Property ID
US73-1950218
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- SecureStrux / IT Consulting Firm / Tech Support Center
- Steinman Marketing Solutions / Advertising Agency / Marketing & Advertising
- The Intel / Apartment Building
- Ville & Rue / Furniture & Home Goods / Home Decor Store
- HDC MidAtlantic / Construction Company / General Contractor
Property Details for 8 W King St
- Year built
- 1900
- Construction
- WOOD FRAME
- Lot size
- 0.68 lot acres
- Property size
- 33,749 SF
- Zone code
- CB1
- Property type
- Office properties & Spaces
- APN
- 334-27380-0-0000
- APU
- 3342738000000
Description
This exceptional 14,015 square foot mixed-use building at 8 West King Street in Lancaster, Pennsylvania's Central Business District (CBD), offers a unique opportunity for businesses seeking creative office space. Recently renovated in 2023, this Class B property boasts four stories, elevators, and is conveniently located near Queen Street. The building is zoned for CBD use and features multiple tenancy options, with a minimum divisible space of 2,495 square feet and a maximum contiguous space of 4,105 square feet. Currently, the entire 14,015 square feet is vacant, presenting a blank canvas for a single large tenant or multiple smaller occupants. The property's redevelopment includes retail suites, professional office space, and residential apartments, creating a vibrant and dynamic environment. A public parking garage is located directly behind the building, ensuring convenient parking for tenants and their clients. Suite #810, a first-floor space, offers an improvement allowance for qualified tenants signing long-term leases. Leases are gross, encompassing taxes, CAM charges, and utilities. The building's prime location in the heart of downtown Lancaster provides unparalleled access to amenities and a thriving business community. This is an exceptional opportunity to secure high-quality commercial space in a rapidly developing area. The zip code is 17603.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $6,985,000
- 6.5%
- $6,450,000
- 7%
- $5,990,000
-
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $8,745,000 Current use
- MEDICAL BUILDING
- $7,685,000 Change: -12% Conversion: Easy
- RETAIL STORES
- $7,350,000 Change: -16% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lancaster
- County
- Lancaster
- State
- Pennsylvania
- Longitude
- -76.3063
- Latitude
- 40.0375
- CBSA code
- 29540
- CBSA name
- LANCASTER, PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$210,969
$346,800
$4,984,800
$5,331,600
-
$346,800
$4,984,800
$5,331,600
