857 Prince St Lancaster, PA 17603

This exceptional mixed-use property presents a compelling value-add investment opportunity in Lancaster City, Pennsylvania. Located at 857 S Prince St, this 9,000 square foot building boasts a prime location offering high visibility and easy access, situated near the downtown area and adjacent to a planned new business development site. The property, built in 1960, is a two-story structure encompassing four units. Three of these units are currently generating rental income as apartments. The remaining space comprises a substantial auto garage accompanied by a large office. This versatile space presents a unique opportunity for an owner-occupant seeking a combined living and business space, or for a landlord to lease to a separate tenant. The property is zoned for mixed use, allowing for a variety of potential uses and maximizing its investment potential. The asking price for this fee simple ownership is $825,000. This property offers a rare blend of residential and commercial income streams in a rapidly developing area of Lancaster City, making it an attractive investment for both seasoned and emerging investors. The property's strong location and existing income streams make it a particularly compelling opportunity in the current market.