39 E CHESTNUT Street
39 E CHESTNUT Street Lancaster, Pennsylvania 17602 United States

$7,000,000
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Progressive Property Mgmt.

Listing Courtesy of Progressive Property Mgmt.
$7,000,000
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Commercial
Property type
1954
Year Built
PALA183674
Web Id
PALA183674
MLS ID
Lancaster
School District
10
days ago

About 39 E CHESTNUT Street

Site includes 39 East Chestnut Street & 202 North Duke Street. Total 34,111+/- sqft Downtown Commercial Property with 4 Tenants and 44 secure underground parking spaces. Investment OR possible owner occupant as approx. 15,000 sf will be available later this year (easy to further subdivide that available sq. ft. if desired). Sale price is approx. 8% CAP Rate with current rents. This building is 100% sprinklered, has heavy IT/data wiring, high efficiency HVAC systems, is ADA compliant and situated on the corner of Chestnut/Duke Streets with 2 adjacent public parking garages. The available suite offers several offices/conference rooms which are wired for projectors, open space for work stations, private restrooms, private glass door entrance from Duke Street and direct Elevator access from first floor lobby. Tenants include: Pennsylvania Probation & Parole Administrative Office, PA Options For Wellness, Festoon Boutique (in 202 N Duke Street), and Neilson who is vacating the available suite 10/31/21, however the suite can be available sooner. All leases are NNN except the PA Probation/Parole office which is a fully gross lease; See brochure for details.

Listing Courtesy of Progressive Property Mgmt.

The data relating to real estate for sale comes in part from Keystone Multi-List. Real estate listings held by brokerage firms other than Lusk & Associates Sotheby's International Realty are marked with the Broker Reciprocity logo and information about them includes the name of the listing broker. All information provided is deemed reliable but is not guaranteed and should be independently verified. This IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

PROPERTY INFORMATION

Cooling
Central A/C
Heating
Central, Forced Air
Parking Description
Private
Sewer
Public Sewer

INTERIOR

Flooring
Ceramic Tile, Partially Carpeted, Vinyl

ADDITIONAL INFORMATION

Body of Water
Public
Listing Courtesy of Progressive Property Mgmt.

Progressive Property Mgmt.

Listing Courtesy of Progressive Property Mgmt.
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