1 W Chestnut, LANCASTER, PA

$64,170

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2,790

Square feet

0.32

Acres

About 1 W Chestnut

NEW CONSTRUCTION! This first-floor retail space offers +/- 2,790 sq ft (subdividable) in the Central Business District, positioned at a prime corner shared by The Holiday Inn, Imperial Restaurant, QSB Restaurant-Lounge, and Lancaster County Offices. Situated within a 12-story apartment building, this location boasts excellent visibility and ample signage at the corner of North Queen Street and East Chestnut Street. With a 100% walkability score, abundant garage and street parking adjacent to the building, and 142 residences providing built-in customers, this space is ideal for a restaurant, cafe, office, professional, medical, or retail/service business. The property features full glass storefronts wrapping around the perimeter, offering maximum exposure. For restaurant use, the tenant has the option to add a grease duct and exhaust. The shell delivery includes two restrooms, a finished ceiling, concrete floors, an HVAC system, a 200-amp electric panel, and 17-foot ceilings (to the underside of the second floor). Monthly Rent: $23.00/SF (NN lease with no CAM fee) | Estimated NN Costs: $4.50/SF for taxes and insurance | Total Monthly Rent: $6,396.75 | Tenant Responsibilities: Utilities, water/sewer/trash. The landlord offers a $25/SF TIA for a qualified tenant signing a minimum 7-year lease. Potential for demising into two suites is also available.

Features of 1 W Chestnut

MLS® # PALA2056642
Price $64,170
Bathrooms 0.00
Square Footage 2,790
Acres 0.32
Year Built 2023
Type Commercial Lease
Sub-Type Retail
Status Active

Community Information

Address 1 W Chestnut
Area Lancaster City (10533)
City LANCASTER
County LANCASTER-PA
State PA
Municipality LANCASTER CITY
Zip Code 17603

Amenities

View City
Is Waterfront No

Interior

Heating Central
Cooling Central A/C
Has Basement No
Fireplace No
# of Stories 12

Exterior

Exterior Concrete/Block, Brick and Siding

School Information

District SCHOOL DISTRICT OF LANCASTER

Additional Information

Date Listed September 6th, 2024
Days on Market 403
Zoning CENTRAL BUSINESS DISTRICT
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficePPM Real Estate, Inc.
Contact Info7173943374

Listing Map

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