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37-45 N. Duke Street Lancaster, PA $ 2,950,000
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37-45 N. Duke Street
$ 2,950,000
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37-45 N. Duke Street

Lancaster, PA, 17602
$ 2,950,000
Baths0.0 Sq 30,008

Monthly Estimate*

$ 19,607

37-45 N. Duke Street, Lancaster, PA 17602 - Image 1
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Studio

Commercial Property for sale in Lancaster, PA

for $2,950,000. This 30,008 square foot building was built in 1880.

A three parcel assemblage in downtown Lancaster; 37 N Duke St (332-56851-0-0000), 45 N Duke St (332-56082-0-0000) and 37 N Cherry St (332-64630-0-0000). are all included to total 30,008 SF that is currently a NNN lease by single Tenant Murray Insurance. This lease expires 9/30/27. There are 27 parking spaces included in the rear of the building. Charm and appeal through to properties, 37 was built in 1880, 45 in 1916 and 37 Cherry in 1941 and these periods are reflected in the finishes. Great location as it is walkable within a couple blocks to all of downtown, the vibrant retail, restaurants, pubs and entertainment. A must see for one who appreciates the detail the city curb appeal. Potential redevelopment for multi family or mixed use. Signed NDA required for financials that can be found under documents.

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Commercial Active

Price

$ 2,950,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 64,494

Style

Professional

Year Built

1880

Town/City

Lancaster

County/Region

Lancaster

MLS | Web ID

PALA2041962
Features
Interior
Heating Fuel Natural Gas
Flooring Carpet Hardwood Vinyl Wood
Hot Water Electric
Heating Y/N Y
Street Suffix STREET
Central Air Y/N N
Number of Elevators 1
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General
Sewer Public Sewer
Heating Forced Air
Cooling Heat Pump(s)
Possession Immediate Settlement
Roof Asphalt Rubber Other
Zoning CB-CENTRAL BUSINESS
Construction Materials Brick Brick Front Concrete Masonry Stone
Year Built 1880
Property SubType Office
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Natural Gas Electric
Municipality LANCASTER CITY
Business Type Professional Other
Accessibility 2+ Access Exits Other Elevator Level Entry - Main
County LANCASTER
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions In town on N Duke St. Property on the left across from the Courthouse.
City LANCASTER
Buyer Agent Compensation 2.5
MLS Area Lancaster City (10533)
Lot Size Square Feet 0.46
Waterfront Y/N N
Street Name N. DUKE
Tax Annual Amount 64494.0
Property Condition Very Good
Price Per Sq Ft Total 98.31
Acceptable Financing Cash Other
Lease Considered Y/N N
Vacation Rental Y/N N
Days on Market 237
Standard Status Active
Year Built Source Estimated
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Type of Parking On Street Parking Lot Other
Water View Y/N N
Building Area Total 30008.00
Lot Size Acres 0.00
Lot Size Units Square Feet
Lot Size Source Estimated
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 37
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* Excluded Features
List By
High Associates Ltd.

Broker

jkurtz@high.net

Email

Affordability Calculator

$24,981
Per Month
78%
22%
0%
Monthly Principal & Interest
$19,607
Monthly Property Taxes
$5,375
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/6/2023$2,950,000 Listed Price

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37-45 N. Duke Street, Lancaster, PA, 17602 is a Commercial Property for sale at $2,950,000 with 30,008 sqft. 37-45 N. Duke Street is a studio with 0.0 baths and was built in 1880. The property's zip code is 17602 which is in Lancaster, PA

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