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40.040783 -76.30776

48-50 W CHESTNUT ST Lancaster, PA 17603

328517249 40.040783 -76.30776 230 /listing/328517249-150244603/48-50-w-chestnut-st-lancaster-pa-17603 False 0 7995000.0 62135 101 PALA2032272 True
  • $7,995,000
  • 62,135 sqft
  • 1.48 lot
  • Est payment $42918.89/mo

Property & Neighborhood Info

Courtesy Of Berkshire Hathaway HomeServices Homesale Realty, (717) 560-9100

Commercial in LANCASTER

One of Lancaster's most Iconic buildings. The Historic Old Post Office building is a 77,135 sq ft landmark, situated on 1.48 acres in Downtown Lancaster. This Indiana Limestone masterpiece was built by the US post office in the roaring twenties by supervising architect James A. Wetmore. Of the 62,135 SF leasable space, 25,230 SF are currently leased to 4 solid tenants including the US postal service. The remaining 36,905 SF could be leased to 1 or multiple tenants. Projected 8.5% CAP. Over 70 parking spaces on site plus adjacent parking garage. The property has potential for additional development on the rear parking lot. The property is split into 4 condo units, which are all included in this price.

Courtesy Of Berkshire Hathaway HomeServices Homesale Realty, (717) 560-9100
  1. 62,135 Sq. Ft.
  2. 1.48 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1928
  • Garage: 76.0
  • School District: SCHOOL DISTRICT OF LANCASTER
  • County: LANCASTER
  • Tax Year: 2022
  • Zoning: Central Business Core
  • MLS Number:PALA2032272

Additional Features

  • Air Conditioning:
    • Yes
  • Cooling:
    • Central A/C
  • Cooling Fuel:
    • Electric
  • Flooring:
    • Concrete
    • Heavy Duty
    • Marble
    • Partially Carpeted
    • Tile/Brick
  • Water Heater:
    • Electric
    • Natural Gas
  • Building Area Source:
    • Estimated
  • Building Square Feet:
    • 77135.00
  • Business Type:
    • Professional
  • Location:
    • Business District
  • New Construction:
    • No
  • Roof:
    • Composite
    • Rubber
  • Water Source:
    • Public
  • Doors/Windows:
    • Atrium
    • Double Entry
  • Lot Description:
    • Corner
  • Lot SF Source:
    • Assessor
  • Waterfront:
    • No
  • Parking:
    • Paved Parking
    • Private
    • Public
    • Surface
  • Electric:
    • 200+ Amp Service
    • 220 Volts
    • 3 Phases
    • Generator
  • Heating:
    • Forced Air
  • Heating Fuel:
    • Natural Gas
  • Sewer:
    • Public Sewer
  • Utilities:
    • Cable TV Available
    • Electric Available
    • Multiple Phone Lines
    • Natural Gas Available
    • Phone Available
    • Sewer Available
    • Water Available
  • Security Features:
    • Desk in Lobby
    • Electric Alarm
    • Fire Detection System
    • Main Entrance Lock
    • Security System
  • Accessibility Features:
    • 2+ Access Exits
    • 32"+ wide Doors
    • 36"+ wide Halls
    • 48"+ Halls
    • Elevator
    • Ramp - Main Level
  • Municipality:
    • LANCASTER CITY
  • Water Access:
    • No
  • Financing:
    • Cash
    • Conventional
  • List Type (Exclusive):
    • Exclusive Right
  • Rental Features:
    • No
  • Assessment Year:
    • 2023
  • Attribution Contact:
    • (717) 560-9100
  • MLSSystem ID:
    • BRIGHT
  • Number Of Elevators:
    • 2
  • Possession:
    • Negotiable
    • Settlement
    • Subject to Existing Lease
  • Price Per SQFT:
    • 103.65
  • Sourced By:
    • Bright MLS
  • Total Parking Spaces:
    • 76
Neighborhood info courtesy of Homes.com © 2023

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The Shreiner Group
The Shreiner Group
150 North Pointe Boulevard Lancaster PA 17601
40.040783 -76.30776

48-50 W CHESTNUT ST Lancaster, PA 17603

328517249 40.040783 -76.30776 230 /listing/328517249-150244603/48-50-w-chestnut-st-lancaster-pa-17603 False 0 7995000.0 62135 101 PALA2032272 True
  • $7,995,000
  • 62,135 sqft
  • 1.48 lot
  • Est payment $42918.89/mo