1ST DEGREE Realty, LLC
Gary DeGree Sr, 1ST DEGREE Realty, LLCPhone: (856) 625-7242
Email: [email protected]
Real estate listing preview #1Real estate listing preview #2Real estate listing preview #3Real estate listing preview #4Real estate listing preview #5Real estate listing preview #6Real estate listing preview #7Real estate listing preview #8Real estate listing preview #9Real estate listing preview #10Real estate listing preview #11Real estate listing preview #12
listing
1 of 12
CommercialFor Sale
$5,800,000
200 N Duke Street
Lancaster, PA 17602
Listed by: PPM Real Estate, Inc., 7173943374
MLS: Bright MLS
36,655Sq Ft
Est. Mortgage
$30,039/mo

***CALL FOR OFFERS: All offers will be presented!*** Property is offered as an investment or Owner Occupant. 4 Tenant Spaces + a 44 car parking garage. Currently 2 of the spaces are leased to stable long term Tenants. Available space for owner occupant or new end user is about 13,000sf at 200 North Duke Street, plus 3,500sf Firehose retrofitted for retail use at 202 N Duke Street. Additionally there are a few large offices on the first floor of 39 East Chestnut Street that are available. Projected cap rate at full occupancy is 8.78%. Current NOI from the 2 tenants is a 4.2% cap rate at the $5.8mm sale price. 34,111+/- sq. ft. Total (not including garage). 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. Building was previously home to the Lancaster City Police Station and Firehouse before being developed into the office, services and retail center it is today. The available office space can be subdivided and offers several offices/conference rooms which are wired for projectors, open space with existing work stations, private restrooms, furnished break room, direct glass door entrance from Duke Street and direct Elevator access from first floor lobby & secure garage. 3-4 Additional parking spaces are located behind the building and are well suited for the Firehouse future occupant. Tours of the vacant space can happen with little notice. Occupied areas of the building require advance notice for scheduling.

Get in touch
This data is up-to-date as of 11/06/2024 04:22 PM. Listing provided by Corinn E. Kirchner of PPM Real Estate, Inc..
Community / School Information