37-45 North Duke St - Office FOR SALE


Lancaster, PA 17602- Musser Park
$2,950,000 USD
717-278-9362
37-45 North Duke St, Lancaster, PA for Sale
$2,950,000 USD
Office - FOR SALE
1/8
null | Request Cap Rate

37-45 North Duke St
Lancaster, PA 17602
Musser Park


HIGHLIGHTS

  • 3 parcel assemblage in Downtown Lancaster
  • Approximately 30,000 +/- SF
  • Single Tenant Net Lease - 100% occupancy through 2027
  • On-site parking for 27 vehicles
  • Located near retail, restaurants, entertainment, & hotel amenities
  • Potential future redevelopment opportunity

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$98 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1880

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

CB

APN/PARCEL ID

332-56082-0-0000

ASK ABOUT THIS PROPERTY

Jeffrey KurtzHigh Associates Ltd.More Info
717-278-9362

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Jeffrey KurtzHigh Associates Ltd.More Info
717-278-9362

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.