40.03863
-76.30184
/listing/328132381-150081084/143-159-e-king-no-multiple-lancaster-pa-17602
143-159 E KING #MULTIPLE Lancaster, PA 17602
328132381
40.03863
-76.30184
230
/listing/328132381-150081084/143-159-e-king-no-multiple-lancaster-pa-17602
False
0
1650000.0
12840
101
PALA2031562
False
- $1,650,000
- 12,840 sqft
- Est payment $8857.56/mo
Neighborhood Info
Commercial in LANCASTER
The $1,733,400 Investment Package includes 13 units:-7 storefronts-3 office condos for use by one tenant. -3 walk-up apartments/condominium units at 159 East King StreetThe other 14 residential units not included in the investment package. No AirBNB units are allowed in Historic East Side CondominiumsINVESTMENT PACKAGE SUMMARYThe Historic East Side Investment at 145-159 East King Street in Lancaster, is a mixed use investment including commercial and residential condominiums at Historic East Side Condominiums. The entire complex includes a total of 27 units including storefronts, offices and 17 residential units. Of the 17 residential units, 14 were sold as "for sale� units and 3 units in 159 East King Street are designed as apartment rentals. Historic East Side Condominiums has several parking spaces in the lot directly behind the buildings and accessed from Grant Street. The lot has a shared ownership and a cost sharing agreement in place with the other lot owners. The spaces used by the various units at Historic East Side are owned by those units as Limited Common Elements.Historic East Side Suites is owned by a partnership of executives from Wohlsen Construction Company and John Meeder of Meeder Development. Historic East Side was redeveloped in 2011 and involved a near total rebuild of all of the structure inside of the historic brick walls. Even the facade of the 145 East King Street Building had to be removed from the building and then replaced brick by brick. The units have very little unit to unit sound transfer due to the design of the redevelopment and the quality of the construction. The retail storefronts and office uses at Historic East Side have frontage on King Street that offers excellent exposure to local foot and vehicular traffic. The residential units have their primary entrance behind the buildings and benefit from the quiet neighborhood feel of Grant Street. This investment offers a well managed and stable property with excepti
Courtesy Of Meedcor Realty, (717) 394-9500
-
12,840 Sq. Ft.
Main Features
- Listing Status: Active
- Year Built: 1846
- School District2: ABRAHAM LINCOLN
- School District3: MCCASKEY CAMPUS
- School District: SCHOOL DISTRICT OF LANCASTER
- County: LANCASTER
- Taxes: $42,482.00
- Tax Year: 2022
- Units: 13
- Zoning: Central Business District Als
- MLS Number:PALA2031562
Neighborhood info courtesy of Homes.com © 2023
What's My Mortgage?
$38,769.95*
500 Delp Rd
Lancaster
PA
17601
40.03863
-76.30184
/listing/328132381-150081084/143-159-e-king-no-multiple-lancaster-pa-17602
143-159 E KING #MULTIPLE Lancaster, PA 17602
328132381
40.03863
-76.30184
230
/listing/328132381-150081084/143-159-e-king-no-multiple-lancaster-pa-17602
False
0
1650000.0
12840
101
PALA2031562
False
- $1,650,000
- 12,840 sqft
- Est payment $8857.56/mo