1. Pennsylvania
2. Lancaster
3. 1 W CHESTNUT

1 W CHESTNUT, Lancaster, PA 17603

Property Description

NEW CONSTRUCTION! This first-floor retail space offers +/- 2,790 sq ft (subdividable) in the Central Business District, positioned at a prime corner shared by The Holiday Inn, Imperial Restaurant, QSB Restaurant-Lounge, and Lancaster County Offices. Situated within a 12-story apartment building, this location boasts excellent visibility and ample signage at the corner of North Queen Street and East Chestnut Street. With a 100% walkability score, abundant garage and street parking adjacent to the building, and 142 residences providing built-in customers, this space is ideal for a restaurant, cafe, office, professional, medical, or retail/service business. The property features full glass storefronts wrapping around the perimeter, offering maximum exposure. For restaurant use, the tenant has the option to add a grease duct and exhaust. The shell delivery includes two restrooms, a finished ceiling, concrete floors, an HVAC system, a 200-amp electric panel, and 17-foot ceilings (to the underside of the second floor). Monthly Rent: $23.00/SF (NN lease with no CAM fee) | Estimated NN Costs: $4.50/SF for taxes and insurance | Total Monthly Rent: $6,396.75 | Tenant Responsibilities: Utilities, water/sewer/trash. The landlord offers a $25/SF TIA for a qualified tenant signing a minimum 7-year lease. Potential for demising into two suites is also available.

Listing Status:

Active

Date Added:

September 6, 2024 at 05:00AM

Listing Office:

PPM Real Estate, Inc. : 7173943374

Listing Agent:

Corinn E. Kirchner : 7173943374

MLS ID:

PALA2056642

Interior

• A/C: Central A/C
• Heating: YCentralNatural Gas
• Disability Feature: Level Entry - Main2+ Access Exits

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Corinn E. Kirchner, PPM Real Estate, Inc.