1. Pennsylvania
2. Lancaster
3. 800 S QUEEN STREET

800 S QUEEN STREET, Lancaster, PA 17603

Property Description

Lancaster’s iconic Rebman’s store to be redeveloped into a mixed-use complex including 52 apartment units (25 market and 27 affordable) and offering 6,800 +/- SF of commercial space. Strategically located in Lancaster City , in the Opportunity Zone and LERTA (Local Economic Revitalization Tax Assistance) tax district. Strong preference for a grocery or convenience store tenant at the property (concept renderings under Documents). Developer can offer $500,000 to support developer-approved grocery store fit-out, which will be amortized into initial lease term. Groundbreaking started in November 2023 with demolition and site preparation. Developer has received the permit for a retaining wall and contractor has been engaged. The project is expected to pre-lease by late summer and accept the first tenants in late fall 2024. Asking lease rate is $18/SF NNN for vanilla shell commercial space. See listing agent for additional information.

Listing Status:

Active

Date Added:

January 25, 2024 at 06:00AM

Listing Office:

Compass Real Estate, LLC : 7174318300

Listing Agent:

Deepa Balepur : 7178083531

MLS ID:

PALA2046166

Interior

• A/C: Other
• Heating: YOtherOther
• Disability Feature: No StairsLevel Entry - MainOther

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This listing courtesy of Deepa Balepur, Compass Real Estate, LLC