352 E NEW ST, Lancaster, PA 17602
352 E NEW ST, Lancaster, PA 17602
352 E NEW ST, Lancaster, PA 17602
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Listed by Ervin Barkman • Kingsway Realty - Lancaster
$695,000
Est. payment /mo
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3,049 Sqft Lot
Coming Soon

352 E NEW ST Lancaster, PA 17602

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Scott Gullaksen

Scott Gullaksen

+1(610) 453-9898

UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Coming Soon

Purchase Type For Sale

Subdivision None Available

MLS Listing ID PALA2087384

Year Built 1900

Available Date 2026-05-10

Annual Tax Amount $11,507

Tax Year 2026

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 25x109

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

Outstanding investment opportunity featuring a 6-unit mixed-use property in the Northeast Corridor. 4 Residential units in updated, nice condition. Laundromat with ADA Bathroom. Restaurant in operation since 2018. Fully rented, but most rents are exceptionally low due to long-term tenants. 14 commercial washers, 10 commercial dryers. Fully licensed with approved fire escapes. (4) 1 Bedroom units all leased. Built as an apartment unit + laundromat + restaurant in 1900 with commercial-sized UGI gas lines. Apartments are nice and mostly updated- newer replacement windows. 6 security cameras 24/7 monitoring. Turnkey investment in Northeast Lancaster City. $42,000 annual net income.

Location

State PA

County Lancaster

Area Lancaster City (10533)

Zoning MIXED USE

Interior

Hot Water Natural Gas

Heating Hot Water

Cooling None

Flooring Vinyl, Wood

Inclusions All laundry mat equipment- 10 Huebsch Commercial Dryers, 14 Commercial Washers. Most of the restaurant equipment.

Heat Source Natural Gas

Exterior

Utilities Available Natural Gas Available

Water Access N

View Street

Roof Type Metal,Rubber

Accessibility None

Garage N

Building

Lot Description Corner

Foundation Stone

Sewer Public Septic

Water Public

New Construction N

Schools

School District School District Of Lancaster

Others

Tax ID 336-64423-0-0000

Ownership Fee Simple

Security Features Smoke Detector,24 hour security,Security System

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Financing Conventional,Cash

Special Listing Condition Standard

Bright MLS (BMLS)

NEARBY SCHOOL & BUSINESS

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Scott Gullaksen

Scott Gullaksen

Agent | RS 285055

+1(610) 453-9898

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