John Meeder Meedcor Realty
This listing was posted on John Meeder Meedcor Realty (via ListedBuy).
$1,440,000
143-159 E King #MULTIPLE, Lancaster, PA 17602 - MLS PALA2038186
Price:
$1,440,000
Location:
143-159 E King #MULTIPLE, Lancaster, PA
Description:
The $1,440,000 Investment Package includes 10 units with: -7 storefronts 6 Tenants -3 office condos 1 Tenant. The residential units not included in the investment package. INVESTMENT COMMERCIAL PACKAGE SUMMARY The 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. The 17 residential units are not part of the Commercial Investment Package. 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 exceptional construction quality. The Historic East Side Condominium Association is responsible for the facility management. This allows the Investment Package Owners to focus on maintaining occupancy. If the new owner is looking for more fee income, the Association management is available. Both the Historic East Side Investments and the Association are managed with the assistance of the Buildium Property Management System, a software that enables the payment of monthly fees and sales to be paid online. . Still available at ListedBuy!
Property Type:
Commercial & Office Space for Sale
For sale by:
Agent/Broker
Agent Name:
John Meeder Meedcor Realty
Posted:
September 26 2023 on ListedBuy
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More About this Listing: 143-159 E King #MULTIPLE, Lancaster, PA 17602 - MLS PALA2038186
143-159 E King #MULTIPLE, Lancaster, PA 17602 - MLS PALA2038186 is a Commercial Real Estate for Sale at 143-159 E King #multiple in Lancaster PA. Find other listings like 143-159 E King #MULTIPLE, Lancaster, PA 17602 - MLS PALA2038186 and listings near 143-159 E King #multiple by searching Oodle Classifieds for Commercial Real Estate for Sale in Lancaster PA.
143-159 E King #MULTIPLE, Lancaster, PA 17602 - MLS PALA2038186 is a Commercial Real Estate for Sale at 143-159 E King #multiple in Lancaster PA. Find other listings like 143-159 E King #MULTIPLE, Lancaster, PA 17602 - MLS PALA2038186 and listings near 143-159 E King #multiple by searching Oodle Classifieds for Commercial Real Estate for Sale in Lancaster PA.