REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Jonathan Granlund

jongranlund10@gmail.com +1(703) 537-6747

Listed by Deepa Balepur • Compass Real Estate, LLC

$122,400

1.39 Acres Lot

Save

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Rent

MLS Listing ID PALA2046166

Year Built 2024

Lot Size 1.390 Acres

Acres 1.39

Property Sub-Type Retail

Source BRIGHT

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.

Location

State PA

County Lancaster

Area Lancaster City (10533)

Zoning COMMERCIAL URBAN

Interior

Hot Water Other

Heating Other

Cooling Other

Heat Source Other

Exterior

Garage Spaces 60.0

Water Access N

Accessibility No Stairs, Level Entry - Main, Other

Total Parking Spaces 60

Garage N

Building

Sewer Public Sewer

Water Public

New Construction Y

Schools

School District School District Of Lancaster

Others

Tax ID 334-30244-0-0000

Ownership Other

Read Less Info

Nearby Locations

"Jon's passion for real estate and his love for Virginia are a perfect match. He has made it his mission to help local residents sell their homes quickly and at the best possible prices. Equally, he takes immense pride in assisting homebuyers in finding their perfect piece of paradise in Virginia."

+1(703) 537-6747

jongranlund10@gmail.com

1765 Greensboro Station Pl, McLean, VA, 22102

GET MORE INFORMATION

QUICK SEARCH

800 S QUEEN ST Lancaster, PA 17603