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218 E Madison St 5,007 SF Industrial Building Lancaster, PA 17602 $678,006 CAD ($135.41 CAD/SF)
Investment Highlights
- Drive Thru Access
- Approval to build 6 Apartment Units
Executive Summary
FOR SALE! PRICE JUST REDUCED!! Hard to find warehouse in the heart of Lancaster City. This +/- 5,000 SF building features two 12'x12' drive-in doors, 14'6" clear height, a paint booth with hood, a full and half bath, multiple private offices, and ample storage space. The property has served as a contractor shop in the past however there is currently an approved plan in place to build 6 apartments with indoor parking. Location features quick access to major highways and Lancaster's Central Business District. Bring your business or development ideas to the cozy Musser Park Neighborhood. This property will not last long - call Sable Commercial Realty to schedule your showing today! 717-399-9361.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
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| Operating Expenses |
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| Total Expenses |
$99,999
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$9.99
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Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $678,006 CAD | Lot Size | 0.11 AC |
| Price Per SF | $135.41 CAD | Rentable Building Area | 5,007 SF |
| Sale Type | Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1820 |
| Property Subtype | Distribution | Clear Ceiling Height | 14’6” |
| Building Class | C | Cross Streets | E Lemon St |
| Zoning | R3 - residential zoning district that allows for medium-density multiple-family dwellings, such as apartments and condominiums. | ||
| Price | $678,006 CAD |
| Price Per SF | $135.41 CAD |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | C |
| Lot Size | 0.11 AC |
| Rentable Building Area | 5,007 SF |
| No. Stories | 1 |
| Year Built | 1820 |
| Clear Ceiling Height | 14’6” |
| Cross Streets | E Lemon St |
| Zoning | R3 - residential zoning district that allows for medium-density multiple-family dwellings, such as apartments and condominiums. |
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Moderately walkable
70/100
Moderately drivable
60/100
Some public transit
40/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 336-99246-0-0000 | Improvements Assessment | $135,601 CAD (2025) |
| Land Assessment | $64,513 CAD (2025) | Total Assessment | $200,115 CAD (2025) |
Property Taxes
Parcel Number
336-99246-0-0000
Land Assessment
$64,513 CAD (2025)
Improvements Assessment
$135,601 CAD (2025)
Total Assessment
$200,115 CAD (2025)
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218 E Madison St
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