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Highlights

  • Prime location just north of Lancaster Square along the Queen Street retail corridor
  • Surrounded by complementary retail and destination entertainment uses
  • Landlord open to assisting with tenant build-out financing
  • Strong pedestrian traffic within a vibrant, walkable downtown market
  • Recently renovated building (2024) with updated systems
  • On-street parking available in dense urban setting

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 1,320 SF
  • 3-5 Years
  • $32.00 CAD/SF/YR $2.67 CAD/SF/MO $42,234 CAD/YR $3,519 CAD/MO
  • TBD
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

1,320 SF street-level retail space with an additional ±352 SF mezzanine, featuring an open layout suitable for a variety of retail or service-oriented uses. The space offers strong walk-up accessibility and visibility along Queen St. Ownership prefers an ice cream concept to complement nearby destination retail and entertainment uses and is willing to assist with build-out financing for qualified tenants. Delivered as-is, the space includes one restroom, central HVAC, and wood flooring. Tenant is responsible for utilities, with rent inclusive of CAM, taxes, and water.

Space Size Term Rental Rate Rent Type
1st Floor 1,320 SF 3-5 Years $32.00 CAD/SF/YR $2.67 CAD/SF/MO $42,234 CAD/YR $3,519 CAD/MO TBD

1st Floor

Size
1,320 SF
Term
3-5 Years
Rental Rate
$32.00 CAD/SF/YR $2.67 CAD/SF/MO $42,234 CAD/YR $3,519 CAD/MO
Rent Type
TBD
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

1,320 SF street-level retail space with an additional ±352 SF mezzanine, featuring an open layout suitable for a variety of retail or service-oriented uses. The space offers strong walk-up accessibility and visibility along Queen St. Ownership prefers an ice cream concept to complement nearby destination retail and entertainment uses and is willing to assist with build-out financing for qualified tenants. Delivered as-is, the space includes one restroom, central HVAC, and wood flooring. Tenant is responsible for utilities, with rent inclusive of CAM, taxes, and water.

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Property Facts

Total Space Available 1,320 SF
Property Type Retail
Property Subtype Restaurant
Gross Leasable Area 1,320 SF
Year Built/Renovated 1870/2024

About the Property

Unique retail leasing opportunity located just north of Lancaster’s central square along the highly trafficked Queen Street corridor. The property features a well-positioned storefront within a vibrant, walkable retail block surrounded by complementary businesses and destination-oriented uses. Recently renovated, the space offers strong visibility, pedestrian traffic, and accessibility in the heart of Lancaster City. Ideal for retail or specialty use, with ownership specifically seeking a concept that enhances the existing tenant mix and contributes to the area’s growing entertainment and retail appeal.

Exceptionally walkable
100/100
Moderately drivable
70/100
Some public transit
50/100
Somewhat bikeable
30/100

Nearby Major Retailers

Fulton Bank
PNC Bank
Bravo Supermarkets
Piggly Wiggly
Santander Bank
CTown
Nathan's Famous-delivery Only
Philly Pretzel Factory
Giant Food
Weis Markets
  • Listing ID: 40598759

  • Date on Market: 2026-05-20

  • Last Updated:

  • Address: 47 S Queen St, Lancaster, PA 17603

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