121-123 E King St - Office/Residential FOR SALE


Lancaster, PA 17602- Downtown Lancaster
$1,895,000 USD
717-291-9101
121-123 E King St, Lancaster, PA for Sale
$1,895,000 USD
Office/Residential - FOR SALE
1/39
null | Request Cap Rate

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121-123 E King St
Lancaster, PA 17602
Downtown Lancaster


HIGHLIGHTS

  • The oldest city townhouse in Lancaster
  • In the heart of vibrant Downtown Lancaster
  • Mixed-use potential, with approximately 5,500 square feet of commercial space across the first and lower levels
  • 14-car rear garage equipped with an EV charging station
  • Designed by renowned architect C. Emlen Urban for Milton Hershey

OVERVIEW

Experience a property of extraordinary distinction - one that stands alone in Lancaster City history. Bearing a rare and storied date stone, this is the oldest city townhouse in Lancaster, with origins dating back to 1762. Originally constructed by William and Elizabeth Bowsman, the sandstone Georgian townhome has been meticulously preserved, honoring its architectural integrity while seamlessly accommodating modern use. An extraordinary opportunity to own a luxurious residence and landmark property in the heart of vibrant Downtown Lancaster, this home is ideally positioned in the Central Business District just one block from Penn Square. Enjoy walkable access to an exceptional array of upscale restaurants, charming coffee shops, artisanal bakeries, boutique shopping, and cultural landmarks, including Lancaster Central Market, the courthouse, Fulton Theatre, and Ware Center - all mere steps away. The property offers exceptional mixed-use potential, with approximately 5,500 square feet of commercial space across the first and lower levels. The primary office space was thoughtfully designed by renowned architect C. Emlen Urban for Milton Hershey, intended to entice him to return his confectionery business to the area. A rare and invaluable amenity in the city, the property also includes a 14-car rear garage equipped with an EV charging station, further enhancing its appeal as a premier business opportunity in a prime commercial zone. Above the commercial space lies a magnificently restored 3,500-square-foot residence featuring three bedrooms, three full baths, and one half bath. Completely upgraded between 2015 and 2016, the home blends historic character with refined, metropolitan finishes. Soaring ceilings and an open, light-filled layout create a sense of effortless sophistication and residential comfort rarely found in the city. Combining unparalleled history, an irreplaceable downtown location, flexible commercial opportunity, and exceptional residential living, this is a truly singular offering - representing the very finest of Lancaster City living.

FOR SALE DETAILS

PRICE

$1,895,000 USD

PRICE/SF

$127 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

121-123 E King St, Lancaster, PA

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1789

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

CB1

APN/PARCEL ID

332-65668-0-0000

ASK ABOUT THIS PROPERTY

Anne M. LuskSotheby's International RealtyMore Info
717-291-9101

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Anne M. LuskSotheby's International RealtyMore Info
717-291-9101

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.