213 W Chestnut St - Specialty FOR SALE


Lancaster, PA 17603- Chestnut Hill-Lancaster
$3,050,000 USD
717-431-8300
213 W Chestnut St, Lancaster, PA for Sale
$3,050,000 USD
Specialty - FOR SALE
1/15
null | Request Cap Rate

213 W Chestnut St
Lancaster, PA 17603
Chestnut Hill-Lancaster


HIGHLIGHTS

  • Situated in the heart of Lancaster City, offering exceptional visibility, walkability.
  • Rare for the city - includes 41 dedicated on site parking spaces.
  • The building has been responsibly maintained, offering a solid foundation for adaptive reuse or continued institutional use.

OVERVIEW

Nestled in the vibrant heart of Lancaster City, the Masonic Center offers an unparalleled opportunity for investors and developers seeking a property with exceptional visibility, walkability, and accessibility to downtown amenities, businesses, and attractions. This well-maintained structure stands out with 40 dedicated on-site parking spaces—a rare amenity in the city—supplemented by additional public parking in the adjacent Water Street Garage. Zoned Commercial Central Business (CB), the property is ideally suited for a wide array of commercial, institutional, or mixed-use developments, including offices, event venues, and educational facilities. Located within a LERTA zone, it provides significant property tax abatements on improvements, making it especially attractive for those seeking long-term value. The site’s placement in the Heritage Conservation District ensures that any development will harmonize with Lancaster’s rich architectural and cultural character. With a distinguished civic presence and historical significance—President James Buchanan was a member of this Lodge—the Masonic Center delivers a dignified setting for professional, civic, or cultural organizations.

FOR SALE DETAILS

PRICE

$3,050,000 USD

PRICE/SF

$74 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Masonic Center of Lancaster

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1890

SPRINKLERS

-

PARKING SPACES

41

LAND DETAILS

LAND ACRES

0.81 AC

LAND SF

35,284 SF

ZONING

CB

APN/PARCEL ID

331-77102-0-0000

ASK ABOUT THIS PROPERTY

Deepa BalepurCompass Real Estate, LLCMore Info
717-431-8300

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Deepa BalepurCompass Real Estate, LLCMore Info
717-431-8300

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