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The Depaul Arts Building 226 N Arch St 9,704 SF 100% Leased Office Building Lancaster, PA 17603 $1,590,000 ($163.85/SF)
Executive Summary
A rare ±9,704 SF creative office opportunity in the heart of downtown Lancaster, 226–228 N Arch Street offers a high-end, multi-tenant building with very flexible, easily adaptable layout, including a live/work-capable former apartment with full kitchen and 1.5 baths currently used as office. Boutique interiors by DePaul Design feature exposed brick, bright windows, and a unique urban aesthetic, all within steps of the CBD and top dining and retail amenities. The property provides (11) on-site parking spaces plus the adjacent public Water Street Garage, and benefits from in-place income, with R-3 zoning allowing a broad range of permitted and special exception commercial and residential uses, making it ideal for creative, professional, and wellness-oriented users or investors seeking a well-located Lancaster City asset.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
9,704 SF
Building Class
B
Year Built/Renovated
1890/2008
Price
$1,590,000
Price Per SF
$163.85
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,852 SF
Building FAR
0.84
Lot Size
0.27 AC
Zoning
R-3 - Residential uses permitted by right; many commercial uses, including office, permitted by Special Exception
Parking
11 Spaces (1.13 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
1 1
Walk Score®
Walker's Paradise (98)
Bike Score®
Very Bikeable (81)
Property Taxes
| Parcel Number | 331-54117-0-0000 | Improvements Assessment | $521,200 |
| Land Assessment | $62,400 | Total Assessment | $583,600 |
Property Taxes
Parcel Number
331-54117-0-0000
Land Assessment
$62,400
Improvements Assessment
$521,200
Total Assessment
$583,600
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The Depaul Arts Building | 226 N Arch St
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