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3653-3659 Marietta Ave - Investment / Redevelopment Opportunity 2.25 Acres of Commercial Land Offered at $1,800,000 in Lancaster, PA 17601
Executive Summary
Redevelopment opportunity! A total of 2.25 acres for sale. The sale includes the real estate, vacant house, barn and garage, and three units with rental income. The sale also includes a triple net retail tenant (restaurant)that offers additional rental income to the new owner. The restaurant business and FFE is not included. New owner may renovate the vacant home barn and garage to add rental income or redevelop for mixed use opportunities. Great frontage along Route 23 (Marietta Avenue). The 0.92 parcel had Conditional Use Approval for 17 townhomes/cottages from the township.
Property Facts
| Price | $1,800,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 2.25 AC |
| Zoning | Commercial-Traditional Vi - Commercial - Traditional Village District | ||
| Price | $1,800,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 2.25 AC |
| Zoning | Commercial-Traditional Vi - Commercial - Traditional Village District |
1 Lot Available
Lot
| Price | $1,800,000 | Lot Size | 2.25 AC |
| Price Per AC | $800,000.00 |
| Price | $1,800,000 |
| Price Per AC | $800,000.00 |
| Lot Size | 2.25 AC |
Property includes 4 parcels: (0.92 Acre, 0.54 Acre, 0.18 Acre, 0.65 Acre) with a total of 2.25 Acres 366.10 Feet of road frontage on Marietta Avenue.
Description
The sale includes four parcels (a total of 2.25 acres) which includes: - 2-Story vacant frame house (approx. 2,093 SF) - Vacant Barn (approx. 1,316 SF) - Vacant Garage (approx. 600 SF) - Leased retail property (restaurant). - 3 Leased units The restaurant business, furniture, fixtures, and equipment are not included. The vacant house, barn and garage are all on the 0.92 acre parcel which had Conditional Use Approval for 17 townhomes/cottages from the township.
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
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3653-3659 Marietta Ave - Investment / Redevelopment Opportunity