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- LoopNet Team
409 High St
Lancaster, PA 17603
Land For Sale
·
0.03 AC
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 0.03 AC |
| Property Subtype | Commercial | ||
| Zoning | Commercial | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.03 AC |
| Zoning | Commercial |
DESCRIPTION
Fantastic investment opportunity in the Cabbage Hill/SOWE neighborhood of Lancaster City. Join the exciting developments in this area in 2021, with close proximity to downtown restaurants, galleries, and markets. There is a strong need for off-street parking in this neighborhood, as many homes do not offer off-street parking for a vehicle. This large parking lot with 17 total spaces, currently rented by long term tenants with over 8% gross ROI and minimal maintenance. Current rent is $50 per space, per month. Low maintenance required with this investment offering! This property is being sold with parking lot at 663 Union (Rear) Street, Lancaster PA 17603 (18 spots) (refer to MLS # PALA182080, as a package deal for $225,000.
PROPERTY TAXES
| Parcel Number | 338-25331-0-0000 | Improvements Assessment | $2,700 |
| Land Assessment | $45,000 | Total Assessment | $47,700 |
PROPERTY TAXES
