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728-736 E Mifflin St 5,797 SF 68% Leased Industrial Building Lancaster, PA 17602 $299,900 ($51.73/SF)
EXECUTIVE SUMMARY
Prime Lancaster City Investment with Endless Potential! Located on east end of Lancaster City near Thaddeus Stevens College, this multi-use property offers both immediate income and exciting room for growth. The site includes 10 storage units, 1 additional unit, 7 covered carports, and an oversized shop featuring a car lift, office, waiting area, and half bath. The shop (units 4, 5, 13, & 16) is approved for auto body use, making it a unique opportunity for an owner-operator or as a high-demand rental space. Current rents are well below market, creating instant upside for the next owner. The 7 carports provide additional potential to convert them with overhead doors to expand rentable square footage and significantly increase returns. With its strategic location in a rapidly growing section of Lancaster City, close to colleges, businesses, and residential neighborhoods, this property delivers steady cash flow today and strong long-term appreciation tomorrow. A rare chance to secure an income-producing asset in one of the city's fastest-growing neighborhoods! (Listing agent to be present for all showings).
PROPERTY FACTS
| Price | $299,900 | Lot Size | 0.21 AC |
| Price Per SF | $51.73 | Rentable Building Area | 5,797 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1985 |
| Property Subtype | Warehouse | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | 400 - Trans-Utility | ||
| Price | $299,900 |
| Price Per SF | $51.73 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.21 AC |
| Rentable Building Area | 5,797 SF |
| No. Stories | 1 |
| Year Built | 1985 |
| Opportunity Zone |
Yes |
| Zoning | 400 - Trans-Utility |
1 1
Walk Score®
Very Walkable (80)
PROPERTY TAXES
| Parcel Number | 337-31716-0-0000 | Improvements Assessment | $18,500 |
| Land Assessment | $27,000 | Total Assessment | $45,500 |
PROPERTY TAXES
Parcel Number
337-31716-0-0000
Land Assessment
$27,000
Improvements Assessment
$18,500
Total Assessment
$45,500
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728-736 E Mifflin St
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