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8 W King
For Rent $83,260
$83,260
- Units
- Unknown Sq Ft
- Unknown Sq Ft
- Unknown Cap Rate
Description
The best available space by Penn Square & the Lancaster Marriott & Convention Center! This first floor space has so much character and potential! Landlord has demolished all previous build out and this is a blank slate ready for its next life! High ceilings, large windows in the north and east walls, and visibility to all the locals and tourists visiting downtown Lancaster! This is eligible for CRIZ ($25k grant for improvements and $100k loan). Landlord prefers to have a restaurant open in this space but will entertain other uses. It is possible to expand the footprint to add restrooms outside of the exiting space, and to connect with the lower level to install a sizeable commercial kitchen downstairs (with hood), to maximize the space. If no expansion of the existing 3,620sf is needed, restrooms and hood/kitchen can be installed in this area. Rent is Gross at $23psf ($6,938/month) and includes all taxes, CAM and utilities. Tenant only pays for internet and janitorial.
Landlord is offering a $50 per sq ft Tenant Improvement Allowance to a qualified Tenant!
Note: If Tenant's use requires a higher amount of water, trash, gas, etc., Landlord may submeter the space for Tenant's use and/or require Tenant to have their own trash service. For a restaurant, there is a trash room available in the basement. (Note: the conduit lines in the middle of the space, shown in some of the photos, have been relocated to along the wall, creating a wide open space)
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $83,260 |
| Property Type | Retail |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1900 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 3342738000000 |
| MLS # | PALA2043022 |
| Property ID | 320019955 |
| Lot Sqft | Unknown |
| Zoning | CBD |
| Days on Market | 395 |
| Original List Price | Unknown |
| Date Updated | November 14, 2024 |
| Date Created | October 29, 2023 |
| Pets | Unknown |
| Furniture | 0 |
| Laundry | 0 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Corinn E. Kirchner an agent of PPM Real Estate, Inc.. Lic #RM425642
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Data last updated: November 27, 2024.
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REAL ESTATE AGENT