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301 E Liberty St
Off-Market Call for Pricing
Call for Pricing
- 0 Units
- Unknown Sq Ft
- 100,188 Sq Ft
- Unknown Cap Rate
Description
This site consists of a mixed use property with a 3 story building which is currently a mix of office and industrial
uses on the east end of the parcel, and a collection of industrial buildings on the west
end of the parcel. Most Industrial uses have drive ins, and a few have dock doors.
Current income from existing use is $300,000 NOI approximately, which provides great income during plans for redevelopment. Most leases are on 1-2 year terms, allowing flexibility for redevelopment.
Great opportunity for a redevelopment into self storage or apartments, with land consisting of 2.3 acres in Lancaster City with improved buildings. The zoning was successfully changed to Mixed Use recently which will allow for a potential density of 148 apartment units.
Architectural renderings show a 104 unit apartment building on the west end which
would call for the removal of industrial buildings. There are also plans for the renovation
of existing buildings on the east end to accommodate an additional 44 units. The
existing parking plan provides 126 parking spaces on site. A parking variance would be
required to provide relief from the parking requirement of 1 space per unit.
Self Storage is also a permitted use limited to 20,000 SF per parcel.
Owner will consider seller financing for qualified buyers with a 30% down payment. Contact listing agent for pro forma operating income and expenses.
Owner
Do you own or manage this property?
This is My PropertyAmenities
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 | $4,500,000 |
| Property Type | Industrial |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1922 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 3360512300000 |
| MLS # | PALA2047158 |
| Property ID | 320222629 |
| Lot Sqft | 100,188 |
| Zoning | MIXED USE |
| Date Updated | May 15, 2025 |
| Date Created | February 20, 2024 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Naomi E Brown an agent of Capstone Commercial. Lic #RM425406
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Data last updated: December 21, 2025.
Contact Agent
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Showing Agent
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Robert Crawford
REAL ESTATE AGENT