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101 E King St
Lancaster, PA 17602 Downtown Lancaster

$1,375,000 USD

Apartments For Sale  •  7,938 SF

Property Details

  • Property Type Apartments
  • Total Building Size 7,938 SF
  • Lot Size 0.12 AC
  • Building Class C
  • Year Built 1900
  • Zoning CB1
50 Transit Score
90 Walk Score

Highlights

Six one-bedroom apartments plus a leased restaurant space currently occupied by Silantro Restaurant.
Restaurant tenant pays fixed rent of $3,900 per month plus utilities, with lease secured through 2030.
Located one block from Penn Square and Lancaster Convention Center, offering strong connectivity to core city amenities.
CB1 zoning permits multiple uses, including approved short-term rental operations.
Projected Net Operating Income of approximately $85,668 based on current figures.
Improved property includes unfinished basement area for additional storage or future utilization.

Property Flyers

Amenities

  • 24 Hour Access

Public Transportation

Commuter RailDriveWalkDistance
5 min - 1.5 mi
AirportDriveWalkDistance
Harrisburg International 45 min - 32.9 mi
Thomas McDermott 717-471-8800 U.S. Commercial Realty
Thomas McDermott 717-471-8800 U.S. Commercial Realty