Kristin Shetler Real Estate Team

Real Estate Agent
License# RS320710

352 E NEW STREET, Lancaster, PA 17602

 (Sold on )

$675,000

  • Open House
  • New Listing
  • Price Reduced$20,000
  • Active
-1 More Schedule
  • 0 BedroomBeds
  • 0 BathroomBaths
  • Sqft
  • 0Acres
  • CommercialType
  • PALA2087384MLS#
-1 More Schedule

Property Description

Outstanding investment opportunity featuring a 6-unit mixed-use property in the Northeast Corridor. 4 Residential units in updated, nice condition. Laundromat with ADA Bathroom. Restaurant in operation since 2018. Fully rented, but most rents are exceptionally low due to long-term tenants. 14 commercial washers, 10 commercial dryers. Fully licensed with approved fire escapes. (4) 1 Bedroom units all leased. Built as an apartment unit + laundromat + restaurant in 1900 with commercial-sized UGI gas lines. Apartments are nice and mostly updated- newer replacement windows. 6 security cameras 24/7 monitoring. Turnkey investment in Northeast Lancaster City. $42,000 annual net income.

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Property Details 352 E NEW STREET, LANCASTER, PA 17602

Facts & Features

  • MLS #: PALA2087384
  • Status: Active
  • Date Listed: 05/01/2026
  • Type: Commercial
  • Sub Type: Five Or More Units
  • Year Built: 1900
  • Price: $675,000
  • Acres: 0.07
  • Area: Lancaster City (10533)
  • County: Lancaster

Amenities

  • View: Street
  • Waterfront Type: Public

Interior

  • Flooring: Vinyl, Wood
  • Utilities: Natural Gas Available
  • Heating: Hot Water
  • Cooling: None

Exterior

  • Lot Description: Corner
  • Roof: Metal, Rubber
  • Construction: Brick

Schools

  • School District: School District Of Lancaster

Additional Information

  • Zoning: Mixed Use

Tax Information

  • Tax: $11,507

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