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33726818
33726898

205 East King Street, Lancaster, PA 17602

AL
PA PA RS210178L
Lusk & Associates Sotheby's International Realty
Listed by Lusk & Associates Sotheby's International Realty
$1,095,000
7 days on market
Updated 7 days ago

205 E King St

Details
APN 332-17207-0-0000
Property Type Multifamily, Office (+1)
Sub Type Apartment Building, Commercial space
Square Footage 3,049
Units 5
Occupancy 75%
Tenancy Multi
Price per SqFt $359
Class C
Year Built 1870
Buildings 1
Acreage 0.070
Zoning Commercial
Parking Spaces 2 spaces
Parking Per SqFt 0.66
Ground Lease No
Ownership Fee Simple

Multifamily 5 Units with first floor commercial space

Marketing description

Welcome to a rare opportunity in the heart of Downtown Lancaster, nestled in the vibrant Musser Park, where charm, convenience, and potential come together in one exceptional property. This five-unit building offers a first-floor commercial space with unmatched walkability, easy access to local restaurants, coffee shops, bakeries, shopping, and entertainment. Just steps away from Central Market, the Fulton Theatre, the Ware Center, and the courthouse, the location is ideal for both residential and commercial use. Whether you're an investor seeking strong rental income or an owner-occupant looking to offset expenses, this mixed-use property delivers exceptional versatility. The property includes four residential units along with a dedicated commercial space. The carriage house features a garage on the lower level and an upper-level living space complete with a kitchen, bathroom, dramatic two-story living room, and lofted sleeping area, creating a unique and inviting atmosphere. A private deck and large backyard offer great outdoor living. Across the patio from the carriage house a second-floor unit includes one bedroom, one bath, and a deck, along with a shared patio. The rear unit also offers one bedroom and one bath, showcasing a blend of preserved original character and modern updates. At the front of the building, the first-floor commercial space is a blank canvas ready to be customized for a variety of uses, benefiting from strong foot traffic in this vibrant downtown setting. The fourth residential unit is similar to a single-family home, featuring a mudroom-style entry, a second floor living area with kitchen and living room, and a third floor with two bedrooms and a full bath. With four residential units plus commercial space, multiple income opportunities, and a prime location, this property is a standout investment. Schedule your private tour today.

Investment highlights

  • Five-unit building offers a first-floor commercial space with unmatched walkability
  • Just steps away from Central Market, the Fulton Theatre, the Ware Center, and the courthouse
  • Whether you're an investor seeking strong rental income or an owner-occupant looking to offset expenses, this mixed-use property delivers exceptional versatility
  • The carriage house features a garage on the lower level and an upper-level living space complete with a kitchen, bathroom, dramatic two-story living room, and lofted sleeping area
  • A private deck and large backyard offer great outdoor living
  • The first-floor commercial space is a blank canvas ready to be customized for a variety of uses, benefiting from strong foot traffic in this vibrant downtown setting
  • With four residential units plus commercial space, multiple income opportunities, and a prime location, this property is a standout investment

Listing Contacts

AL
PA PA RS210178L
Lusk & Associates Sotheby's International Realty
Listed by Lusk & Associates Sotheby's International Realty

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Zoning

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R4 ResidentialMulti FamilyResidential High Density
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View all 211 uses
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Last updated Jun 1, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Sandra Zercher
Title
Broker of Record
Name
Anne Lusk
License
PA RS210178L
Brokerage
Lusk & Associates Sotheby's International Realty
Brokerage Phone
717-271-3993
Title
REALTOR
Brokerage Address
100 Foxshire Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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