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)
Presented By: PPM Real Estate, Inc.
Interior Features for 8 W King # 810
Bathrooms
Total Restrooms1
Other Interior Features
Retail SQFT3620
Central Air Y/NYes
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterOther
Other Rooms
Office SQFT3620
General for 8 W King # 810
AccessibilityRamp - Main Level
Availability Date2024-05-01
Business TypeHair Salon and Spa, Other/General Retail, Professional, Restaurant/Bar
CityLANCASTER
Construction MaterialsMasonry
CoolingCentral A/C
CountyLANCASTER
Current UseOther
DirectionsLocated just west of Penn Square in Lancaster City by the Fountain
HeatingCentral
Leasable Area3620
Lease TypeGross
Location TypeBusiness District
MLS AreaLancaster City (10533)
ModificationTimestamp2024-12-12T15:13:10
MunicipalityLANCASTER CITY
New ConstructionNo
Ok to LeaseMore Than 60 Months
Price Per Sq Ft Total AG23.0
Property SubtypeRetail
Property TypeCommercial Lease
Rent IncludesAir Conditioning, Common Area Maintenance, Electricity, Gas, Heat, Insurance, Sewer, Snow Removal, Taxes, Trash Removal, Water
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tenant PaysJanitorial Service, Minor Interior Maintenance, Parking Fee
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