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Anita Mohamed

stagesite-3.test@chime.me +1(347) 903-3025

$ 695,000

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352 E NEW ST Lancaster, PA 17602

3,049 Sqft Lot

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Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Coming Soon

Purchase Type For Sale

Lot Size 3,049 Sqft

MLS Listing ID PALA2087384

Financing Conventional,Cash

Subdivision None Available

Total Units 4

Short Sale No

Originating MLS BRIGHT

Available Date 2026-05-10

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.

Location

State PA

County Lancaster

Area Lancaster City (10533)

Zoning MIXED USE

Interior

Hot Water Natural Gas

Heating Hot Water

Cooling None

Flooring Vinyl, Wood

Inclusions All laundry mat equipment- 10 Huebsch Commercial Dryers, 14 Commercial Washers. Most of the restaurant equipment.

Heat Source Natural Gas

1-purchase type For Sale

Exterior

Utilities Available Natural Gas Available

Waterfront N

Water Access N

View Street

Roof Type Metal,Rubber

Accessibility None

Parking Type On Street

Building

Lot Description Corner

New Construction N

Foundation Stone

Lot Dimensions 25x109

Sewer Public Septic

Water Public

Schools

School District School District Of Lancaster

Others

Tax Amount $11,507

Tax Year 2026

Tax ID 336-64423-0-0000

Ownership Fee Simple

Security Features Smoke Detector,24 hour security,Security System

Acceptable Financing Conventional, Cash

Special Sale Standard

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Listed by Ervin Barkman • Kingsway Realty - Lancaster

Anita Mohamed

Broker Associate | jhy1aaaaaaaaaaaaaaaa 244410410

+1(347) 903-3025 | stagesite-3.test@chime.me

Anita Mohamed

352 E NEW ST Lancaster, PA 17602

Key Details

Location

Interior

Exterior

Building

Schools

Others

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352 E NEW ST

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