$425,000
 $2,281 est/mo Sourced by Back At You

645 S Prince St,LANCASTER, PA 17603

LANCASTER, PA 17603

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Description

Prime Mixed-Use Opportunity in Lancaster City. Unlock the full potential of this fully renovated mixed-use property, prominently positioned on a high-visibility corner at a signalized intersection with an average daily traffic count of 11,849 vehiclesdelivering unbeatable exposure for your business. This turnkey building offers the ideal combination of commercial and residential space, perfect for maximizing cash flow and long-term investment returns. The first-floor commercial unit has been thoughtfully laid out with five partitioned rooms, two restrooms, a welcoming reception area, and a stylish coffee bar. Designed for flexibility, this space is perfectly suited for a professional office, salon, nail studio, boutique retail, or barber shop. Thanks to clear-span ceiling joists, the interior walls can be easily removed to accommodate open layouts for other uses, including a convenience store or studio space. With modern finishes, fresh interiors, and large storefront windows, this space is move-in ready for your business. Above, a bright and spacious two-bedroom apartment features a private entrance and updated finishes throughout, making it ideal for a short-term Airbnb rental or long-term tenant. The layout, natural light, and contemporary upgrades make it equally appealing to renters and owner-occupants seeking to live in the heart of Lancaster City. The entire building has been renovated from top to bottom, including a new roof, HVAC system, plumbing, electrical, flooring, and paint. Two off-street parking spots and ample street parking nearby offer rare convenience in the city. With excellent curb appeal and a location just minutes from downtown Lancaster’s vibrant shops, cafés, restaurants, and cultural destinations, this property stands out as a smart and forward-thinking investment. Whether you’re an entrepreneur seeking a live/work opportunity or an investor looking to diversify with multiple income streams, 645 S Prince Street offers flexibility, visibility, and value in one of Lancaster’s fastest-growing corridors. Schedule your private tour today and see the potential for yourself.

Details

MLS #PALA2070998
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive-bright
Year1890
Days On Site18
Listing Provided ByLPT Realty, LLC | Vuthy Taing

Features

SQ Feet2,145
BasementY
Story(s)3
Units2
ZoningMU
Acreage0.04
Property ViewCity

Interior

CoolingCentral A/C
Heating Yes / NoYes
HeatingForced Air
Fireplace Yes / NoNo

Exterior

RoofFlat, Shingle, Pitched
Construction MaterialsBrick
Foundation DetailsConcrete Perimeter

Parking

Garage Yes / NoNo
Parking FeaturesAsphalt Driveway

Utilities

SewerPublic Sewer
ElectricVolts220

Taxes

Tax Year2024
Tax Annual Amount3964

Market Activity 17603

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Learn More About This Property

StatePA
CountyLANCASTER PA
CityLANCASTER
Zip Code17603
AreaLancaster City (10533)
Community NameLANCASTER CITY WARD 4
School DistrictSCHOOL DISTRICT OF LANCASTER
Listing VS Median (in LANCASTER CITY WARD 4)
Price:
$425,000
low | high
Med:
$215,000
99.411764705882% of Average
SqFt:
2,145
low | high
Med:
1,720
69.81351981352% of Average
$ / SqFt:
$198
low | high
Med:
$125
86.911764705882% of Average
On site:
18
low | high
Med:
35.000000
51.428571428571% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $318K - $531K
SqFt: 1,500 - 2,500
Listing Updated: June 19, 2025 at 12:57:45 AM PDT