Active
828, 824 & 820 Highland Ave
Lancaster PA, 17603
$850,000
Active
Commercial
Built in 1932
Also included is a two-story warehouse with a walkout basement and a two-car attached garage. The zoning of R-3 leaves many possibilities and lots of potential. This sale also includes three deeded properties with four units rental.
Many buildings/garages are not rented, which will add much more income. There is a 2-car detached garage behind 828 and a small building (both contain owners' personal property). 1 built-in garage on 828 with tenant from 826 personal items. There are 10 connected garages at 820 (tenant for 820 has contents in 1st, and all others are rented or have owners' contents in them. Also, 820 has another 2-car garage with a level drive in the front and loading docks in the rear with two garage doors. It is attached to a 2-story warehouse with a full basement and outside entrance. There is also a single garage. Also, access from Highland to the garage between 824 and 820.
All rents are way below market value. The projected gross income is approximately $80,700. Zoned R-3 leaves many options for the Warehouse and 824 are vacant, not rented, and has owner personal property. Many updates, including mechanicals. All tenants are month-to-month. The total taxes shown are the total of all properties. The seller is requesting 1-month post occupancy on the 2-car garage and the warehouse connected to it. Buyer buys properties As-Is. 24-hour notice needed for showings
Properties border Highland to S Queen Street. There is access from S Queen Street to the warehouse and other buildings.
PALA2063894
MLSⓇ ID
February 4, 2025
Listed
February 4, 2025
Updated
Map
828, 824 & 820 Highland Ave
Lancaster PA, 17603
Interior Features
Appliances
Electric Water Heater
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Radiant, Natural Gas
Exterior/Building Features
Lot Size
0.59 Acres
Roof
Asphalt, Rubber
Sewer
Public Sewer
Other Property Details
Area Name
LANCASTER CITY
Days on Market
1
Garage
No
Parking
On Street
Parking Total
24
View
No
County
LANCASTER
Water Source
Public
Pool
No
Listed by Advanced Realty Services
Listing Contact: 7172781677
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Data last updated on 2/4/2025 at 4:47 PM UTC