MLS#PALA2087588
STATUSACTIVE
PROPERTY TYPECommercial -
SCHOOLSCHOOL DISTRICT OF LANCASTER
Property Description
Historic three-story downtown investment property full of charm and character, featuring 10 apartments in a prime location within walking distance to Franklin & Marshall College. This well-maintained building showcases original hardwood floors, timeless architectural details, and the classic appeal of a solidly built historic structure. Owner-managed for over 20 years, the property offers gas heat, separate electric meters for each unit, and on-site coin-op laundry. One vacant unit is currently being renovated, creating immediate upside potential. Low operating expenses contribute to a strong return, making this a rare opportunity to own a stable multifamily asset with solid income and enduring character in the heart of downtown.
Property Features
Property Type: Commercial -
Cooling: Ceiling Fan(s), Window Unit(s)
Fuel Type: Natural Gas
Heating: Radiator
Lot Size: 0.10 Acres
Roof Type: Rubber
Taxes: $12,214
Year Built: 1890
Feature Descriptions
Accessibility: 2+ Access Exits
Days on Site: 1
Exterior: Brick
Flooring: Hardwood, Vinyl
Location: Downtown
Lot Dimensions: 0.10 Acre(S)
Municipality: LANCASTER CITY
Sewer: Public Sewer
Special View Info: City, Street
Total Garage/Parking Spaces: 0
Units: 10
Water: Public
Local Schools
School District: SCHOOL DISTRICT OF LANCASTER
Listed By / Shown By
Listed By
Agency Name: Coldwell Banker Realty
Agency Phone: 7177358400
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0400
135- 137 College Avenue | MLS# PALA2087588
This commercial property located at 135- 137 College Avenue, Lancaster, PA 17603 is currently listed for sale with an asking price of $1,390,000. 135- 137 College Avenue is located within the SCHOOL DISTRICT OF LANCASTER school district. Search Lancaster real estate on www.realtymark.net today.