$99,000
$99,000
For more information regarding the value of a property, please contact us for a free consultation.
663 UNION ST Lancaster, PA 17603
7,405 Sqft Lot
Key Details
Sold Price $99,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Subdivision Cabbage Hill
MLS Listing ID PALA2002636
Year Built 1981
Annual Tax Amount $1,887
Tax Year 2021
Lot Size 7,405 Sqft
Property Description
Fantastic investment opportunity in the Cabbage Hill/SOWE neighborhood of Lancaster City. Join the exciting developments in this area in 2021, with close proximity to downtown restaurants, galleries, and markets. There is a strong need for off-street parking in this neighborhood, as many homes do not offer off-street parking for a vehicle. This large parking lot with 18 total spaces, currently rented by long term tenants with over 8% gross ROI and minimal maintenance. Current rent is $50 per space, per month. Low maintenance required with this investment offering! This property can be sold with another parking lot at 409 High Street, Lancaster PA 17603 (17 spots), as a package deal for $220,000.
Location
State PA
County Lancaster
Area Lancaster City (10533)
Zoning COMMERCIAL
Interior
Hot Water None
Heating None
Cooling None
Exterior
Garage Spaces 18.0
Water Access N
Building
Sewer Public Sewer
Water None
New Construction N
Schools
High Schools Mccaskey Campus
School District School District Of Lancaster
Others
Acceptable Financing Bank Portfolio, Cash, Conventional
Listing Terms Bank Portfolio, Cash, Conventional
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
![Jason Gareau](https://cdn.chime.me/image/fs/user-info/2021216/15/w600_original_ad1fd64f-ba58-48cd-aa8e-89bf5999b4bd.jpeg)
Our team is ready to help you sell your home for the highest possible price ASAP
![Bright MLS (BMLS)](https://cdn.chime.me/image/fs01/sitebuild/20181002/19/h600_original_23509894589943826.png)
Bought with Austin Will • Berkshire Hathaway HomeServices Homesale Realty
![](https://cdn.chime.me/image/fs/user-info/2021216/15/w600_original_ad1fd64f-ba58-48cd-aa8e-89bf5999b4bd.jpeg)