New Listing
$1,025,000
 $5,502 est/mo Sourced by Back At You

205 E King St,LANCASTER, PA 17602

LANCASTER, PA 17602

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Description

Welcome to a rare opportunity in the heart of Downtown Lancaster, nestled in the vibrant Musser Park, where charm, convenience, and potential come together in one exceptional property. This five-unit building offers a first-floor commercial space with unmatched walkability, easy access to local restaurants, coffee shops, bakeries, shopping, and entertainment. Just steps away from Central Market, the Fulton Theatre, the Ware Center, and the courthouse, the location is ideal for both residential and commercial use. Whether you're an investor seeking strong rental income or an owner-occupant looking to offset expenses, this mixed-use property delivers exceptional versatility. The property includes four residential units along with a dedicated commercial space. The carriage house features a garage on the lower level and an upper-level living space complete with a kitchen, bathroom, dramatic two-story living room, and lofted sleeping area, creating a unique and inviting atmosphere. A private deck and large backyard offer great outdoor living. Across the patio from the carriage house a second-floor unit includes one bedroom, one bath, and a deck, along with a shared patio. The rear unit also offers one bedroom and one bath, showcasing a blend of preserved original character and modern updates. At the front of the building, the first-floor commercial space is a blank canvas ready to be customized for a variety of uses, benefiting from strong foot traffic in this vibrant downtown setting. The fourth residential unit is similar to a single-family home, featuring a mudroom-style entry, a second floor living area with kitchen and living room, and a third floor with two bedrooms and a full bath. With four residential units plus commercial space, multiple income opportunities, and a prime location, this property is a standout investment. Schedule your private tour today.

Details

MLS #PALA2093954
Listing TypeFor Sale
Sub-TypeResale
StatusActive-bright
Year1870
Days On Site5
Listing Provided ByLusk & Associates Sotheby's International Realty | Anne M Lusk

Features

SQ Feet3,049
Garage2
Units4
ZoningMIXED USE
Acreage0.07
Property ViewCity

Interior

CoolingOther, Ductless/Mini-Split
Heating Yes / NoYes
HeatingForced Air, Hot Water

Exterior

Construction MaterialsBrick

Parking

Garage Yes / NoYes

Taxes

Tax Annual Amount6403

Area Information

StatePA
CountyLANCASTER PA
CityLANCASTER
Zip Code17602
AreaLancaster City (10533)
Community NameMUSSER PARK
School DistrictSCHOOL DISTRICT OF LANCASTER
High SchoolMCCASKEY CAMPUS
Listing VS Median (in MUSSER PARK)
Price:
$1,025,000
low | high
Med:
$479,950
100% of Average
sqft:
3,049
low | high
Med:
1,844
89.521154476878% of Average
$ / sqft:
$336
low | high
Med:
$258
73.112804352637% of Average
On site:
5
low | high
Med:
20.5
24.390243902439% of Average
Sourced by Back At You

Market Activity 17602

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Learn More About This Property

StatePA
CountyLANCASTER PA
CityLANCASTER
Zip Code17602
AreaLancaster City (10533)
Community NameMUSSER PARK
School DistrictSCHOOL DISTRICT OF LANCASTER
High SchoolMCCASKEY CAMPUS
Listing VS Median (in MUSSER PARK)
Price:
$1,025,000
low | high
Med:
$479,950
100% of Average
sqft:
3,049
low | high
Med:
1,844
89.521154476878% of Average
$ / sqft:
$336
low | high
Med:
$258
73.112804352637% of Average
On site:
5
low | high
Med:
20.5
24.390243902439% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $768K - $1.281M
sqft: 2,000 - 3,500
Nearby Listings Property ImageNearby Listings Details
15 N LIME ST Property Photo 1
$645,000
15 N Lime St
Lancaster, PA 17602
Listing Updated: August 18, 2026 at 10:57:47 PM PDT