PPM Real Estate

121 S. Prince Street

Property Address

121 South Prince Street
Lancaster, PA 17603

$6,500 per month


Modified Gross Lease

Professional, Spa, Health, Institutional etc.

121 South Prince Street is a renovated 1890s , historic Beaux Arts mansion originally built for Zahm Rhoads, a well-travelled art, jewelry, and antiques dealer. | This building is a rare piece of architecture in Lancaster City adorned with ornate details, and stonework, resembling architecture typically found in Manhattan or Brooklyn. | The building is located next to St. Mary’s Church and just steps away from the newly revitalized Southern Market and the coming-soon Willow Valley Retirement Community.

This area of the city is the new hotbed for revitalization! | Offering large open spaces, private rooms, beautiful windows and stained glass, and incredible signage visibility to 11,500 vehicles per day. Enjoy the outside patio area and easy onsite parking for at least 10 cars plus the adjacent property offers up to 40 leased parking spaces at $50/mo. (negotiable if leased in bulk). | $6,500/month rent includes everything except utilities. Landlord pays taxes, maintains the grounds, removes snow and pays building insurance. | Note that the property is in the R4 zone and may require a zoning hearing for use approval (historic uses were non conforming and approved by the zoning hearing board).

In the event Tenant requires more space, there is an opportunity to expand and lease the upper floors of the building (currently used as a large apartment). The 6,153 sq. ft. premises offers 4,618sf on the first floor and 1,535sf on the ground level (with windows and exterior entrance). See floor plan in the brochure under documents. [Landlord received zoning approval for an event venue/food use. No renovations were completed toward finishing the building for this use but plans exist if Tenant is interested in this use. LANDLORD HAS A LIQUOR LICENSE AVAILABLE FOR SALE FOR TENANT]

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