Central Business District Real Estate

Central Business District Real Estate

Welcome to the Central Business District (CBD) of Lancaster, Pennsylvania—a vibrant hub where history meets modernity, and opportunity flourishes! Nestled in the heart of Lancaster County, this dynamic area is not only the commercial core of the city but also a cultural melting pot that boasts a rich tapestry of experiences.

The Central Business District is characterized by its charming blend of historic architecture and contemporary developments. Stroll along the tree-lined streets, and you’ll encounter a delightful mix of boutiques, cafes, and restaurants, each offering a unique taste of Lancaster’s local flavor. Whether you’re in the mood for artisanal coffee, farm-to-table dining, or eclectic shopping, the CBD has something to satisfy every palate.

For those seeking a vibrant lifestyle, the CBD is an ideal location. It’s home to a thriving arts scene, with galleries and theaters showcasing local talent and hosting cultural events throughout the year. The Lancaster Central Market, one of the oldest continuously operating farmers' markets in the country, is just a stone's throw away, providing residents with fresh produce and artisanal goods.

The Central Business District also offers excellent connectivity, making commuting a breeze. With easy access to major highways and public transportation options, you can enjoy the best of both worlds—urban conveniences and the charm of Lancaster’s surrounding countryside.

Whether you’re looking to invest in commercial property, start a new venture, or simply enjoy the vibrant lifestyle, the Central Business District in Lancaster, PA, is a place where dreams can flourish and community thrives. Come explore the possibilities!

Newest Listings in Central Business District

129 N Market St, Elizabethtown
$299,900
GREAT INVESTMENT OPPORTUNITY IN ELIZABETHTOWN BOROUGH! This side-by-side duplex is ideal for investors or buyers looking to live in one unit while collecting rental income from the other! Each unit offers approximately 1,100 square feet of living space, 3 bedrooms, and 1 full bathroom. Features include separate natural gas hot water heating systems, separate electric services, natural gas water heaters, replacement windows, and kitchens and baths updated around 2005. Off-street parking accommodates at least 4 vehicles! The 129 side is in good condition, while the 131 side offers an opportunity for improvements and added value. Both units are currently rented on month-to-month leases at below-market rates. With potential rental income of approximately $1,500 per month per unit after improvements, this property could generate $36,000 in annual gross rental income! Tenants pay their own gas, electric, and water, and reimburse the landlord for sewer and trash. Two units, one deed, and excellent income potential! Conveniently located in Elizabethtown Borough, this property offers an opportunity for both investors and owner-occupants!

129 N Market St, Elizabethtown

Listing courtesy of RE/MAX Pinnacle. Contact:

129 N Market St, Elizabethtown
$299,900
6 Beds ⋅ 2 Baths
GREAT INVESTMENT OPPORTUNITY IN ELIZABETHTOWN BOROUGH! This side-by-side duplex is ideal for investors or buyers looking to live in one unit while collecting rental income from the other! Each unit offers approximately 1,100 square feet of living space, 3 bedrooms, and 1 full bathroom. Features include separate natural gas hot water heating systems, separate electric services, natural gas water heaters, replacement windows, and kitchens and baths updated around 2005. Off-street parking accommodates at least 4 vehicles! The 129 side is in good condition, while the 131 side offers an opportunity for improvements and added value. Both units are currently rented on month-to-month leases at below-market rates. With potential rental income of approximately $1,500 per month per unit after improvements, this property could generate $36,000 in annual gross rental income! Tenants pay their own gas, electric, and water, and reimburse the landlord for sewer and trash. Two units, one deed, and excellent income potential! Conveniently located in Elizabethtown Borough, this property offers an opportunity for both investors and owner-occupants!

129 N Market St, Elizabethtown

Listing courtesy of RE/MAX Pinnacle. Contact:

225 N Howard St, Baltimore
$400,000
<br><br> PRICE REDUCED – Now Offered at $400,000 (approx. $37.79/SF)!<BR><BR> A Truly Prominent and Beautiful Six (6) Story Building, 225 N. Howard Street, is an Excellent Opportunity for a Mixed-Use Development in Baltimore City's Market Center District, a Premier Location being only a Short Distance from many of the City's Great Venues and Centers, including the Inner Harbor, Camden Yards, and M&T Bank Stadium.<BR> <BR><BR> The Opportunity Highlights are Detailed below:<BR><BR> FLEXIBLE DEVELOPMENT OPPORTUNITY: <BR> - 10,584 Sq Ft, the Accumulation of six (6) Total Levels (five (5) above ground, one (1) below) on a 1,764 Sq Ft Footprint, is the Perfect Canvas to Create, Design, Develop, and Breathe New Life into this Property.<BR><BR> - The C-5-HS Zoning is a versatile zoning designation that allows for a seamless blend of commercial and residential use, bridging downtown vitality with neighborhood character.<BR><BR> - Range of Permitted Uses for This Mixed-Use Development includes Retail, Office, or Restaurant, Live-Work or Multi-Family, Art Studio, Gallery, or Fitness Center, Boutique Hotel, Daycare, or Place of Worship.<BR><BR><BR> AMAZING ARCHITECTURE:<BR> - Circa 1910 (per MHT inventory), this Beaux-Arts/Early Commercial Style Building with Classical Revival Ornamentation can once again Highlight the Symmetry and Decorative Hierarchy for which it is known.<BR><BR> - The Smooth, Light-Colored Stone/Cast Stone Facade with Defined Bays and Decorative Cornice can again adorn Baltimore's Downtown District. More importantly, it will stand out as a landmark for any new business.<BR><BR> - 23' of Frontage and 77' of Depth<BR> - With its Five (5) Stories above Ground, The Building Literally Stands Head and Shoulders above the Neighboring Structures.<BR><BR><BR> PRIME DOWNTOWN LOCATION: <BR> - Just minutes from Baltimore's best attractions: 0.9 miles from Baltimore's Inner Harbor, 0.6 miles from Camden Yards (Orioles Stadium), 1.1 miles from M&T Bank Stadium (Ravens Stadium), and similar distances from other desirable venues, including shopping and dining.<BR> <BR><BR> EXCELLENT TRANSIT ACCESS: <BR> - The Baltimore Light Rail Link is outside your front door, connecting you to the city and beyond.<BR> <BR><BR> TAX LAW CHANGES:<BR> - Consult your tax expert on how the recent tax law changes regarding Accelerated Depreciation make this an ideal time to invest in such a project.<BR><BR><BR> TAKE ACTION:<BR> - This development opportunity will not last. Other similar properties have been developed and stand as a reminder of Baltimore City's restoration through Smart Development and Investment.<BR><BR>

225 N Howard St, Baltimore

Listing courtesy of Bennett Realty Solutions. Contact:

414 Water St Unit 2804, Baltimore
$135,000
1 Beds ⋅ 1 Baths
The only 1 bedroom plan in this building that has water views!!!! Gorgeous water views from 28th floor b Discover urban living at its finest in this contemporary 1-bedroom, 1-bathroom unit located just a block from the water's edge at Baltimore's famous Inner Harbor. Enjoy an open floor plan that seamlessly connects the dining and living areas, perfect for entertaining. The kitchen boasts stainless steel appliances, including a self-cleaning gas oven and dishwasher, ensuring convenience and style. Step outside to enjoy panoramic water views of the Patapsco River. The building features exceptional amenities, including a fitness center, outdoor pool, and reserved parking. Security is a priority with a lobby desk, cameras, and gated access. Built in 2008, this well-maintained hi-rise offers easy access to public transportation, with a metro station and bus stop within a mile, and an airport less than 10 miles away. Experience the vibrant downtown lifestyle while enjoying the comforts of home in this excellent condition unit. Don't miss this one-of-a-kind opportunity to own the ONLY one bedroom with water view on the highest possible floor for this floorplan. Come see life at the top!

414 Water St Unit 2804, Baltimore

Listing courtesy of ExecuHome Realty. Contact:

33 W North Ave, Baltimore
$1,790,000
Class A mixed-use investment at the gateway to Baltimore’s Station North Arts & Entertainment District, at the prominent corner of W. North Avenue and Maryland Avenue. Reconstructed to the foundation in 2015, this 11,900-SF building pairs a 5,750-SF, two-level bar, restaurant, and entertainment space with three expansive residential apartments and a private rooftop patio. The commercial space offers oversized corner storefront glass, two bars, a hooded commercial kitchen, ceramic pizza oven, walk-in cooler, stainless prep and dish line, 12–15-foot clear-span ceilings, high-efficiency HVAC and water heating, sprinklers, ADA accessibility, separate lower-level street access, and adjacent street parking. It may be delivered leased or vacant at buyer’s option. Above are three approximately 2,050-SF residences: one 3BR/3BA, one 3BR/2BA, and one 2BR/2BA. Features include high ceilings, abundant natural light, hardwood floors, stone counters, stainless ENERGY STAR appliances, gas cooktops, tankless water heaters, in-unit laundry, sound attenuation, storage, and rooftop city views. Near Penn Station, MICA, University of Baltimore, I-83, MARC, Amtrak, dining, retail, and major employment centers. A rare, highly visible mixed-use asset with income in place and room to grow.

33 W North Ave, Baltimore

Listing courtesy of Charles Real Estate. Contact:

171 E King St, Lancaster
$749,900
Welcome to 171 E. King Street! This highly visiable and trafficked 3-story commercial building is located in Lancaster's very desirable Central Business District - which means the opportunities this property offers are almost endless! Keep it as-is as turnkey office space or convert it into the space of your choosing - retail, residences, rentals, barber or hair salon, restaurant... - the plethera of options are listed on the Permitted Use Table under Documents. Property offers an elevator that accesses floors 1 - 3, 2 sets of staircases, 2 sets of double-doors as main entry on E. King Street and an additional side entrance on N. Lime Street and bathroom on every floor. Parking garage is right across the street on E. King St. and the City offers permits and vouchers in lieu of parking fees.

171 E King St, Lancaster

Listing courtesy of Iron Valley Real Estate of Lancaster. Contact:

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