37-45 North Duke St
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37-45 North Duke St
30,000 SF Office Building Lancaster, PA 17602 $4,240,920 CAD ($141 CAD/SF)
Investment Highlights
- 3 parcel assemblage in Downtown Lancaster
- Single Tenant Net Lease - 100% occupancy through 2027
- Located near retail, restaurants, entertainment, & hotel amenities
- Approximately 30,000 +/- SF
- On-site parking for 27 vehicles
- Potential future redevelopment opportunity
Executive Summary
A three parcel assemblage in downtown Lancaster; 37 N Duke St (332-56851-0-0000), 45 N Duke St (332-56082-0-0000) and 37 N
Cherry St (332-64630-0-0000). are all included to total 30,008 SF that is currently a NNN lease by single Tenant Murray Insurance.
This lease expires 9/30/27. There are 27 parking spaces included in the rear of the building. Charm and appeal through to
properties, 37 was built in 1880, 45 in 1916 and 37 Cherry in 1941 and these periods are reflected in the finishes. Great location as it
is walkable within a couple blocks to all of downtown, the vibrant retail, restaurants, pubs and entertainment. A must see for one
who appreciates the detail the city curb appeal. Potential redevelopment for multi family or mixed use.
Cherry St (332-64630-0-0000). are all included to total 30,008 SF that is currently a NNN lease by single Tenant Murray Insurance.
This lease expires 9/30/27. There are 27 parking spaces included in the rear of the building. Charm and appeal through to
properties, 37 was built in 1880, 45 in 1916 and 37 Cherry in 1941 and these periods are reflected in the finishes. Great location as it
is walkable within a couple blocks to all of downtown, the vibrant retail, restaurants, pubs and entertainment. A must see for one
who appreciates the detail the city curb appeal. Potential redevelopment for multi family or mixed use.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
30,000 SF
Building Class
C
Year Built
1880
Price
$4,240,920 CAD
Price Per SF
$141 CAD
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
10,000 SF
Building FAR
1.50
Lot Size
0.46 AC
Zoning
CB - Central Business
Parking
27 Spaces (0.9 Spaces per 1,000 SF Leased)
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Walk Score®
Walker's Paradise (98)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,705,974 CAD | |
| Land Assessment | $254,801 CAD | Total Assessment | $1,960,776 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$254,801 CAD
Improvements Assessment
$1,705,974 CAD
Total Assessment
$1,960,776 CAD
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37-45 North Duke St
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