Fulton Market

417 E. Frederick St., Lancaster, PA 17602

For Sale

47,697 SF

Fulton Market

417 E. Frederick St., Lancaster, PA 17602

For Sale

± 0 SF

  • Fulton Market

Property Details


Building Size:

47,697 SF

Total Lot Size:

1.06 Acres

Property Type:

Multi Family

Price:

$6,521,678.50

Tenancy:

Multi

Building Status:

Existing

Number of Units:

37

Utilities:

Natural Gas

Property Features


  • Elevators: No

Project Description


Fulton Market Apartments is a 37-unit residential community totaling a combined 47,697 square-feet, in the heart of Downtown Lancaster. The apartments range from 1,176 – 1,650 square-feet in size and are arranged in the following layouts; (2) 3 bedrooms, 2.5 bathrooms, (1) 3 bedrooms, 2 bathrooms, (1) 4 bedrooms, 2 bathrooms, and (33) 2 bedrooms, 1.5 bathrooms. The property is within close proximity to the heart of Downtown Lancaster and in walking/short driving distance to nearby local traffic generators such as, Clipper Magazine Stadium, the Lancaster Convention Center, Central Market, The Fulton Theatre, Chameleon Club, and The Pressroom, just to name a few. The potential rents available in the area, are greater than the rents that are being currently collected, which provides upside to a Buyer. Operating at 87% occupancy, there is an opportunity to lease the 5 vacant units at market rates and increase the NOI immediately.

Property Location:



AVAILABLE SPACE: 0 SF


417 E. Frederick St., Lancaster PA 17602


417 E. Frederick St., Lancaster PA 17602

Brokers

Abe Khan

Senior Sales & Leasing Associate, Retail
717.843.5555 x231

717.891.0836

akhan@bennettwilliams.com

Brad Rohrbaugh
Brad Rohrbaugh
Executive VP, Retail Director
717.843.5555

717.891.7368

brohrbaugh@bennettwilliams.com

Chad Stine

President & CEO
717.843.5555

717.968.7505

cstine@bennettwilliams.com

More Info