343 S REAR S ANN STREET, LANCASTER, PA, 17602

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$924,999
New Listing

343 S REAR S ANN STREET
LANCASTER, PA 17602

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
1,660
SqFt
$557
/SqFt
1945
Built
County:
LANCASTER
Listing courtesy of Keller Williams Elite
Call Now: 610-983-3045
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610-983-3045
343 S REAR S ANN STREET343 S REAR S ANN STREET
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Monthly Payment (Est.)

$4,220
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Exceptional .69-acre mixed-use investment opportunity spanning four adjoining parcels in Lancaster City, fully serviced with public water, public sewer, and electric. Three of the parcels—343 Rear S Ann St (TAXID 3374841000000), 324 S Marshall St Rear (TAXID3374070900000), and 330 S Marshall St Rear (TAXID 337383800000) operate as a legally pre-existing self-storage facility, offering 21 units plus approximately 6,200 sq ft of outdoor storage. These parcels deliver strong, immediate cash flow from an established, grandfathered use. The fourth parcel, 523 Rear Juniata St (TAXID 3374317000000) , is not currently part of the storage operation but provides significant development flexibility. Because all four parcels physically adjoin one another, the entire .69 acres can be combined, allowing the potential to expand the existing storage facility (subject to approvals) and create a unified, higher-income complex. This parcel also has an active plan underway for a 1,200 sq ft miscellaneous repair shop, which is permitted by right—meaning this use is allowed outright so long as it follows ordinance guidelines and completes the standard municipal process. Stormwater engineering for this 1,200 sq ft building has already been completed, giving a future owner a head start. The zoning district offers several additional permitted-by-right or feasible development options, subject only to following the ordinance and completing the normal review steps. These include concepts such as townhouses, multifamily buildings, or residential units above a non-residential use (above a non-residental use). When the parcels are combined, the full .69-acre footprint may support increased density, making residential or mixed-use development even more attractive. With steady cash flow, four fully serviced and adjoining lots, multiple permitted-by-right pathways, and major value-add potential, this property represents a rare and powerful opportunity. Ideal for developers, investors, or owner-operators looking for a site that can grow into a significantly more valuable mixed-use complex. Owner is a licensed Pennsylvania real estate agent. This property offers numerous permitted uses and strong future potential. Please contact me directly with any questions regarding rents, permits, or the development plan currently in progress for the lot.

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Listing Snapshot
Price 
$924,999
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
1,660 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.33 Acres
Year Built 
1945
MLS® Number 
PALA2080436
Status 
Active
Property Tax 
$849
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Estimated
Friends & Family
Recent Activity
5 hours agoListing updated with changes from the MLS®
5 hours agoListing first seen on site
General Features
Acres 
0.33
Additional Property Use 
DevelopmentMini-StorageMulti-Family
Foundation 
BlockStoneConcrete Perimeter
Number Of Stories 
1
Parking 
On StreetPrivatePavedParking LotOtherDriveway
Parking Spaces 
45
Property Sub Type 
Mixed Use
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
1660
Utilities 
Sewer AvailableWater AvailableElectricity AvailableCable Available
Water Source 
Public
Zoning 
R-3
Interior Features
Flooring 
Concrete
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Exterior Features
Construction Details 
BlockMetal SidingWood SidingFrame
Fencing 
Fenced
Lot Features 
PrivateLevelCleared
Roof 
Metal
View 
City
Waterview 
City
Community Features
MLS Area 
Lancaster City (10533)
Roads 
Paved
School District 
SCHOOL DISTRICT OF LANCASTER
Schools
School District
SCHOOL DISTRICT OF LANCASTER
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Keller Williams Elite



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Neighborhood & Commute
Source: Walkscore
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