Lancaster, PA 17603 542 S Prince Street
$499,900
Presented By: Keller Williams Elite
SQFT • 1,000
Home Details
Prime Commercial Opportunity Auto Service & Sales Center
Perfect for an owner-operator or investor, this versatile commercial property offers a fully equipped auto service and sales center. The building features approximately 1,000 SF of functional space, including a 24 x 24 garage with car lift, 19 x 11 office, 11 x 6 storage area, 5 x 3 bathroom, and 13 x 6 hallway.
Currently leased to R & Y Auto Sales & Services under flexible lease terms, this property offers immediate income potential with the option for future owner occupancy or lease restructuring. With its established use, existing equipment, and adaptable layout, the site is ideal for a variety of automotive or small business operations.
Dont miss this excellent investment or business opportunity.
Presented By: Keller Williams Elite
Interior Features for 542 S Prince Street
Other Interior Features
Central Air Y/NNo
FlooringConcrete, Vinyl
Heating FuelOil
Heating Y/NYes
Hot WaterElectric
General for 542 S Prince Street
Acceptable FinancingCash, Conventional
AccessibilityOther
Business TypeAuto Related, Car Wash/Truck Wash, Parking Garage, Parking Lot, Truck Maintenance Facility
CityLANCASTER
Construction MaterialsBlock
Cool FuelElectric
CoolingWindow Unit(s)
CountyLANCASTER
DirectionsS Prince st in Lancaster City-just past Hazel
HeatingOther
Location TypeDowntown
Lot Size Square Feet9148.00
Lot Size UnitsSquare Feet
MLS AreaLancaster City (10533)
ModificationTimestamp2025-06-06T11:33:41
MunicipalityLANCASTER CITY
New ConstructionNo
Number Of Units Total
OwnershipFee Simple
PossessionSettlement
Possible UseAutomotive, Car Wash, Commercial, Office, Parking, Professional Service, Special Purpose, Storage Yard
Price Per Sq Ft Total AG499.9
Property SubtypeSpecial Purpose
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusComing Soon
StatusCOMING SOON
Subdivision NameLANCASTER
Tax Annual Amount4870.0
Tax Assessed Value121800.0
Tax Year2024
UtilitiesCable TV
Vacation Rental Y/NNo
ViewCity
Water Access Y/NNo
Year Built1935
Year Built SourceEstimated
ZoningCOMMERCIAL
Exterior for 542 S Prince Street
Building Area Total1000.00
Car Parking Spaces30
Land Assessed Value60600.00
Land Use Code534
Lot Size Acres0.21
Lot Size SourceEstimated
Navigable Water Y/NNo
Other EquipmentNegotiable
Total Loading Docks1
Total Parking Spaces32
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
Aleksandar Tomic
Real Estate Professional