Lancaster, PA 17603 720, 730, 731 Ocean Avenue
$1,250,000
27 more
Presented By: Kingsway Realty - Lancaster
SQFT • 11,554
Home Details
This distinctive property, nestled in the heart of Lancaster City, features 82 storage units on a historically rich site that was once a brickyard dating back to 1900. As Lancaster's population continues to grow, the demand for storage space is steadily rising, making this a prime investment opportunity. The property's strategic location, coupled with the increasing need for storage in the area, ensures it is both a practical and profitable asset. Whether you're looking to grow your real estate portfolio or are ready to make your first investment, this property offers an exciting chance for growth. Units are 18' deep x 9'3" wide. Garage door opening is 7'10" wide x 6'11" high. Units have one overhead light.
Presented By: Kingsway Realty - Lancaster
Interior Features for 720, 730, 731 Ocean Avenue
Other Interior Features
Central Air Y/NNo
Heating FuelNone
Hot WaterNone
General for 720, 730, 731 Ocean Avenue
Acceptable FinancingCash, Conventional
AccessibilityNone
Association Recreation FeeN
Business TypeStorage
CityLANCASTER
Construction MaterialsBrick
Cool FuelNone
CoolingNone
CountyLANCASTER
DirectionsUnits are located between 2nd and 3rd Street and Pearl Street and Ruby Street. Ocean Avenue runs directly through the property.
HeatingNone
Lot Size Square Feet4792.00
Lot Size UnitsSquare Feet
MLS AreaLancaster City (10533)
ModificationTimestamp2025-06-05T13:30:19
MunicipalityLANCASTER CITY
New ConstructionNo
Number Of Units Total82
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG312.5
Property SubtypeOther
Property TypeCommercial Sale
Property UseInvestment
SewerNo Sewer System
Standard StatusActive
StatusACTIVE
Tax Annual Amount2916.0
Tax Assessed Value78200.0
Tax Year2022
UtilitiesElectric Available
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1900
Year Built SourceEstimated
ZoningRESIDENTIAL
Exterior for 720, 730, 731 Ocean Avenue
Building Area Total4000.00
Car Parking Spaces82
Land Assessed Value23500.00
Lot Size Acres0.11
Lot Size SourceEstimated
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces82
Type of ParkingPrivate Garage
Water Oriented Y/NNo
Water SourceNone
Water View Y/NNo
WaterfrontY/NNo
Additional Details
Price History
Aleksandar Tomic
Real Estate Professional