205 E King St, Lancaster, PA 17602 | For Sale

Loading map...
Back to Search    

For Sale $1,095,000

$1,095,000
  • (0)
  • 1 Units
  • Unknown Sq Ft
  • 3,049 Sq Ft
  • Unknown Cap Rate

Description

Welcome to a rare opportunity in the heart of Downtown Lancaster, nestled in the vibrant Musser Park, where charm, convenience, and potential come together in one exceptional property. This five-unit building offers a first floor commercial space with unmatched walkability, easy access to local restaurants, coffee shops, bakeries, shopping, and entertainment. Just steps away from Central Market, the Fulton Theatre, the Ware Center, and the courthouse, the location is ideal for both residential and commercial use. Whether you're an investor seeking strong rental income or an owner-occupant looking to offset expenses, this mixed-use property delivers exceptional versatility.
The property includes four residential units along with a dedicated commercial space. The carriage house features a garage on the lower level and an upper-level living space complete with a kitchen, bathroom, dramatic two-story living room, and lofted sleeping area, creating a unique and inviting atmosphere. A private deck and large backyard offer great outdoor living.
Across the patio from the carriage house a second-floor unit includes one bedroom, one bath, and a deck, along with a shared patio. The rear unit also offers one bedroom and one bath, showcasing a blend of preserved original character and modern updates.
At the front of the building, the first-floor commercial space is a blank canvas ready to be customized for a variety of uses, benefiting from strong foot traffic in this vibrant downtown setting.
The fourth residential unit is similar to a single-family home, featuring a mudroom-style entry, a second floor living area with kitchen and living room, and a third floor with two bedrooms and a full bath.
With four residential units plus commercial space, multiple income opportunities, and a prime location, this property is a standout investment. Schedule your private tour today.

Loading map...

Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $1,095,000
Property Type Multi-Family
Usable Sqft Unknown
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 1870
Last Sold Unknown
Sold Price Unknown
APN # 3321720700000
MLS # PALA2085982
Property ID 322807548
Lot Sqft 3,049
Zoning RESIDENTIAL
Total Units 1
Days on Market 28
Original List Price Unknown
Date Updated May 15, 2026
Date Created April 30, 2026

Financials not available online. Please inquire with your agent for more details.

Listing Provided By

Anne M Lusk an agent of . Lic #RS210178L


© 2026 Copyright BRIGHT, All Rights Reserved

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.

This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors.

Information Deemed Reliable But Not Guaranteed



Data last updated: May 28, 2026.
$
%
Compare rates
%
Your payment

per month
Estimated payment
Loan amount
Down payment
Interest rate
Loan term
Taxes & insurance included?
Property tax
Homeowner's insurance
HOA dues

Payment Breakdown

Your payment

per month

Amortization

Principal vs. interest



Our powerful mortgage calculator tools helps you estimate your potential mortgage payment on the purchase of a property. Use our tool to find the ideal combination of interest rates, downpayment and real estate purchase price to see the payment that best suits you. Please consult a licensed loan officer to be pre-approved for financing options.

Similar Properties

Real Estate Broker
Santa Monica, CA
WE ARE REALTY PARTNER
5
7 Reviews
  • 86Sales
  • 11Listings
  • 36Posts
Contact Agent Schedule a Showing

Write an Offer
Love This Property

people love this property

Love This Property