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MLS: #PALA2088324, Listed By: Anne Lusk, Lusk & Associates Sotheby's International Realty, Source:Bright MLS

205 E King Street

LANCASTER, PA 17602
Mark as Favorite
Bed 5

Bed

Bath 0

Bath

SqFt3,049

Sqft

Acres0.07

Acre(Lot)

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 ga rage 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,095,000

AD Id : 78789922

MLS Id : PALA2088324

Beds : 5

Lot Size : 0.07 Acre

Living Area Size : 3,049

Year Built : 1870

Garage : 2

County : LANCASTER

Subdivision: Musser Park

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 5
  • Flooring Information

    Laminate, Wood, Ceramic Tile, Vinyl
  • Interior Features

    Appliances: Electric Water Heater, Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air, Hot Water Has Cooling: Yes Cooling: Other, Ductless, Electric

  • Building Information

    Year Built: 1870 Building Area Total: 3049 Construction Materials: Brick Patio And Porch Features: Patio, Deck Pool Features: None Private Pool: No View: City

  • Lot Information

    Lot Size Acres: 0.07 Lot Size Source: Assessor Lot Size Square Feet: 3049

    Property Information

    Subdivision: MUSSER PARK Source Property Type: Residential Income Postal Code Plus 4: 5025 Property SubType: Multi Family Property Age: 156

  • Listing Price Information

    Listing Price: $1095000

  • Tax Information

    Parcel Number: 332-17207-0-0000 Tax Year: 2025 Annual Tax: $5959

  • Parking Information

    Parking Total: 2 On Street, Garage, Attached

    Garage Information

    Has Garage: Yes Has Attached Garage: Yes Garage Space: 2

  • School Information

    Elementary School:
    Junior High School:
    Senior High School: MCCASKEY CAMPUS
  • Location Information

    Direction: Head North on Duke St, turn left on E King St, Destination will be on the left. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
464 S Ann Street, Lancaster, PA, 17602 $309,900 5 -- 1,596 1,596 SqFt
241 N Franklin Street, Lancaster, PA, 17602 $224,900 3 -- 1,700 1,700 SqFt
253 S Ann Street, Lancaster, PA, 17602 $259,900 4 -- 1,504 1,504 SqFt
537 E King Street, Lancaster, PA, 17602 $324,900 3 -- 2,868 2,868 SqFt
534 E Grant Street, Lancaster, PA, 17602 $519,900 6 -- 2,890 2,890 SqFt
529 E King Street, Lancaster, PA, 17602 $374,900 3 -- 2,325 2,325 SqFt
15 N Lime Street, Lancaster, PA, 17602 $675,000 1 -- 1,350 1,350 SqFt
352 E New Street, Lancaster, PA, 17602 $695,000 4 -- 4,392 4,392 SqFt
361 E Ross Street, Lancaster, PA, 17602 $350,000 3 -- --
324-326 S Christian Str.., Lancaster, PA, 17602 $425,000 7 -- 3,581 3,581 SqFt

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ByOwner last updated this listing 06/07/2026 @ 10:40

MLS: PALA2088324 LISTED BY: Anne Lusk, Lusk & Associates Sotheby's International Realty 717-291-9101 SOURCE: Bright MLS

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