For Sale/Lease - Home | High Associates, Lancaster PA story office property constructed over 95 car parking structure. Two existing tenants with short term leases in place. Elevator,

115 EAST KING STREET LANCASTER, PA 17603

Industrial/Commercial Realtors

For Sale/Lease 717.293.4477

1853 William Penn Way Lancaster, PA 17601 717.293.4477 www.highassociates.com/propertysearch

SECTION 1

• Property Information Sheet• Photos

SECTION 2

• Location Map• Aerial Map• Tax Map• Zoning Map• Zoning Ordinance• Deed

SECTION 3

• Site Plan• Floor Plans

SECTION 4

• Lancaster City Information

SECTION 5

• Commercial Property Information Sheet


Table of Contents 717.293.4477


115 East King Street Lancaster, PA 17603

Available Square Feet: 26,655 square feet

Sale Price: $2,650,000

Description: Three story office property constructed over 95 car parking structure. Two existing tenants with short term leases in place. Elevator, new lighting and HVAC.

Premier Downtown Lancaster Property

BUILDING INFORMATION

Office Building Area: Three floors 8,885 SF per floor = 26,655 SF Parking Structure: Two floors 14,780 SF per floor = 29,560 SF Exterior: Brick with 1½ rigid insulation Date Constructed: 1972 Type Construction: Masonry load bearing walls with steel frame. Exterior – brick. Contractor: Rice & Weidman Architect: John deVitry Floor: Reinforced concrete floor with steel decking Foundation: Concrete footers supporting concrete walls. Garage is concrete and

second level parking deck is pre-engineered concrete. Elevator: One (1) 4,000 lb. capacity Number of Floors: Five-story building with two floor garage and three

floor multi-tenant offices Roof Deck: 1½ “ metal Roof: Sloped insulated Firestone rubber roof replaced in mid 90’s.

Supported by steel joists/trusses. Aluminum gutters and spouting. Roof Water Discharge: Two (2) 5” roof drains Interior Frame: 4th floor – metal, 2nd & 3rd floors – wood


For Sale 717.293.4477


Doors: Wood solid core Wall Finishes: Combination painted dry wall, plaster, wood and

fabric wall covering Lighting: Combination of recessed and fluorescent with new

T-5 high efficiency bulbs Building Dimensions: Approximately 60’ x 150’ Sprinklers: Property fully sprinklered with wet system in building and

dry system in parking area Fire/Safety: Centrally monitored Silent Knight System. Fire alarm & 16

security cameras around the property serviced by Yarnell. Electric: 3-phase, 2,000 amp service with two (2) 400 amp and two (2) 200

amp service units in penthouse HVAC: Recently replaced with high efficiency, centrally controlled

Mitsubishi City multi heat pump system with three main zones. Water & Sewer: Public – Lancaster City Hot Water: Gas fired Gas: On-site – UGI (back-up emergency generator) Parking: 95 total spaces on two levels Break Areas: Small kitchen and break room on each floor Storage: Secured in garage area and on sixth floor utility area Restrooms: One set men’s and women’s on each floor Current Tenants: EHD Insurance and Benefits and Devine Law Offices Road Frontage/Access: East King Street and Grant Street Date Available: Negotiable possession

GEOGRAPHIC INFORMATION

Municipality: City of Lancaster County: Lancaster Location: Downtown ½ block east of North Duke Street Acres: .35 acres Topography: Flat – 100% building coverage Lot Dimensions: 60’ x 25’

LEGAL

Tax Account#: 332-60861-0-0000 Deed Reference#: E-890513 Owner: 115 Associates Zoning: CB – Commercial Central Business

REAL ESTATE TAXES 2015

Assessment: $1,992,700 School: $53,163.84 Municipal: $27,937.65 County: $7,442.73 DID: $4,662.92 Total: $93,207.14

Information furnished regarding property for sale or rent is from sources deemed reliable, but is not guaranteed. No warranty or representation is made as to accuracy thereof and is submitted subject to errors, omissions, change of price, or other conditions, prior sale or lease or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

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Available Square Feet: 5,034 – 8,885square feet on third floor

Lease Rate: $15.00/SF Gross

Description: Office mix of private offices and support space. 3,851 SF training area that can be leased together or separately with easy conversion to general office. Elevator, lots of glass, single floor, secure parking and convenient pedestrian access to Downtown amenities.

Premier Downtown Lancaster Property

BUILDING INFORMATION

Available Square Feet: 5,034 – 8,885 square feet on third floor Exterior: Brick with 1½” rigid insulation Date Constructed: 1972 Type Construction: Masonry load bearing walls with steel frame. Exterior – brick. Contractor: Rice & Weidman Architect: John deVitry Floor: Reinforced concrete floor with steel decking Foundation: Concrete footers supporting concrete walls. Garage is concrete and

second level parking deck is pre-engineered concrete. Elevator: One (1) 4,000 lb. capacity Number of Floors: Five-story building with two floor garage and three

floor multi-tenant offices Roof Deck: 1½” metal Roof: Sloped insulated Firestone rubber roof replaced in mid 90’s.

Supported by steel joists/trusses. Aluminum gutters and spouting.

Roof Water Discharge: Two (2) 5” roof drains Interior Frame: 4th floor – metal, 2nd & 3rd floors – wood Doors: Wood solid core


For Lease 717.293.4477


Wall Finishes: Combination painted dry wall, plaster, wood and fabric wall covering Lighting: Combination of recessed and fluorescent with new

T-5 high efficiency bulbs Building Dimensions: Approximately 60’ x 150’ Sprinklers: Property fully sprinklered with wet system in building and

dry system in parking area Fire/Safety: Centrally monitored Silent Knight System. Fire alarm & 16

security cameras around the property serviced by Yarnell. Electric: 3-phase, 2,000 amp service with two (2) 400 amp and two (2) 200

amp service units in penthouse HVAC: Recently replaced with high efficiency, centrally controlled

Mitsubishi City multi heat pump system with three main zones. Water & Sewer: Public – Lancaster City Hot Water: Gas fired Gas: On-site – UGI (back-up emergency generator) Parking: 95 total spaces on two levels Break Areas: Small kitchen and break room on each floor Storage: Secured in garage area and on sixth floor utility area Restrooms: One set men’s and women’s on each floor Road Frontage/Access: East King Street and Grant Street Parking: One free space per 1,000 square feet leased office area Tenant Pays: Additional parking & janitorial expenses GEOGRAPHIC INFORMATION Municipality: City of Lancaster County: Lancaster Location: Downtown ½ block east of North Duke Street Acres: .35 acres Topography: Flat – 100% building coverage Lot Dimensions: 60’ x 25’ LEGAL Tax Account#: 332-60861-0-0000 Deed Reference#: E-890513 Owner: 115 Associates Zoning: CB – Commercial Central Business LEASE INFORMATION Square Feet: 5,034 square feet Lease Rate: $15.00/SF Gross Annual Rent: $75,510 Monthly Rent: $6,292.50 Square Feet: 8,885 square feet Lease Rate: $15.00/SF Gross Annual Rent: $133,275 Monthly Rent: $11,106.25 Information furnished regarding property for sale or rent is from sources deemed reliable, but is not guaranteed. No warranty or representation is made as to accuracy thereof and is submitted subject to errors, omissions, change of price, or other conditions, prior sale or lease or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

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Building Front Facade Grade Access – King Street

View from South Grant Street Parking Southeast View – Property Rear

Covered Pedestrian Entrance - Garage Lower Level Garage

Northwest View – Prince Street Garage Rooftop View South – Trinity Lutheran

Second Floor Parking Area Elevator - Lobby

Shared Directory - Entrance

Third Floor Conference Room

Second Floor Stairwell

Third Floor Lobby Area – Law Office

Third Floor Typical Office Third Floor Office Bank

Third Floor Training Room Fourth Floor Reception

Fourth Floor Office/Work Area Fourth Floor Bullpen Area

Fourth Floor Break Room

Fifth Floor Executive Office Suite

Fifth Floor Lobby

Fifth Floor Reception Area

Fifth Floor Private Office Bank Fifth Floor Large Conference Room

Fifth Floor Small Conference Room Fifth Floor Mechanical

Power Pent House Mechanical

New Rooftop HVAC Units HVAC Control System

LOCATION MAP

AERIAL PHOTO

TAX MAP

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ZONING MAP


Commercial Central Business Zoning

Documents

For Sale/Lease - Home | High Associates, Lancaster PA story office property constructed over 95 car parking structure. Two existing tenants with short term leases in place. Elevator,