Lancaster's iconic Rebman's store to be redeveloped into a mixed-use complex including 52 apartment units (25 market and 27 affordable) and offering 6,800 +/- SF of commercial space. Strategically located in Lancaster City , in the Opportunity Zone and LERTA (Local Economic Revitalization Tax Assistance) tax district. Strong preference for… Read More a grocery or convenience store tenant at the property (concept renderings under Documents). Developer can offer $500,000 to support developer-approved grocery store fit-out, which will be amortized into initial lease term. Groundbreaking started in November 2023 with demolition and site preparation. Developer has received the permit for a retaining wall and contractor has been engaged. The project is expected to pre-lease by late summer and accept the first tenants in late fall 2024. Asking lease rate is $18/SF NNN for vanilla shell commercial space. See listing agent for additional information. Read Less
Courtesy of Deepa Balepur, Compass Real Estate, LLC [email protected]
Listing Snapshot
Days Online
337
Last Updated
Property Type
Retail
Lot Size
1.39 Acres
Year Built
2024
MLS Number
PALA2046166
30 Days Snapshot Of 17603
$299k
+6%
(avg) sold price
58
-7%
homes sold
19
+5%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
6,800 approximate retail sqft, Built in 2024, Combination
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