955 E King Street, Lancaster, PA 17602

Property Description

Prime Commercial Opportunity on East King Street. Strong traffic count. Flexible zoning. Ample parking. Mixed-use upside. Exposure without parking is a liability. This property solves that. 955–957 E King Street offers visibility, flexibility, and long-term upside along one of Lancaster’s most heavily traveled corridors, with 17,000+ vehicles per day. Situated on 0.47 acres, the property provides exceptional street presence supported by 23+ on-site parking spaces…a rare and valuable asset in this location. The existing 5,528 square feet of improvements are located within the Local Commercial zoning district, intended to serve surrounding residential neighborhoods with convenient, neighborhood-oriented goods and services. Permitted uses include medical office, professional office, financial institutions, retail (under 20,000 SF), restaurant, veterinary office, funeral home, daycare, nonprofit facilities, and mixed-use residential in combination with commercial use. This property already benefits from an established residential apartment within the principal building, delivering immediate income potential, with additional upside through the opportunity to develop a second residential unit (subject to approvals). The rare mixed-use flexibility within this zoning allows for layered income streams and scalable returns — ideal for an investor seeking stronger yield or an owner-occupant looking to significantly reduce overhead. The district’s design standards promote long-term stability and compatibility with surrounding neighborhoods, protecting value while allowing meaningful commercial activity. The lot configuration and parking capacity support multiple business models, repositioning strategies, or phased occupancy. In a supply-constrained commercial corridor, 955–957 E King Street stands out as a well-positioned asset for investors and operators who recognize the importance of location, infrastructure, and future upside.