About 352 E New St
Outstanding investment opportunity featuring a 6-unit mixed-use property in the Northeast Corridor. 4 Residential units in updated, nice condition. Laundromat with ADA Bathroom. Restaurant in operation since 2018. Fully rented, but most rents are exceptionally low due to long-term tenants. 14 commercial washers, 10 commercial dryers. Fully licensed with approved fire escapes. (4) 1 Bedroom units all leased. Built as an apartment unit + laundromat + restaurant in 1900 with commercial-sized UGI gas lines. Apartments are nice and mostly updated- newer replacement windows. 6 security cameras 24/7 monitoring. Turnkey investment in Northeast Lancaster City. $42,000 annual net income.
Features of 352 E New St
| MLS® # | PALA2087384 |
|---|---|
| Price | $675,000 |
| Bathrooms | 0.00 |
| Square Footage | 4,392 |
| Acres | 0.07 |
| Year Built | 1900 |
| Type | Commercial Sale |
| Sub-Type | Five Or More Units |
| Status | Active |
Community Information
| Address | 352 E New St |
|---|---|
| Area | Lancaster City |
| Subdivision | NONE AVAILABLE |
| City | LANCASTER |
| County | LANCASTER-PA |
| State | PA |
| Municipality | LANCASTER CITY |
| Zip Code | 17602 |
Amenities
| Utilities | Natural Gas Available |
|---|---|
| View | Street |
| Is Waterfront | No |
Interior
| Heating | Hot Water |
|---|---|
| Cooling | None |
| # of Stories | 3 |
Exterior
| Exterior | Brick |
|---|---|
| Lot Description | Corner |
| Roof | Metal, Rubber |
| Construction | Brick |
| Foundation | Stone |
Additional Information
| Date Listed | May 10th, 2026 |
|---|---|
| Days on Market | 67 |
| Zoning | MIXED USE |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Kingsway Realty - Lancaster |
|---|---|
| Contact Info | (717) 569-8701 |