Patterson-Schwartz Real Estate645 S Prince Street, Lancaster, PA 17603-5615 $425,000
Coming Soon
Interior Sq. Ft: 2,006
Acreage: 0.04
Age:135 years
Taxes: $3,964
Subdivision: Lancaster City Ward 4
Design/Type:
Detached
Description
Prime Mixed-Use Opportunity in Lancaster City. Unlock the full potential of this fully renovated mixed-use property, prominently positioned on a high-visibility corner at a signalized intersection with an average daily traffic count of 11,849 vehicles—delivering unbeatable exposure for your business. This turnkey building offers the ideal combination of commercial and residential space, perfect for maximizing cash flow and long-term investment returns. The first-floor commercial unit has been thoughtfully laid out with five partitioned rooms, two restrooms, a welcoming reception area, and a stylish coffee bar. Designed for flexibility, this space is perfectly suited for a professional office, salon, nail studio, boutique retail, or barber shop. Thanks to clear-span ceiling joists, the interior walls can be easily removed to accommodate open layouts for other uses, including a convenience store or studio space. With modern finishes, fresh interiors, and large storefront windows, this space is move-in ready for your business. Above, a bright and spacious two-bedroom apartment features a private entrance and updated finishes throughout, making it ideal for a short-term Airbnb rental or long-term tenant. The layout, natural light, and contemporary upgrades make it equally appealing to renters and owner-occupants seeking to live in the heart of Lancaster City. The entire building has been renovated from top to bottom, including a new roof, HVAC system, plumbing, electrical, flooring, and paint. Two off-street parking spots and ample street parking nearby offer rare convenience in the city. With excellent curb appeal and a location just minutes from downtown Lancaster’s vibrant shops, cafés, restaurants, and cultural destinations, this property stands out as a smart and forward-thinking investment. Whether you’re an entrepreneur seeking a live/work opportunity or an investor looking to diversify with multiple income streams, 645 S Prince Street offers flexibility, visibility, and value in one of Lancaster’s fastest-growing corridors. Schedule your private tour today and see the potential for yourself.
Home Assoc: No
Condo Assoc: No
Basement: Y
Pool: No Pool
Features
Utilities
Forced Air Heating, Natural Gas, Central A/C, Electric, Hot Water - Electric, Public Water, Public Sewer, 220 Volts
Garage/Parking
Driveway, Off Street, Parking Lot
Interior
Partial , Vinyl Flooring
Exterior
Concrete Perimeter Foundation, Flat Roof, Pitched Roof, Shingle Roof, Brick Exterior
Lot
City View
Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address.
Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.
Public Elementary (24 schools)
Public Middle (7 schools)
| School | District | Grades | Place | Distance |
|---|---|---|---|---|
| Jackson Middle School | Lancaster School District | 6–8 | Lancaster | 0.78 mi |
| Wheatland Middle School | Lancaster School District | 6–8 | Lancaster | 1.23 mi |
| Reynolds Middle School | Lancaster School District | 6–8 | Lancaster | 1.28 mi |
| Lincoln Middle School | Lancaster School District | 6–8 | Lancaster | 1.76 mi |
| Manor Middle School | Penn Manor School District | 7–8 | Lancaster | 4.28 mi |
| Martin Meylin Middle School | Lampeter-Strasburg School District | 6–8 | Lampeter | 4.39 mi |
| Gerald G Huesken Middle School | Conestoga Valley School District | 6–8 | Lancaster | 4.7 mi |
Public High (7 schools)
| School | District | Grades | Place | Distance |
|---|---|---|---|---|
| Phoenix Academy | Lancaster School District | 6–12 | Lancaster | 0.59 mi |
| La Academia Partnership Charter School | La Academia Partnership Charter School | 6–12 | Lancaster | 1.06 mi |
| McCaskey Campus | Lancaster School District | 9–12 | Lancaster | 1.68 mi |
| Penn Manor High School | Penn Manor School District | 9–12 | Millersville | 2.98 mi |
| Lancaster County CTC-Willow St Campus | Lancaster County CTC | 9–12 | Willow Street | 3.54 mi |
| Lampeter-Strasburg Senior High School | Lampeter-Strasburg School District | 9–12 | Lampeter | 4.49 mi |
| Conestoga Valley Senior High School | Conestoga Valley School District | 9–12 | Lancaster | 4.77 mi |
Private (20 schools)
© 2025 LiveBy. All Rights Reserved.
This report is a detailed community overview for Lancaster (17603), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 23
- Average salary of people in this community: $41,417
Community Summary
- Population Density (ppl / mile): 2,128
- Household Size (ppl): 2.47
- Households w/ Children: 58%
Housing Inventory
- Owned: 14,354 (53.7%)
- Rented: 10,900 (40.8%)
- Vacant: 1,453 (5.4%)
- Total: 26,707
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 4.0%
- Some High School: 9.7%
- High School Graduate: 32.2%
- Some College: 16.2%
- Associate Degree: 7.8%
- Bachelor's Degree: 19.2%
- Graduate Degree: 10.8%
Income by dollar range
Median Income: $55,067
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $654
- One Bedroom: $765
- Two Bedroom: $1,039
- Three Bedroom: $1,177
- Four Bedroom: $1,282
© 2025 LiveBy. All Rights Reserved.
Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-429-4500
Listing Courtesy of: LPT Realty, LLC , (877) 366-2213, pabrokers@lptrealty.com
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 6/06/2025.
Broker Compensation
An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.
