Lancaster, PA Commercial Real Estate for Lease and Sale

Explore 171 listings of Lancaster commercial real estate to find the best space for your business.

Stony Battery Corporate Center - Lot 25

Corporate Blvd And Marietta Ave, Lancaster, PA
Property

VacantLand

12.32 Acre
Availability

1 Space

12.32 Acre
For Lease Contact for pricing
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2031 Lincoln Highway East

2031 Lincoln Highway East, Lancaster, PA
Property

VacantLand

0.91 Acre
Availability

1 Space

0.91 Acre
For Lease

$85,000.00/YR
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Lincoln Square

2495 Lincoln Hwy East, Lancaster, PA
Property

Retail

64,858 SF
Availability

3 Spaces

10,901 SF
Year Built

1988
For Lease

$18.00/SF/YR
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617B North Prince Street

617B North Prince Street, Lancaster Central Business District, Lancaster, PA
Property

Office

11,120 SF
Availability

3 Spaces

11,110 SF
Year Built

1978
For Lease

$10.75/SF/YR
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216 Greenfield Road

216 Greenfield Road, Lancaster, PA
Property

Industrial

758,973 SF
Availability

1 Space

758,973 SF
Year Built

1955
For Lease Contact for pricing
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618 S West End Ave

618 S West End Ave, Lancaster, PA
Property

Multi-Family

2,160 SF
For Sale

$650,000
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1942 Hospitality Drive

1942 Hospitality Drive, Lancaster, PA
Property

Retail

6,500 SF
Availability

1 Space

6,500 SF
For Lease

$115,000.00/YR
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1478 Harrisburg Pike

1478 Harrisburg Pike, Lancaster, PA
Property

Retail

12,823 SF
Availability

1 Space

3,000 SF
For Lease Contact for pricing
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2090 Lincoln Highway East

2090 Lincoln Highway East, Lancaster, PA
Property

VacantLand

1 Acre
Availability

1 Space

1 Acre
For Lease

$75,000.00/Acre/YR
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30 Keller Ave Parcel C

30 Keller Ave, Lancaster, PA
Property

VacantLand

1.65 Acre
For Sale Contact for pricing
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Shoppes at the Pikes

1515 Lititz Pike, Lancaster, PA
Property

Retail

70,135 SF
Availability

5 Spaces

31,185 SF
For Lease Contact for pricing
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2205 Oregon Pike

2205 Oregon Pike, Lancaster, PA
Property

Office

4,435 SF
For Sale

$595,000
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2124 Marietta Ave

2124 Marietta Ave, Lancaster, PA
Property

Office

1,980 SF
Availability

1 Space

1,100 SF
Year Built

1900
For Lease

$1,985.00/MO
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617C North Prince Street

617C North Prince Street, Lancaster Central Business District, Lancaster, PA
Property

Office

3,813 SF
Availability

1 Space

3,813 SF
Year Built

1978
For Lease

$9.00/SF/YR
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237 West Chestnut

237 West Chestnut, Chestnut Hill, Lancaster, PA
Property

Retail

3,705 SF
Availability

1 Space

3,705 SF
For Lease

$2,850.00/MO
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Lancaster commercial real estate market incorporates 1,890,104 square feet of office space across 76 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Lancaster commercial real estate market includes 2,310,742 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Lancaster market, there is a total of 961,069 square feet of industrial property.

The listing inventory in Lancaster incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Lancaster is represented by Industrial space, which accounts for 580,730 square feet of available listings. Office space available in Lancaster adds up to 517,868 square feet.

Meanwhile, most of the listings of commercial property for sale in Lancaster are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Lancaster is $15.07 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Lancaster can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset. What’s more, each commercial property type makes its own rent market: while the average rent for office space rested at $17.95 per square foot, industrial space in Lancaster saw average rents of $9.11 per square foot.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Lancaster, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Lancaster is in the Lancaster Central Business District neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Lancaster Central Business District area.

Meanwhile, retail space opportunities are most abundant in the Lancaster Central Business District submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Ross.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $25.79 per square foot. In particular, the property type commanding the highest lease rates in Lancaster was Retail space.

The average size of a commercial property in Lancaster depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Lancaster, the average size of an office property is 27,393 square feet.
Retail properties here incorporate an average of 47,158 square feet.
Industrial space in Lancaster is in buildings that are, on average 64,072 square feet in size.

Lancaster, PA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Lancaster currently add up to 4,162,572 square feet. The market offers 63 active office listing(s), which amount to 520,692 square feet and account for 45% of commercial spaces on the market. Local retail availability includes 288,601 square feet across 49 retail space(s). Industrial space for rent opportunities in Lancaster amount to 1,340,806 square feet across a total of 13 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	63	520,692
Retail	49	288,601
Industrial	13	1,340,806
Other	12	2,012,473

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Lancaster, PA. Currently, there is 404,563 square feet of commercial property for sale here , which includes 12 office building(s) for sale , 1 retail investment opportunity listing(s) , and 3 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	12	265,087
Retail	1	3,554
Industrial	3	123,540
Other	19	12,382

Lancaster, PA Commercial Real Estate for Lease and Sale

Stony Battery Corporate Center - Lot 25

2031 Lincoln Highway East

Lincoln Square

617B North Prince Street

216 Greenfield Road

618 S West End Ave

1942 Hospitality Drive

1478 Harrisburg Pike

2090 Lincoln Highway East

30 Keller Ave Parcel C

Shoppes at the Pikes

2205 Oregon Pike

2124 Marietta Ave

617C North Prince Street

237 West Chestnut

Frequently Asked Questions

Lancaster, PA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Lancaster, PA Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Lancaster, PA?

What factors affect the price of commercial real estate in Lancaster, PA?

What is the average rent for commercial space in Lancaster, PA?

What are the best areas for commercial real estate in Lancaster, PA?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Lancaster, PA?

Lancaster, PA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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About us