12 S Queen St

$895,000
Price
Beds
Baths
5,160 Sq. Ft.
$173 / Sq. Ft.
5,160
Sq. Ft.
$173
per Sq. Ft.

Description

Investment opportunity in Downtown Lancaster City across from the Lancaster County Convention Center and on the same block as the proposed Willow Valley Mosaic project. Located in the CB1 Central Business Core Zoning District, this fully leased property features two commercial spaces on the first floor and two large two-bedroom apartments - one on the second floor and one on the third. Both apartments are spacious, well maintained, and offer strong upside potential with their desirable layouts including...Investment opportunity in Downtown Lancaster City across from the Lancaster County Convention Center and on the same block as the proposed Willow Valley Mosaic project. Located in the CB1 Central Business Core Zoning District, this fully leased property features two commercial spaces on the first floor and two large two-bedroom apartments - one on the second floor and one on the third. Both apartments are spacious, well maintained, and offer strong upside potential with their desirable layouts including living room, sitting/entrance room, dining room, storage/laundry room, and two bedrooms with a bathroom between. A private rear roof area presents additional possibilities, and the large basement provides ample storage. Commercial spaces utilize mini-splits with A/C. With long-term tenants in place, this turnkey property combines stability with upside opportunity in a prime, high-visibility downtown location just steps from the Marriott, Convention Center, Courthouse, Southern Market, Central Market, shopping, and dining. Don’t miss this rare opportunity.
  1. Listed by Timothy K Shreiner • Berkshire Hathaway HomeServices Homesale Realty
    P: (717)-560-8496 shreinergroup@homesale.com
  2. Listed by Joel M Leaman • Berkshire Hathaway HomeServices Homesale Realty
    P: (717)-560-8496 jleaman@homesale.com

Property Details for 12 South Queen Street

Tax ID Number
334-86479-0-0000
Ownership
Fee Simple
Structure Type
Other
Style
Traditional
Waterfront
No
Garage
No
Subdivision
DOWNTOWN LANCASTER
Subdivision
DOWNTOWN LANCASTER (LANCASTER PA)
LISTING UPDATED: 10/22/2025 03:52 PM

Property Details for 12 South Queen Street

StatusPending
MLS #PALA2077480
Days on Market9
Taxes$13,559 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1915
Lot Size0.05 AC / 2,178 SF
CountyLancaster County

Location

Listing Courtesy of Berkshire Hathaway HomeServices Homesale Realty
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Building Information for 12 South Queen Street

Stories-Residences4Year Built1915Building Size-Lot Size0.05 AC / 2,178 SF

Payment Calculator

$5,552 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,423

Property Taxes

$1,130

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 12 South Queen Street

Location
Location
  • School District Name: SCHOOL DISTRICT OF LANCASTER
  • School District County ID: 300200397286
  • SchoolDistrictSource: Listing Agent
  • High School: MCCASKEY CAMPUS (LANCASTER PA)
  • HighSchoolSource: Listing Agent
  • County: LANCASTER
  • MLS Area: Lancaster City (10533)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2025
  • Tax Assessed Value: $330,500
  • Year Assessed: 2025
  • County Tax: $962
  • Improvement Assessed Value: $264,100
  • City Town Tax: $4,177
  • Land Assessed Value: $66,400
  • Zoning: CB1 CENTRAL BUSINESS CORE
  • School Tax: $8,420
  • School Tax Payment Frequency: Annually
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 0
  • Units Leased Count: 4
Financial Information
Expenses
  • Operating Expense: $23,768
  • Insurance Expense: $2,700
  • Trash Expense: $624
  • Other Expense: $5,938
Financial Information
  • Gross Scheduled Income: $72,500
  • Net Operating Income: $48,732
  • Income Includes: Apartment Rentals, Professional Offices, Other
Building Info
Building Info
  • Building Level Count: 3
  • Building Units Total: 4
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Location Type: Downtown
  • Parcel ID: 4058351
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Utilities: Natural Gas Available, Electric Available
  • Heating: Yes
  • Cooling Type: Ductless/Mini-Split, Ceiling Fan(s)
  • Cooling Fuel: Electric
  • Heating Type: Hot Water, Radiator, Wall Unit
  • Heating Fuel: Natural Gas, Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Lancaster County Association of REALTORS

Property History for 12 South Queen Street

DateEvent & SourcePriceAppreciation
Oct 17, 2025

Pending

BRIGHT #PALA2077480

Oct 14, 2025

Listed (Active)

BRIGHT #PALA2077480

$895,000
DateEvent & SourcePrice
10/17/2025

Pending

BRIGHT #PALA2077480

10/14/2025

Listed (Active)

BRIGHT #PALA2077480

$895,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 12 South Queen Street

Taxable ValueLand$66,400Additions$264,100Total$330,500
Tax Record2025$13,217 ($1,101 / month)
Home Facts
Total Finished SqFt5,232 SqFtAbove Grade Finished SqFt5,232 SqFtStories3Lot Size2,178 SqFtStyleStoresYear Built1915ZoningCB1CountyLANCASTERAPN334-86479-0-0000

Schools near 12 South Queen Street

This home is within Lancaster School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Fulton El School
PublicPK to 5

Reynolds Middle School
Public6 to 8

Mccaskey Campus
Public9 to 12

Phoenix Academy
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Berkshire Hathaway HomeServices Homesale Realty

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.