$495,000

218 E Madison St Lancaster, PA 17602

Musser Park Neighborhood

Estimated payment $3,080/month

Total Views 99,052
3 Beds
1.5 Baths
5,004 Sq Ft
$99 Price per Sq Ft

Highlights

  • 0.11 Acre Lot
  • No HOA
  • Forced Air Heating and Cooling System
  • Midcentury Modern Architecture
  • Level Entry For Accessibility
  • Concrete Flooring

About This Home

FOR SALE! Hard to find warehouse in the prestigious Musser Park neighborhood ripe for development! This +/- 5,000 SF building features 16' ceilings, 1.5 baths, indoor parking, and a floor plan fit for Lancaster's next single family warehouse conversion. This convenient location features quick access to Lancaster's Central Business District as well as local highways. Utilize the current approved plan for 6 apartment units (plan available in MLS documents) with indoor parking or bring your own idea to this unique property. This building will not last long - schedule your showing today!

Listing Agent

Justin Geisenberger

(717) 201-9685 justin@sablecommercial.com Sable Commercial Realty License #RS321567 Listed on: 02/19/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,842

Year Built

  • Built in 1820

Lot Details

  • 4,792 Sq Ft Lot
  • Property is zoned R-3

Parking

  • On-Street Parking

Home Design

  • Midcentury Modern Architecture
  • Rambler Architecture
  • Traditional Architecture
  • Converted Barn or Barndominium
  • Converted Dwelling
  • Slab Foundation

Interior Spaces

  • 5,004 Sq Ft Home
  • Property has 2 Levels
  • Concrete Flooring

Bedrooms and Bathrooms

Accessible Home Design

  • Level Entry For Accessibility

Utilities

  • Forced Air Heating and Cooling System
  • Heating unit installed on the ceiling
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Musser Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 336-99246-0-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,842

Year Built

Built in 1820

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Converted Dwelling, Converted Barn, Loft, Loft With Bedrooms, Mid-Century Modern, Ranch/Rambler, Traditional, Unit/Flat
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Exclusions: Any tenant owned property.
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1820
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Concrete
  • Foundation Details: Slab
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 5004
  • Living Area Sq Ft: 5004
  • Price Per Sq Ft: 98.92
  • Above Grade Finished Sq Ft: 5004
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Block
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Ceiling
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Zoning: R-3

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • School Tax: 3570.00
  • Tax Annual Amount: 5842.00
  • Assessor Parcel Number: 336-99246-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,781 $146,100 $47,100 $99,000
2024 $5,781 $146,100 $47,100 $99,000
2023 $5,684 $146,100 $47,100 $99,000
2022 $5,447 $146,100 $47,100 $99,000
2021 $5,330 $146,100 $47,100 $99,000
2020 $5,330 $146,100 $47,100 $99,000
2019 $5,251 $146,100 $47,100 $99,000
2018 $2,432 $146,100 $47,100 $99,000
2017 $4,024 $87,600 $27,500 $60,100
2016 $3,987 $87,600 $27,500 $60,100
2015 $1,555 $87,600 $27,500 $60,100
2014 $3,479 $87,600 $27,500 $60,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2025 10/16/25 Price Changed $495,000 -8.2% $99 / Sq Ft
07/28/2025 07/28/25 Price Changed $539,000 -5.3% $108 / Sq Ft
04/01/2025 04/01/25 Price Changed $569,000 -4.4% $114 / Sq Ft
02/19/2025 02/19/25 For Sale $595,000 -- $119 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $400,000 --
Deed $40,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $320,000 New Conventional
Source: Public Records

Source: Bright MLS

MLS Number: PALA2064562

Bright MLS

APN: 336-99246-0-0000

Pennsylvania Lancaster County Lancaster 17602 Musser Park

218 E Madison St, Lancaster, PA

For Sale

Detached

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Justin Geisenberger
Listing Agent
Justin Geisenberger
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Sable Commercial Realty
(223) 218-2846