126 128 N Pine Street • Lancaster, PA 17603

$875,000 Beds: 0 • Baths:Sq. Feet: 0 • MLS ID: PALA2077334 • Subdivision: CHESTNUT HILL • School Dist: SCHOOL DISTRICT OF LANCASTER
New Listing | 126–128 N. Pine St. & 139 Nevin St., Lancaster Investor Alert! A rare opportunity has become available in Lancaster’s highly desirable Chestnut Hill neighborhood. This unique property package combines an 8-unit apartment building, a 12,000+ square-foot warehouse, and a 2-car garage—an exceptional chance to secure both income-producing assets and redevelopment potential in one of the city’s most sought-after areas. The existing 8-unit apartment building at 126–128 N. Pine Street is fully established, featuring a mix of one-bedroom units and efficiency apartments. This building provides a reliable foundation of rental income and is well positioned to benefit from the strong demand for housing in Lancaster’s West End. The apartments are conveniently located within walking distance of Central Market, the Fulton Theatre, restaurants, coffee shops, and cultural destinations that continue to drive interest in this vibrant neighborhood. Adjacent to the apartment building is the two-story, 12,000+ square-foot brick and block warehouse. With its solid construction and impressive size, this warehouse is a prime renovation project offering nearly limitless potential. Located in Lancaster’s High Density Residential (R-4) Zoning District, the property invites creative redevelopment options, including residential conversions, loft apartments, or some mixed-use possibilities. Investors with vision will recognize this as an outstanding opportunity to add significant value in a rapidly appreciating market. Also included in the package is a separate 2-car garage, providing additional utility and value. Some off-street parking is available, a highly desirable feature for both current tenants and any future redevelopment projects. The Chestnut Hill location only adds to the appeal. Known for its tree-lined streets, historic homes, and welcoming sense of community, this neighborhood is one of Lancaster’s most cherished. With continued revitalization throughout the city, properties in this area have seen sustained growth in demand and value. Whether your goal is to maintain the steady income from the existing apartments, reimagine the warehouse into high-value residential units, or create a mixed-use project that blends housing with commercial potential, this property offers extraordinary flexibility and long-term upside. Opportunities like this in Lancaster City are increasingly rare. With an 8-unit building providing immediate income, plus a warehouse ready for redevelopment in a zoning district designed for density, this listing is tailor-made for the savvy investor or developer seeking their next project. View this listing at: http://ricksmithteam.com/mls=PALA2077334

Property Features

  • Taxes: $15,771
  • Exterior: Block,Brick
  • Parking Notes: Paved Parking,Unassigned
  • Lot Size: 0.26 Acres
  • Lot Dimensions: 0.26 Acre(S)
  • Heating: Hot Water
  • Fuel Type: Natural Gas
  • Year Built: 1890
  • Water: Public
  • Sewer: Public Sewer
  • Units: 7
  • Municipality: LANCASTER CITY
  • Total Garage/Parking Spaces: 5
  • Electric Description: 200+ Amp Service
  • Utilities: Cable TV Available,Electric Available,Natural Gas Available,Sewer Available,Water Available

School Information

  • High School: MCCASKEY CAMPUS
  • Middle School: JOHN F REYNOLDS
  • Elementary School: FULTON E.S.
  • School District: SCHOOL DISTRICT OF LANCASTER
Printed April 02, 2026


Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/02/2026. The listing information on this page last changed on 04/02/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 04/02/2026 12:18:27 AM EST) or Bright MLS (last updated Thu 04/02/2026 12:13:58 AM EST). Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Homesale Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
Privacy Policy / DMCA Notice / ADA Accessibility
Federal Housing Equal Opportunity Realtor
Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603
James J Hafer - West Virginia Broker of Record

©2026 BHH Affiliates, LLC. An independently owned and operated franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. Equal Housing Opportunity.


Agent License Information: 
Licensed in Pennsylvania
The Rick Smith Team
Rick Smith, Drew Smith 

2600 Eastern Boulevard, York, PA 17402
717-757-7811