About the Listing ASTORIA1 - 3235203

Positioned along a key corridor in Lancaster City, this large-scale facility offers a rare, near turn-key opportunity for cold storage or food distribution users seeking to establish or expand operations in the Lancaster market. It also provides a potential opportunity to retrofit as a data center, with a combination of gas (UGI) & grid power (PPL) combining for 20 MW+ of capacity already in place. Originally purpose-built for freezer and food storage use, the property features existing racking in place and included in the lease, significantly reducing startup time and capital expense. The space requires installation of new cooling equipment to be brought back online. The original ammonia-based refrigeration system (circa 1996) remains in place but is not operational, allowing an incoming tenant flexibility to install a modern system tailored to current needs. The primary ±32,625 SF building is configured as follows: ±19,840 SF of freezer space with 38-foot clear ceiling heights and racking in place ±8,785 SF of dry storage, shipping, and handling space ±4,000 SF of office, restrooms, and cafeteria space, supporting on-site operations The facility is equipped with six loading docks, including one drive-in door, with dock doors measuring 11’ x 8’, allowing for efficient refrigerated logistics and truck circulation. For users requiring additional capacity, the property offers an additional 80,000+ SF available for lease, with ownership willing to provide significant flexibility on total leased area and configuration. Additional highlights include: CAM fees starting at $1.00/SF Preferred minimum 5-year lease term, with ownership open to longer-term commitments 19 dedicated parking spaces included, with additional spaces available at $50/month Existing office buildout and dedicated restrooms in place Located in a redeveloping area just minutes from downtown, this property provides functional cold storage infrastructure with expansion potential in a market experiencing continued industrial and logistics growth. Ideal for cold storage operators, food distributors, or freezer users looking to re-enter service quickly without the delays and costs of ground-up construction. Owners would also consider a sale. Don't miss the opportunity!

Listing Highlights