103 Walnut Street

Description

Property is currently under contract; however, it will remain active and continue to be marketed during the Buyer’s due diligence period.The F&M Hat Co Property has been a piece of Denver history for over 100 years! This property has been a hat manufacturing facility, once utilizing all 3 floors, the outbuildings for storage and taking advantage of the creek that runs behind the property to supply water for wool processing. Now it is ripe for new life, adaptive reuse or new development. The sale includes three parcels: 103 Walnut Street, is the primary site with a ±195,530 SF building on 10.3 acres; 130 Walnut Street, a 1.1-acre parking lot with 72 striped parking spaces, a ±4,000 SF warehouse and ±480 SF garage; and 108 North 2nd Street, a 0.62-acre parking lot located one block from the primary site. Zoned Light Industrial, the main building features four dock doors, 3-phase/2,000-amp electric service, and public water and sewer along with supplemental well water. On-site parking includes the 72 striped spaces mentioned above plus an unstriped lot with capacity for multiple tractor-trailers. Situated in northeastern Lancaster County, Denver offers immediate access to the US-222 corridor and easy connectivity to the PA Turnpike (I-76). The borough functions as an efficient node within Eastern Pennsylvania’s distribution network. This site presents strong potential for adaptive reuse, redevelopment, or continued industrial and distribution use.