For Sale
$695,000

1023 Ranck Mill RdLancaster, PA 17602

4,225 SF Office/Warehouse, $695K

Overview

Added:
Dec 11, 2024
Days on market:
114
This versatile 4,225 square foot commercial building in Lancaster, PA, presents a unique investment opportunity. Located at 1023 Ranck Mill Rd, this property combines executive office space with warehouse functionality, ideal for a variety of businesses. The building features three individual 200-amp electrical services, including a 3-phase service, ensuring ample power for diverse operations. The warehouse area boasts three dock-high doors and a ceiling height of 10'11", providing excellent access and storage capacity. The office space includes a newly finished shell, a modern heat pump system, an ADA-compliant restroom, and a convenient handicap ramp, all completed in 2018. The property sits on a 0.31-acre lot and includes 12 parking spaces. The building benefits from a net lease rate of $3,700 per month, which includes real estate taxes totaling $7,030.22 annually (2024/2025). Public water and an on-site septic system are in place. The property is zoned CM (Central Manufacturing), offering flexible usage options. Its convenient location, just half a mile from Routes 30 and 222, provides excellent accessibility and visibility. This is a rare opportunity to acquire a well-maintained, freestanding commercial building with significant potential. The APN is 336-27797-0-0000.

Highlights

  • $695,000 asking price for this 4,225 SF retail, office, and industrial property.
  • Net lease rate of $3,700/month, including real estate taxes.
  • Annual real estate taxes of $7,030.22 (2024/2025).
  • Public water and on-site septic system.
  • Three individual 200-amp electrical services, including one 3-phase service.

Property Details for 1023 Ranck Mill Rd

Property type
Warehouses, Retail properties
Square Feet
4,225 SF
Lot Size (sq. ft)
13,504 SF

Location Insight

City
Lancaster
County
Lancaster
State
Pennsylvania
Latitude
40.0445226
Longitude
-76.2826847
1023 Ranck Mill Rd, Lancaster, Pennsylvania

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1023 Ranck Mill Rd
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