For Sale
$3,495,000

1208 Harrisburg AveLancaster, PA 17603

Prime Lancaster location, multi-tenant income.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional freestanding commercial building, situated at 1208 Harrisburg Avenue in Lancaster, Pennsylvania (zip code 17603), presents a compelling investment opportunity. Boasting a total of 30,172 square feet, the property is strategically located at a high-traffic intersection in Lancaster County, offering convenient access to Lancaster city and major highways. The building's diverse layout encompasses retail, office, warehouse, and garage/parking space, currently occupied by two tenants under a modified lease agreement. The current lease term is five years, commencing March 31, 2021, and expiring March 29, 2026. The Net Operating Income (NOI) is $181,640. The property sits on a 1.6-acre lot and is zoned B-4 - Business with T-4 Urban Neighborhood Overlay. This owner-user investment opportunity is ideal for those seeking a diversified portfolio with strong rental income potential. The property's multi-tenant structure provides stability and minimizes risk. The convenient location and versatile space make it an attractive option for a variety of businesses. The property's address is 1208 Harrisburg Avenue, Lancaster, PA 17603, and the Assessor's Parcel Number (APN) is 390-39479-0-0000. This is a rare opportunity to acquire a well-established, income-producing commercial property in a thriving Lancaster County location.

Highlights

  • $3,495,000 asking price.
  • 30,172 square foot building with Executive Office, Warehouse, and Garage/Parking space.
  • Multi-tenant property with two tenants under a modified lease.
  • 5-year lease term expiring March 29, 2026.
  • $181,640 Net Operating Income (NOI).
  • 1.6-acre lot located at 1208 Harrisburg Ave, Lancaster, PA 17603.

Property Details for 1208 Harrisburg Ave

Property type
Warehouses, Specialty properties
Square Feet
30,172 SF
Lot Size (sq. ft)
69,696 SF

Location Insight

City
Lancaster
County
Lancaster
State
Pennsylvania
Latitude
40.0530787
Longitude
-76.3249139
1208 Harrisburg Ave, Lancaster, Pennsylvania

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1208 Harrisburg Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message