For Sale
$2,800,000
1655 Columbia Ave Lancaster, PA 17603
- Added:
- Dec 11, 2024
- Days on market:
- 134
Highlights
- 15-Year Corporate Guaranteed Lease with Mavis Discount Tire.
- 6,168 SF building on a 0.57-acre lot in Lancaster, PA's main shopping corridor, with excellent visibility on Columbia Avenue.
- Strong location near Lowe's, Aldi, Lidl, and Giant, across from Speedway and adjacent to Valvoline.
- Exceptional demographics: 9,900 residents within 1 mile with $81,000 average household income (AHHI); 105,600 residents within 3 miles with $72,300 AHHI; 180,000 residents within 5 miles with $81,700 AHHI.
- Annual rent of $175,000, increasing 10% every 5 years throughout the base term and renewal options.
Property Details for 1655 Columbia Ave
- Property type
- Retail properties, Auto shops
- Square Feet
- 6,168 SF
- Year Built/Renovated
- 1974/2022
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 24,829 SF
Location Insight
- City
- Lancaster
- County
- Lancaster
- State
- Pennsylvania
- Latitude
- 40.0382861
- Longitude
- -76.3481387
Nearby Similar for Sale
FAQs
- Where is the retail property located?
- The property is located at 1655 Columbia Ave Lancaster, PA.
- What is the asking price?
- The asking price for this property is $2,800,000.
- What are key features of this property?
- This property features: 15-Year Corporate Guaranteed Lease with Mavis Discount Tire.; 6,168 SF building on a 0.57-acre lot in Lancaster, PA's main shopping corridor, with excellent visibility on Columbia Avenue.; Strong location near Lowe's, Aldi, Lidl, and Giant, across from Speedway and adjacent to Valvoline.
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