222 Market StElizabethtown, PA 17022

Property Details for 222 Market St

Year built

1990

Construction

BRICK

Property size (Sq ft)

4,162 SF

Zone code

CBD

Property type

Office properties

Property subtype

Other office properties

APN

250-68586-1-0006

APU

2506858610006

Description

This exceptional commercial property at 222 S Market Street, Elizabethtown, PA offers a fantastic leasing opportunity in a vibrant commercial center. Ideally situated near Elizabethtown College, this versatile space is perfect for a variety of businesses. The Central Business District zoning allows for diverse uses, including professional offices, restaurants, retail establishments, and more. Currently a blank canvas, the space can be easily adapted to suit your specific needs. Alternatively, it provides ample storage space, ideal for collections or inventory. The building manager is receptive to negotiating tenant improvement allowances to customize the space to your requirements. Two identical units are available, providing the option to lease additional space if needed. Each unit offers convenient grade-level access from the rear parking lot on Peach Alley. Excellent signage opportunities exist at the rear condo entrance and along S Market Street, ensuring high visibility for your business. This is a rare chance to secure an affordable and adaptable commercial space in a thriving location.

• CAP approach

  CAP return

  Valuation

  6%

  $642,405

  6.5%

  $592,989

  7%

  $550,633

• Comparable approach

  Method

  Valuation

  Relative Method

  $319,140

  Geo Method

  $261,831

• Alternative Use

  Use

  Valuation

  Residential

  $735,306

  Hospitality

  $673,537

  Educational

  $560,375

  Medical

  $579,647

  Retail

  $871,694

Location Insight

City

Elizabethtown

County

Lancaster

State

Pennsylvania

Latitude

40.1484

Longitude

-76.6045

CBSA code

29540

CBSA name

LANCASTER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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