2870 Eastern BlvdEast York, PA 17402

  • Office properties
  • 19,836 SF
For Lease
$8.50/SF/YR View listing

Property Details for 2870 Eastern Blvd

Year built
1972
Lot size
0.85 AC
Property size (Sq ft)
19,836 SF
Zone code
M-U
Property type
Office properties
Property subtype
Office buildings
APN
46-000-28-0041.B0-00000
APU
46000280041B000000

Description

This exceptional two-story, 19,800 square foot executive office building in East York, PA, presents a unique investment opportunity. Situated on a 1.42-acre lot at 2870 Eastern Boulevard, this Class A property boasts high visibility and offers flexible leasing options. The building, constructed in 1972, features a finished basement, accessible via elevator located at the rear. Individual floors, with a minimum divisible space of 3,300 square feet and a maximum contiguous space of 16,500 square feet, can be leased, or the entire 19,800 square foot building may be purchased. The property includes 89 parking spaces and benefits from 3-phase, 800 AMP power. The 9-foot ceilings provide ample space, and the building is zoned for mixed use. This well-maintained property offers a prime location in York County, PA, zip code 17402, with convenient access to major transportation routes. The building's elevator ensures easy access to all floors. This is an ideal opportunity for businesses seeking a prominent and functional office space in a thriving area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,061,686
    6.5%
    $2,826,172
    7%
    $2,624,303
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,521,015
    Geo Method
    $1,247,883
  • Alternative Use

    Use
    Valuation
    Residential
    $3,504,454
    Hospitality
    $3,210,061
    Educational
    $2,670,733
    Medical
    $2,762,583
    Retail
    $4,154,473
2870 Eastern Blvd, East York, Pennsylvania

Location Insight

City
York
County
York
State
Pennsylvania
Latitude
39.9735
Longitude
-76.6693
CBSA code
49620
CBSA name
YORK-HANOVER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$42,829
$229,510
$1,227,760
$1,457,270
-
$229,510
$1,227,760
$1,457,270

FAQs

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