1003 George StYork, PA 17404

  • Mixed-use properties
  • 7,760 SF
For Sale
$679,900 View listing

Property Details for 1003 George St

Year built
1913
Lot size
0.10 AC
Property size (Sq ft)
7,760 SF
Zone code
RS
Property type
Mixed-use properties
Property subtype
Retail residential properties
APN
80-000-02-0134.00-00000
APU
800000201340000000

Description

This exceptional value-add investment opportunity, located at 1003 N George St in York, Pennsylvania, presents a unique blend of office, retail, and residential income streams. The property, built in 1913, comprises a two-story building totaling 4,160 square feet situated on a 0.09-acre lot. The building features two ground-floor retail spaces currently leased, along with five private offices on the second floor, also under lease. An additional occupied apartment is located on the upper level, adding to the diverse income potential. The current leases are primarily year-to-year, offering significant upside potential for rental increases. Convenient parking is available in a lot accessible from E 6th Street. The property benefits from a highly visible location near Route 30 and historic downtown York, ensuring excellent accessibility and exposure. The asking price is $679,900. This multi-tenant property offers a compelling investment opportunity for those seeking a value-add project with diverse income streams and a prime location in York, PA. The property's strong location and existing tenancy provide a solid foundation for future growth and profitability. The gross lease structure simplifies management, and the year-to-year leases allow for flexible adjustments to market rates. This is an ideal opportunity for investors looking to capitalize on the growing York market.

1003 George St, York, Pennsylvania

Location Insight

City
York
County
York
State
Pennsylvania
Latitude
39.9767
Longitude
-76.7324
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
$6,224
$29,740
$139,520
$169,260
-
$29,740
$139,520
$169,260

FAQs

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