1500 George StYork, PA 17404

  • Retail properties
  • 45,866 SF
For Lease

Property Details for 1500 George St

Year built
1959
Lot size
3.98 AC
Property size (Sq ft)
45,866 SF
Zone code
RS
Property type
Retail properties
Property subtype
Community centers
APN
36-000-08-0016.00-00000
APU
360000800160000000

Description

Northgate Shopping Center offers a 2,700 square-foot retail space available for lease within a 67,059 square-foot Class A anchored shopping center. Located in York County, Pennsylvania, this property enjoys a high-traffic location at a major intersection, boasting significant frontage along Route 30 (83,000 vehicles per day) and North George Street (18,000 vehicles per day). Less than half a mile from Interstate 83, the center benefits from exceptional visibility and accessibility. The center is anchored by Grocery Outlet and features a strong tenant mix including Dollar General, Infinito's Pizza Buffet, ShoeFly, and McDonald's, ensuring consistent foot traffic and a vibrant shopping environment. The property sits on a 5.04-acre lot and is zoned Commercial. The single-story building offers a minimum divisible space of 2,700 square feet, with a maximum contiguous space also of 2,700 square feet. This presents a unique opportunity for businesses seeking high visibility and a strong customer base in a thriving retail market. The property is conveniently located to draw customers from the immediate area and surrounding communities. No elevators are present.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $13,583,058
    6.5%
    $12,538,207
    7%
    $11,642,621
  • Comparable approach

    Method
    Valuation
    Relative Method
    $11,227,254
    Geo Method
    $7,271,284
  • Alternative Use

    Use
    Valuation
    Residential
    $10,576,447
    Hospitality
    $9,687,969
    Educational
    $8,060,276
    Medical
    $8,337,482
    Retail
    $12,538,207
1500 George St, York, Pennsylvania

Location Insight

City
York
County
York
State
Pennsylvania
Latitude
39.9831
Longitude
-76.7356
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
$74,322
$423,010
$2,073,530
$2,496,540
-
$423,010
$2,073,530
$2,496,540

FAQs

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