1 Market StYork, PA 17401

  • Office properties
  • 1,750 SF
For Sale
$385,000 View listing

Property Details for 1 Market St

Year built
1940
Lot size
0.04 AC
Property size (Sq ft)
1,750 SF
Property type
Office properties
Property subtype
Other office properties
APN
02-021-01-0003.00-C0102
APU
0202101000300C0102

Description

This exceptional 1940-built, 2000-renovated office condo at 1 East Market Street, Suite 103, offers 1,000 square feet of versatile space in the heart of York, Pennsylvania's Central Business District. Located within the White Rose Business Center, this single-tenant, first-floor unit boasts a wide-open layout, ideal for a variety of professional uses. The building is a three-story structure with a convenient elevator. The unit features ceiling heights ranging from 8 to 10 feet and is equipped with 200 AMP power. Its location in York County provides easy access to major transportation routes and amenities. The property's zoning designation is Central Business District, reflecting its prime location. This well-maintained condo presents a unique opportunity for businesses seeking a prestigious address and functional workspace in a thriving downtown area. The building itself is a single structure, offering a cohesive and efficient work environment. This is a rare opportunity to acquire a move-in ready office space in a highly desirable location. The property's traditional office design is complemented by modern amenities, creating a comfortable and productive setting.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $273,387
    6.5%
    $252,357
    7%
    $234,331
  • Comparable approach

    Method
    Valuation
    Relative Method
    $138,964
    Geo Method
    $110,092
  • Alternative Use

    Use
    Valuation
    Residential
    $312,923
    Hospitality
    $286,635
    Educational
    $238,477
    Medical
    $246,679
    Retail
    $370,965
1 Market St, York, Pennsylvania

Location Insight

City
York
County
York
State
Pennsylvania
Latitude
39.9629
Longitude
-76.7275
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
$2,769
$27,300
$17,300
$44,600
-
$27,300
$17,300
$44,600

FAQs

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