3651 Market StYork, PA 17402

  • Retail properties
  • 4,557 SF
For Lease

Property Details for 3651 Market St

Year built
1995
Lot size
0.69 AC
Property size (Sq ft)
4,557 SF
Zone code
C-H
Property type
Retail properties
Property subtype
Auto shops
APN
46-000-JJ-0043.F0-00000
APU
46000JJ0043F000000

Description

Stonybrook Shopping Center, a 68,105 square foot retail center in York, Pennsylvania, presents a unique investment opportunity. Located at 3651 E Market St (Route 462), this three-building, multi-tenant shopping center sits on 8.97 acres and boasts over 200 parking spaces. Built in 1995 and zoned C-H Commercial, the property enjoys a prime location along a major shopping corridor, benefiting from proximity to dense residential neighborhoods, including the new Fallbrook Flats Apartments (148 units), and a strong daytime workforce due to nearby industrial and office employers. The center is anchored by Saubel's Markets and includes diverse tenants such as Central Bark Doggy Daycare, Fitness 1440, Oyako Sushi, Avis Rent-a-Car, and Monroe Auto Center, with Northwest Bank as a shadow anchor. A key feature is a proposed pad site, totaling up to 2,320 square feet, situated in the parking lot near Cinema Drive, offering a drive-thru option. This last remaining space provides an excellent opportunity for expansion or a new tenant to join this thriving retail center in York County. The property consists of 11 suites across three buildings.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,033,958
    6.5%
    $954,423
    7%
    $886,250
  • Comparable approach

    Method
    Valuation
    Relative Method
    $880,560
    Geo Method
    $722,436
  • Alternative Use

    Use
    Valuation
    Residential
    $805,092
    Hospitality
    $737,460
    Educational
    $613,558
    Medical
    $634,659
    Retail
    $954,423
3651 Market St, York, Pennsylvania

Location Insight

City
York
County
York
State
Pennsylvania
Latitude
39.9838
Longitude
-76.6496
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
$12,761
$156,290
$277,910
$434,200
-
$156,290
$277,910
$434,200

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