1001 Market StYork, PA 17404

Property Details for 1001 Market St

Year built

1910

Lot size

0.06 AC

Property size (Sq ft)

4,714 SF

Zone code

RS

Property type

Mixed-use properties

Property subtype

Retail residential properties

APN

12-369-06-0001.00-00000

APU

123690600010000000

Description

This exceptional 2.2-acre corner property in York City, PA, presents a remarkable redevelopment opportunity. Located at the intersection of West Market Street (Route 462) and Richland Avenue, this high-traffic site boasts over 375 feet of frontage on Market Street and over 340 feet on Richland Avenue. The property includes a substantial existing building of over 22,000 square feet, previously used as a grocery store. Its strategic location offers excellent visibility and accessibility, situated near the York Fairgrounds (York Expo Center), which attracts over 500,000 visitors annually during the York State Fair. The site benefits from high daily traffic counts, exceeding 12,000 vehicles on West Market Street and over 17,000 on Richland Avenue. The property's zoning permits a wide range of commercial uses, including retail, automotive, office, and self-storage facilities. Adaptive reuse options are also viable, such as a laundromat or other retail establishments. This location is highly desirable, with a population exceeding 21,000 within a one-mile radius, and is near established businesses like Dollar Tree, Dollar General, Advance Auto, and CVS. The property's size and location make it an exceptional investment for developers seeking a high-impact project in a thriving commercial area. The majority of the property is zoned EC within York City, with a small western portion zoned commercial in West York Borough.

• CAP approach

  CAP return

  Valuation

  6%

  $1,032,824

  6.5%

  $953,376

  7%

  $885,277

• Comparable approach

  Method

  Valuation

  Relative Method

  $632,148

  Geo Method

  $459,664

• Alternative Use

  Use

  Valuation

  Residential

  $953,376

  Hospitality

  $873,287

  Educational

  $726,564

  Medical

  $751,552

  Retail

  $1,130,211

Location Insight

City

York

County

York

State

Pennsylvania

Latitude

39.9701

Longitude

-76.708

CBSA code

49620

CBSA name

YORK-HANOVER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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