100 Memory LnYork, PA 17402

Property Details for 100 Memory Ln

Year built

1965

Lot size

0.87 AC

Property size (Sq ft)

4,133 SF

Zone code

M-U

Property type

Retail properties

Property subtype

Turn key restaurants

APN

46-000-02-0035.A0-00000

APU

46000020035A000000

Description

This exceptional investment opportunity comprises three freestanding retail buildings totaling 4,133 square feet situated on a 0.94-acre lot in York, Pennsylvania. Located at 100 Memory Ln, York, PA 17402, these properties are zoned MU (Mixed Use) and boast ample parking, high visibility, and strong traffic counts. Previously licensed as cannabis dispensaries (licenses not included), each building has undergone recent renovations, making them immediately ready for occupancy. The versatile nature of these properties allows for a wide range of uses, including traditional retail storefronts or restaurants. Their prime locations and modern updates present a compelling opportunity for investors seeking a high-return portfolio in a thriving market. The sale does not include the previous cannabis dispensary licenses; however, the properties are compliant locations for future licensing applications or relocation of existing licenses. This is a rare chance to acquire a well-maintained, multi-use property portfolio in a desirable location. The properties are situated in York County, Pennsylvania, offering easy access to major transportation routes and a strong local economy. This portfolio presents a unique opportunity for both experienced and emerging investors.

• CAP approach

  CAP return

  Valuation

  6%

  $937,755

  6.5%

  $865,620

  7%

  $803,790

• Comparable approach

  Method

  Valuation

  Relative Method

  $798,630

  Geo Method

  $655,218

• Alternative Use

  Use

  Valuation

  Residential

  $730,183

  Hospitality

  $668,844

  Educational

  $556,470

  Medical

  $575,608

  Retail

  $865,620

Location Insight

City

York

County

York

State

Pennsylvania

Latitude

39.9757

Longitude

-76.681

CBSA code

49620

CBSA name

YORK-HANOVER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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