607 Main StEphrata, PA 17522

Property Details for 607 Main St

Year built

1952

Construction

FRAME

Lot size

0.33 AC

Property size (Sq ft)

2,865 SF

Zone code

NC

Property type

Retail properties

Property subtype

Turn key restaurants

APN

260-68198-0-0000

APU

2606819800000

Description

This attractive office space, located at 607 E Main Street in Ephrata, Pennsylvania, offers two well-maintained rooms ideal for a small business or professional practice. The dimensions of the rooms are 13 feet 2 inches by 14 feet 4 inches and 13 feet 2 inches by 19 feet 4 inches, providing ample space for various configurations. All utilities are included in the lease, simplifying budgeting and administration. A shared powder room is conveniently located for use by tenants. Recent improvements include fresh paint and new floor coverings, ensuring a clean and modern workspace. The property benefits from an excellent location, providing easy access to major transportation routes. Commuters will appreciate the proximity to Route 322, Route 272, and the Pennsylvania Turnpike, ensuring convenient travel throughout the region. This makes the space highly accessible for clients and employees alike. The property is an office space only

• CAP approach

  CAP return

  Valuation

  6%

  $650,053

  6.5%

  $600,049

  7%

  $557,188

• Comparable approach

  Method

  Valuation

  Relative Method

  $553,611

  Geo Method

  $943,339

• Alternative Use

  Use

  Valuation

  Residential

  $506,164

  Hospitality

  $463,643

  Educational

  $385,746

  Medical

  $399,012

  Retail

  $600,049

Location Insight

City

Ephrata

County

Lancaster

State

Pennsylvania

Latitude

40.1841

Longitude

-76.1852

CBSA code

29540

CBSA name

LANCASTER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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