55 New StEphrata, PA 17522

  • Industrial properties
  • 42,560 SF
For Lease
$7.95/SF/YR View listing

Property Details for 55 New St

Year built
1940
Construction
BRICK
Lot size
1.69 AC
Property size (Sq ft)
42,560 SF
Zone code
PMD
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
260-13221-0-0000
APU
2601322100000

Description

This exceptional industrial property, located at 55 New Street in Ephrata, Pennsylvania (zip code 17522), offers a prime opportunity for businesses seeking warehouse space. The property, zoned NCD Neighborhood Commercial (APN 260-13221-0-0000), encompasses a total of 81,512 square feet across two suites on a 1.69-acre lot. Currently, there are 58,356 square feet of vacant space available, with a minimum divisible unit of 17,600 square feet and a maximum contiguous space of 40,756 square feet. The building features robust 3-phase power with three separate 600-amp inputs, making it suitable for a variety of industrial uses. Ample parking is provided with 97 spaces. The property is part of New Street Commons, a thriving business community. While approximately 21,449 square feet of the vacant space is unfinished, this presents a unique opportunity for customization to meet specific business needs. This location offers excellent access to transportation networks and is situated within a well-established commercial area. The property is ideal for owner-users seeking significant space or businesses requiring flexible lease options. This is a rare opportunity to secure substantial warehouse space in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $7,519,134
    Hospitality
    $6,887,486
    Educational
    $5,730,308
    Medical
    $5,927,382
    Retail
    $8,913,812
55 New St, Ephrata, Pennsylvania

Location Insight

City
Ephrata
County
Lancaster
State
Pennsylvania
Latitude
40.182
Longitude
-76.1693
CBSA code
29540
CBSA name
LANCASTER, 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
$22,441
$211,300
$724,500
$935,800
-
$211,300
$724,500
$935,800

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