413 Main StMount Joy, PA 17552

Property Details for 413 Main St

Year built

1940

Lot size

1.05 AC

Property size (Sq ft)

7,827 SF

Property type

Retail space

APN

450-41641-4-0001

APU

4504164140001

Description

This exceptional investment opportunity presents a 7,827 square foot retail storefront located at 413 W Main Street in Mount Joy, Pennsylvania, 17552. The property sits on a 1.25-acre lot and enjoys a highly visible location on Route 230/Main Street, directly adjacent to a Weis Markets supermarket, ensuring significant foot traffic and brand recognition. The asking price is $1,575,000, translating to $201.23 per square foot. This attractive offering includes two buildings: the main 7,827 square foot retail space and a single-family home situated on the same parcel, providing additional potential income streams or residential use. The property benefits from its strategic location within the rapidly expanding Route 283 corridor, a key area experiencing significant growth. All essential public utilities are readily available, simplifying operations and reducing potential infrastructure costs. This presents a rare chance to acquire a substantial retail property in a thriving Pennsylvania market with high visibility and immediate access to a major grocery store. The combination of retail space and residential dwelling offers unique flexibility and potential for diverse income generation. This is an ideal investment for those seeking a strong return in a high-growth area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,367,380

  6.5%

  $1,262,200

  7%

  $1,172,040

• Comparable approach

  Method

  Valuation

  Relative Method

  $624,178

  Geo Method

  $512,092

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $2,444,830

  Mixed-Use / Specialty

  $1,264,390

  Hospitality / Lodging

  $936,363

  Office

  $1,263,860

  Institutional / Educational

  $1,316,850

  Residential Income

  $1,540,720

  Multifamily

  $1,810,730

  Automotive / Energy

  $1,128,730

  Parking / Income-Based Land

  $382,895

  Restaurant / Food Service

  $671,912

  Healthcare / Senior Housing

  $1,289,740

Location Insight

City

Mount Joy

County

Lancaster

State

Pennsylvania

Latitude

40.1125

Longitude

-76.514

CBSA code

29540

CBSA name

LANCASTER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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