1059 Columbia AveLancaster, PA 17603

  • Other commercial real estate
  • 3,742 SF
For Sale
$249,950 View listing

Property Details for 1059 Columbia Ave

Year built
1961
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.67 AC
Property size (Sq ft)
3,742 SF
Zone code
O/P
Property type
Other commercial real estate
APN
340-38055-0-0000
APU
3403805500000

Description

This exceptional Class B medical office condo presents a unique investment or owner-occupancy opportunity. Located in Lancaster Township, this 2,074 square foot space is situated on the lower level of a well-maintained, two-story building with a total of 6,880 square feet. The building features a total of two suites, with one currently available for lease. The property boasts ample parking, with approximately 50 spaces available for tenants and visitors. Its convenient location along Columbia Avenue provides easy access to Routes 30 and 283, ensuring excellent accessibility for patients and staff. The building is meticulously maintained and benefits from its position in a high-traffic area, making it an ideal location for a variety of medical practices. The property is part of the Lancaster School District and has a Tax ID of 340-38055-0-0000. The asking lease rate is $10.95 per square foot. This is a rare opportunity to secure a well-located, established medical office space in a thriving community. The remaining 6,880 - 2,074 = 4,806 square feet is currently occupied. This listing is for the 2,074 square foot space only. Don't miss this chance to establish or expand your medical practice in a prime Lancaster location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $661,104
    Hospitality
    $605,568
    Educational
    $503,825
    Medical
    $521,153
    Retail
    $783,728
1059 Columbia Ave, Lancaster, Pennsylvania

Location Insight

City
Lancaster
County
Lancaster
State
Pennsylvania
Latitude
40.0393
Longitude
-76.3289
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
$1,624
$56,300
-
$56,300
-
$56,300
-
$56,300

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