2080 Lincoln HwyLancaster, PA 17602
- Retail properties
- 30,807 SF
Property Details for 2080 Lincoln Hwy
- Year built
- 1979
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 5.60 AC
- Property size (Sq ft)
- 30,807 SF
- Zone code
- C-2
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 310-86953-0-0000
- APU
- 3108695300000
Description
This single-story, 30,806 square foot retail building is located at 2080 Lincoln Highway East in Lancaster, Pennsylvania, 17602. Previously occupied by Pep Boys, the property offers a significant leasing opportunity for businesses seeking high visibility and substantial square footage. The building boasts a total area of 30,806 square feet, with 19,729 square feet currently vacant. Its prime location on the busy Lincoln Highway East ensures high traffic counts and excellent exposure to potential customers. The single-tenant occupancy provides a unique opportunity for a business to establish a strong presence in a desirable retail corridor. The building's single-story design offers ease of access and functionality. This property presents a compelling investment opportunity for businesses seeking a prominent location in a thriving Lancaster market. The substantial vacant space allows for customization and adaptation to suit a variety of retail operations. The address is easily accessible and benefits from excellent visibility, making it an ideal location for attracting customers. This is a rare chance to secure a large, well-situated retail space in a high-demand area. Serious inquiries are encouraged.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $6,989,939
- 6.5%
- $6,452,252
- 7%
- $5,991,376
-
Comparable approach
- Method
- Valuation
- Relative Method
- $5,952,911
- Geo Method
- $4,883,932
-
Alternative Use
- Use
- Valuation
- Residential
- $5,442,716
- Hospitality
- $4,985,498
- Educational
- $4,147,876
- Medical
- $4,290,528
- Retail
- $6,452,252
Location Insight
- City
- Lancaster
- County
- Lancaster
- State
- Pennsylvania
- Latitude
- 40.0309
- Longitude
- -76.2381
- CBSA code
- 29540
- CBSA name
- LANCASTER, PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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