1401 Oregon PikeLancaster, PA 17601

Property Details for 1401 Oregon Pike

Year built

1948

Construction

BRICK

Lot size

0.69 AC

Property size (Sq ft)

3,480 SF

Zone code

B-3

Property type

Retail properties

Property subtype

Other individual retail properties

APN

390-73953-0-0000

APU

3907395300000

Description

This exceptional 1,400 sq ft executive office suite, located at 1401 Oregon Pike in Lancaster, Pennsylvania, is now available. Recently renovated in 2024, this second-floor space boasts a modern design, including a welcoming reception area, five private offices, a convenient kitchenette, and a full bathroom with a shower. Situated in a high-traffic area at a five-way signalized intersection on Oregon Pike and Fordney Road, the property enjoys exceptional visibility and accessibility, with over 39,000 cars passing daily. The building, constructed in 1948, offers ample parking with 21 paved spaces and additional gravel overflow parking. The 0.31-acre lot is zoned General Business District (B-3), allowing for a wide variety of business uses. This Class B building is part of a larger 3,480 sq ft multi-tenant property. Its convenient location offers easy access to public transportation and is across from the Golden Triangle Shopping Mall, with nearby businesses including Burger King, Dollar Tree, Marshalls, Staples, LA Fitness, and Walgreens. The property features a 200-amp power supply. This is an excellent opportunity for businesses seeking a well-appointed, highly visible office space in a thriving Lancaster County location.

• CAP approach

  CAP return

  Valuation

  6%

  $789,593

  6.5%

  $728,855

  7%

  $676,794

• Comparable approach

  Method

  Valuation

  Relative Method

  $672,449

  Geo Method

  $551,696

• Alternative Use

  Use

  Valuation

  Residential

  $614,816

  Hospitality

  $563,169

  Educational

  $468,550

  Medical

  $484,664

  Retail

  $728,855

Location Insight

City

Lancaster

County

Lancaster

State

Pennsylvania

Latitude

40.0609

Longitude

-76.3058

CBSA code

29540

CBSA name

LANCASTER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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