1215 Reading RdStevens, PA 17578

Property Details for 1215 Reading Rd

Year built

1935

Construction

FRAME

Lot size

3.65 AC

Property size (Sq ft)

2,914 SF

Zone code

C-1

Property type

Turn key restaurants

APN

080-32946-0-0000

APU

803294600000

Description

This exceptional retail development opportunity in Stevens, PA, presents two brand-new, mixed-use spaces totaling 12,312 square feet. Located at 1215 N. Reading Road, this property offers a strategic location within a thriving commercial area. The development is ideally suited for retail, medical, or office users seeking to establish or expand their presence in the robust Stevens market. Each of the two available suites offers ample space, with one ranging from 5,400 to 6,912 square feet. The entire 12,312 square foot building is currently vacant, providing a unique chance to customize the space to perfectly fit your business needs. The property boasts a prime location surrounded by a variety of established businesses and attractions, including Weis Markets, Planet Fitness, CVS Pharmacy, Burger King, Two Cousins Pizza, The Green Dragon Market, Four Seasons Produce, and Foxchase Golf Club, ensuring high visibility and foot traffic. The zoning is commercial, allowing for a wide range of uses. This single-story building is part of a new development featuring two buildings, offering a modern and attractive setting for your business. The property is situated in Lancaster County, providing easy access to major transportation routes and a strong local economy. Don't miss this chance to secure a prominent location in a rapidly growing area.

• CAP approach

  CAP return

  Valuation

  6%

  $661,171

  6.5%

  $610,311

  7%

  $566,718

• Comparable approach

  Method

  Valuation

  Relative Method

  $563,079

  Geo Method

  $959,473

• Alternative Use

  Use

  Valuation

  Residential

  $514,820

  Hospitality

  $471,573

  Educational

  $392,343

  Medical

  $405,836

  Retail

  $610,311

Location Insight

City

Stevens

County

Lancaster

State

Pennsylvania

Latitude

40.2097

Longitude

-76.132

CBSA code

29540

CBSA name

LANCASTER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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