100 Historic DrStrasburg, PA 17579

Property Details for 100 Historic Dr

Year built

2002

Construction

BRICK

Property size (Sq ft)

1,868 SF

Property type

Retail properties

Property subtype

Banks

APN

570-08342-1-0001

APU

5700834210001

Description

This 1,796 square foot Class A office space, located at 100 Historic Dr. in Strasburg, Pennsylvania, presents a unique opportunity for businesses seeking a prominent location. Built in 2002, this single-story building features a former bank branch layout, complete with two drive-thru lanes, a vault, and a conference room adaptable as additional office space. The property benefits from a shared common lobby/entry, tenant break room, and restrooms. Its strategic placement within a thriving professional business complex offers excellent visibility and accessibility. Nearby establishments include the US Post Office, a pizza shop, a beer mart, a physical therapy practice, and other professional offices. Across the street, a full-service Rutter's fuel and convenience store and a new Penn Med/LGH facility provide added convenience. A 55+ age-restricted residential community, Heritage Strasburg, is located directly behind the property, further enhancing its strategic position. The property is zoned C3 & Gateway North Overly, and potential tenants should contact Strasburg Borough for allowable uses. The annual Net, Net, Net (NNN) cost is estimated at $6.59 per square foot, encompassing a pro-rated share of NNN and utility costs for the shared common area, plus tenant-responsible utilities and twice-yearly HVAC service. This exceptional property is perfect for financial institutions, professional offices, medical practices, or other suitable businesses. The APN is 570-08342-1-001.

• CAP approach

  CAP return

  Valuation

  6%

  $423,839

  6.5%

  $391,236

  7%

  $363,290

• Comparable approach

  Method

  Valuation

  Relative Method

  $360,958

  Geo Method

  $296,140

• Alternative Use

  Use

  Valuation

  Residential

  $330,022

  Hospitality

  $302,298

  Educational

  $251,509

  Medical

  $260,159

  Retail

  $391,236

Location Insight

City

Strasburg

County

Lancaster

State

Pennsylvania

Latitude

39.987

Longitude

-76.177

CBSA code

29540

CBSA name

LANCASTER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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