2 Main StStrasburg, PA 17579

Property Details for 2 Main St

Year built

1900

Construction

FRAME

Lot size

0.19 AC

Property size (Sq ft)

8,457 SF

Zone code

C-1

Property type

Office properties

APN

570-96282-0-0000

APU

5709628200000

Description

This exceptional 150-square-foot office space offers a unique blend of traditional office functionality and modern convenience. Located on the third floor of a historic building in downtown Strasburg, Lancaster County, this single-tenant space boasts private access to an outdoor balcony, perfect for fresh air breaks or informal meetings. The office itself measures approximately 11ft x 13ft and is part of a shared office area with three other rarely-used offices, ensuring a quiet and productive work environment. A shared conference room is available upon request, adding further flexibility for meetings and collaborations. Rent includes all utilities and high-speed Wi-Fi, minimizing operational overhead. For added convenience, a workspace package including a desk, chair, and file cabinet is available upon request. The monthly rent is $300. This fantastic opportunity is available for occupancy starting January 1st, 2025. The property is classified as both a traditional office and coworking space, offering a versatile solution for various business needs. This is an ideal space for a solo entrepreneur or a small business seeking a charming and efficient workspace in a vibrant historic setting.

• CAP approach

  CAP return

  Valuation

  6%

  $1,305,338

  6.5%

  $1,204,927

  7%

  $1,118,861

• Comparable approach

  Method

  Valuation

  Relative Method

  $648,479

  Geo Method

  $532,030

• Alternative Use

  Use

  Valuation

  Residential

  $1,494,110

  Hospitality

  $1,368,597

  Educational

  $1,138,656

  Medical

  $1,177,816

  Retail

  $1,771,243

Location Insight

City

Strasburg

County

Lancaster

State

Pennsylvania

Latitude

39.9824

Longitude

-76.1781

CBSA code

29540

CBSA name

LANCASTER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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