100 Main StTerre Hill, PA 17581

Property Details for 100 Main St

Year built

1971

Construction

BRICK

Lot size

1.00 AC

Property size (Sq ft)

3,009 SF

Zone code

R-1

Property type

Banks

APN

590-69885-0-0000

APU

5906988500000

Description

This exceptional 3,009 square foot commercial property located at 100 W Main St, Terre Hill, PA 17581 presents a unique investment or owner-user opportunity. Situated on a one-acre lot, this retail space boasts convenient drive-thru lanes, a significant advantage for various businesses. The property benefits from dual zoning designations, R-C and R-1, allowing for a wide range of permitted uses, including retail establishments, professional offices, and restaurants. This flexibility ensures adaptability to diverse business needs. The high-traffic location on West Main Street offers excellent visibility and accessibility, with an average daily traffic count of 5,087 vehicles in both directions. Further enhancing convenience, overflow parking is available across Walnut Street. This property represents a compelling opportunity to establish a thriving business within the bustling Lancaster County market, in the charming town of Terre Hill. The combination of size, zoning flexibility, and prime location makes this an attractive proposition for discerning investors and business owners alike. The property's existing infrastructure and ample parking provide a solid foundation for immediate occupancy or future development.

• CAP approach

  CAP return

  Valuation

  6%

  $682,726

  6.5%

  $630,208

  7%

  $585,193

• Comparable approach

  Method

  Valuation

  Relative Method

  $581,436

  Geo Method

  $990,753

• Alternative Use

  Use

  Valuation

  Residential

  $531,604

  Hospitality

  $486,947

  Educational

  $405,134

  Medical

  $419,067

  Retail

  $630,208

Location Insight

City

Terre Hill

County

Lancaster

State

Pennsylvania

Latitude

40.1577

Longitude

-76.0498

CBSA code

29540

CBSA name

LANCASTER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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