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1057 Columbia Ave 2,864 SF 100% Leased Office Building Lancaster, PA 17603 $492,900 ($172.10/SF)
Investment Highlights
- Lots of visibility from Columbia Avenue.
- Highly visible location along Columbia Avenue, ensuring strong exposure to passing traffic.
- Private parking lot at the rear with approximately 8 spaces for convenient access.
- Private parking in rear.
- Located in an exceptionally drivable area with easy access to surrounding business districts and Lancaster’s core amenities.
Executive Summary
This is a unique property that can be used as commercial or residential. The price includes 1055 and 1057 Columbia Avenue. Both properties can be bought as a package or each side can be bought separate. Possible uses include a doctor's office, dentist's office, hair salon, financial institution among many others. Check with Lancaster Township zoning with questions. Approximately 8 parking spaces included. Buyer could live in one side and put a business in the other or turn them into a 2-4 unit apartment building. Or put a personal business in one and rent the other one to another business. Lots of possibilities. Call me with any questions.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
2,864 SF
Building Class
B
Year Built/Renovated
1961/2023
Price
$492,900
Price Per SF
$172.10
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,432 SF
Building FAR
0.27
Lot Size
0.24 AC
Zoning
OP - Lancaster Township Local Commercial
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Certified Energy Consultants
- Professional, Scientific, and Technical Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Certified Energy Consultants | Professional, Scientific, and Technical Services | - | - | - |
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Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 340-36561-0-0000 | Improvements Assessment | $69,800 |
| Land Assessment | $52,700 | Total Assessment | $122,500 |
Property Taxes
Parcel Number
340-36561-0-0000
Land Assessment
$52,700
Improvements Assessment
$69,800
Total Assessment
$122,500
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1057 Columbia Ave
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