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233 College Ave
Lancaster, PA 17603
Lancaster Medical Arts Building · Office Property For Sale

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
30,623 SF
Building Class
B
Year Built
1988
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
10,207 SF
Building FAR
2.42
Lot Size
0.29 AC
Zoning
RO
Parking
220 Spaces (7.18 Spaces per 1,000 SF Leased)

AMENITIES

  • Atrium
  • Bus Line

ABOUT 233 COLLEGE AVE , LANCASTER, PA 17603

This property is located along college Avenue approximately two miles from the heart of downtown Lancaster, Pa. It provides an investor the opportunity to acquire a prime healthcare property, with rents that are significantly under market. Additionally, the property is strategically positioned within walking distance from Franklin & Marshall College, one of central Pennsylvania's premier liberal arts colleges. The property is leased to Lancaster Regional Medical Center (now UPMC Pinnacle). in July of 2017, Lancaster Regional Medical Center, a wholly owned subsidiary of Community Health Systems (CHS), was acquired by Pinnacle Health a 1,360-bed, eight hospital, not-for-profit, sub network, wholly-owned by UPMC, a dominant health system throughout central Pennsylvania.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
335-80738-0-0000
Land Assessment
$65,400
Improvements Assessment
$3,045,600
Total Assessment
$3,111,000
  • Listing ID: 14954097

  • Date on Market: 1/22/2019

  • Last Updated:

  • Address: 233 College Ave, Lancaster, PA 17603

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