Property Attributes
- MLS#PALA2047788
- TypeCommercial
- CountyLANCASTER
- CityLancaster
- AreaEast Hempfield Twp
- NeighborhoodHempfield
- Zip17601
- StyleDay Care Facility,Professional,School
- Year Built2005
- Taxes$ 14898
- Price$ 3,100,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage10500
Data Source:
Bright MLS
Property Description
Investment opportunity to purchase building leased to Chesterbrook Academy. Tenant just signed a 10 year lease renewal effective March 1, 2024. Price reflects a 7.0% cap rate. Also See MLS #PALA2022002 for adjoining property sale information. Both properties can be purchased for $4,395,000.
Price History | |
---|---|
3/5/2024 | Listed $3,100,000 |
General Features
Sewer | Public Sewer |
---|---|
Heating | Forced Air |
Cooling | Central A/C |
Utilities | Electric Available,Natural Gas Available,Sewer Available,Water Available |
Possession | Negotiable |
Roof | Architectural Shingle |
Zoning | COMMUNITY BUSINESS CENTER |
Construction Materials | Other |
Year Built | 2005 |
Unit Number | 2 |
Property SubType | Office |
Tax Year | 2024 |
Percent Ownership | Fee Simple |
Cool Fuel | Electric |
Business Type | Day Care Facility,Professional,School |
Accessibility | Other |
County | LANCASTER |
New Construction | No |
Property Type | Commercial Sale |
Subdivision Name | HEMPFIELD |
Water Access Y/N | No |
Status | ACTIVE |
Directions | Travel west on Harrisburg Pike thru intersection with Route 741 (Rohrerstown Road),turn right at Golden Meadows Park,Chesterbrook Academy building on right. |
ModificationTimestamp | 2024-03-06T15:17:43 |
City | LANCASTER |
Buyer Agent Compensation | 3 |
Zoning Description | Encourages new and existing business areas contiguous to major corridors,and supports wide range of moderate size businesses. |
MLS Area | East Hempfield Twp (10529) |
Lot Size Square Feet | 0.00 |
Tax Assessed Value | 689400.0 |
Waterfront Y/N | No |
Street Name | HARRISBURG |
Tax Annual Amount | 14898.0 |
Price Per Sq Ft | 295.24 |
Vacation Rental Y/N | No |
Days on Market | 43 |
Location Type | Other |
Standard Status | Active |
Year Built Source | Estimated |
Buyer Agent Compensation Type | % Of Gross |
Interior Features
Heating Fuel | Natural Gas |
---|---|
Hot Water | Electric |
Heating Y/N | Yes |
Central Air Y/N | Yes |
Exterior Features
Water Source | Public |
---|---|
Total Parking Spaces | 40 |
Type of Parking | Parking Lot |
Water View Y/N | No |
Building Area Total | 10500.00 |
Lot Size Acres | 0.00 |
Lot Size Units | Square Feet |
Lot Size Source | Estimated |
Road Responsibility | Boro/Township |
Navigable Water Y/N | No |
Water Oriented Y/N | No |
Car Parking Spaces | 40 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool