1003 George St York, PA 17404-2000

Property Details for 1003 George St

Year built

1913

Lot size

0.10 lot acres

Property size

7,760 SF

Zone code

RS

Property type

Retail residential properties

APN

80-000-02-0134.00-00000

APU

800000201340000000

Description

This exceptional value-add investment opportunity, located at 1003 N George St in York, Pennsylvania, presents a unique blend of office, retail, and residential income streams. The property, built in 1913, comprises a two-story building totaling 4,160 square feet situated on a 0.09-acre lot. The building features two ground-floor retail spaces currently leased, along with five private offices on the second floor, also under lease. An additional occupied apartment is located on the upper level, adding to the diverse income potential. The current leases are primarily year-to-year, offering significant upside potential for rental increases. Convenient parking is available in a lot accessible from E 6th Street. The property benefits from a highly visible location near Route 30 and historic downtown York, ensuring excellent accessibility and exposure. The asking price is $679,900. This multi-tenant property offers a compelling investment opportunity for those seeking a value-add project with diverse income streams and a prime location in York, PA. The property's strong location and existing tenancy provide a solid foundation for future growth and profitability. The gross lease structure simplifies management, and the year-to-year leases allow for flexible adjustments to market rates. This is an ideal opportunity for investors looking to capitalize on the growing York market.

Location Insight

City

York

County

York

State

Pennsylvania

Longitude

-76.7324

Latitude

39.9767

CBSA code

49620

CBSA name

YORK-HANOVER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments