Two-Story Brick Office
For Sale
$1,750,000
10 & 40 SYLVAN RETREAT ROAD, Columbia, PA 17512
An adjoining parcel is included, and the building has unfinished lower-level space.
Property Size9,187 SF
Price / SF$190.49
Days on Market14
Property Features for 10 & 40 SYLVAN RETREAT ROAD
General Information
Standard status
Active
Size
9,187 SF
Property subtype
Commercial
Additional Details
Road Access
Yes
Building Details
Year Built
1990
Buildings
1
Stories
2
Construction
brick
Listing Agency:
Compass Real Estate, LLC
(717) 431-8300
Listed By:
Deepa Balepur · License #RM425415
(717) 808-3531
Source:
Cummingsrealtors
Added: Oct 15
Changed: Oct 27
Last Checked: Oct 28 at 7:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass Real Estate, LLC
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Investment Insights
Based on property information with market context.
The offering combines a two-story brick office building at 10 Sylvan Retreat Road with the neighboring property at 40 Sylvan Retreat Road. The office contains approximately 9,187 square feet above grade and a 5,020-square-foot unfinished basement. Built in 1990, the building has been maintained and includes additional land through the adjoining parcel.
Columbia Avenue, also designated PA Route 462, is nearby, with immediate access to U.S. Route 30. These road connections link the property with Lancaster, York, Harrisburg, and the broader Central Pennsylvania region.
Columbia Avenue, also designated PA Route 462, is nearby, with immediate access to U.S. Route 30. These road connections link the property with Lancaster, York, Harrisburg, and the broader Central Pennsylvania region.
Key Highlights
- Approximately 9,187 square feet above grade, plus a 5,020‑square‑foot unfinished basement
- Offering includes the neighboring property at 40 Sylvan Retreat Road and additional land
- Two‑story brick office building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$152,099
Cap Rate
8.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,041,980
$3.0M
Cap Rate 7%
$2,172,843
$2.2M
Cap Rate 9%
$1,689,989
$1.7M
Market Conditions
NOI Build-Up for 9,187 SF
Gross rent
$235.9K $25.68/SF
− Vacancy
−$33.1K −$3.61/SF
EGI
$202.8K $22.07/SF
− OpEx
−$50.7K −$5.52/SF
NOI
$152.1K $16.56/SF
Area
Lancaster County, PA
Vacancy
14.04%
Lease Rate
$25.68 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,041,980
Cap Rate 7%
$2,172,843
Cap Rate 9%
$1,689,989
Alternative Uses
Best Use
Office B
$2.17M
$1.90M – $2.53M
NOI $152,099 @ 7.0% cap · market cap 8.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.08M
$2.69M – $3.59M
NOI $215,503 @ 7.0% cap · market cap 12.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
171
Businesses Nearby
Explore this area
Business Placement
Demographics for 17512, PA
18,267
Population
8,255
Households
2.2
Avg Household Size
42
Median Age
23%
College-Educated
86%
High-School Grad
16.0 sq mi
ZIP Area
1,142
Density / Sq Mi
$61,130
Median Household Income
$42,702
Median Earnings
$1,067
Median Rent
$221,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - An adjoining parcel is included, and the building has unfinished lower-level space.
Where is this office building located?
The property is located at 10 & 40 SYLVAN RETREAT ROAD Columbia, PA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Approximately 9,187 square feet above grade, plus a 5,020‑square‑foot unfinished basement; Offering includes the neighboring property at 40 Sylvan Retreat Road and additional land; Two‑story brick office building
