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Property profile & analytics
OFF-MARKET
Parking lots & garages

865 Main St Ephrata, PA 17522-2545

1,568 SF 0.23 ac lot Built 1912
Entity Owned 7-yr Hold Absentee Owner Free & Clear
Property ID
US73-2022989
Property summary
AI-generated overview

This exceptional commercial property, located at 865 E Main Street in Ephrata, Pennsylvania, presents a unique investment opportunity. Situated on a 0.23-acre lot, this mixed-use zoned property offers incredible flexibility for a variety of businesses. Its prime location just off Route 222 in Ephrata Township ensures high visibility and accessibility, benefiting from a daily traffic count exceeding 22,000 vehicles. The property's strategic placement between a car wash and a self-storage facility further enhances its exposure. The property's signage opportunities along Route 322 provide exceptional visibility to a large volume of passing traffic. The existing space is complemented by an additional approximately 530 square feet of contiguous space, offering expansion potential to suit specific business needs. The area boasts a vibrant commercial landscape, with nearby established businesses including Panera Bread, Chipotle, AT&T, Texas Roadhouse, Jersey Mike's Subs, Giant Food Stores, Member's 1st Credit Union, Starbucks, and Five Guys, creating a strong and diverse customer base. The mixed-use zoning allows for a wide range of potential uses, including office space, retail establishments, studios, financial institutions, salons, barber shops, restaurants, and medical or veterinary offices. This property offers a compelling combination of location, zoning flexibility, and expansion potential, making it an ideal choice for discerning investors and entrepreneurs.

Property profile
Verified
Property type Parking lots & garages
Use group PARKING LOT
Year built 1912
Total area 1,568 SF
Lot 0.23 ac (10,019 SF)
Zoning code C-2
APN 270-67615-0-0000
UPID US73-2022989
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Kwik Klean Laundromat (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Premier R & G Properties LP · 7 yrs held
Premier R & G Properties LP
since 2019
5 recorded transactions
2024
Price N/A
2019
Price N/A
2016
Price N/A
2009
Price N/A
2001
$1.4M
Zoning & alternative use
C-2 · Ephrata, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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