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    2301 Columbia Ave Lancaster, PA 17603

    For Sale
    Contact for pricing

    Prime Lancaster location, lab space, ample parking.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional commercial property, located at 2301 Columbia Avenue, Unit LAB, in Lancaster, PA, presents a unique investment opportunity. Situated at the high-traffic intersection of Running Pump Road and Columbia Avenue, this contemporary office/professional/medical building boasts over 17,000 daily vehicle counts, ensuring high visibility and accessibility. The property features a dedicated lower-level laboratory space, ideal for a variety of scientific or medical uses. The building sits on a 2.5-acre lot, providing ample room for expansion or future development. Parking is abundant, with over 65 illuminated parking spaces accessible from both Columbia Avenue and Running Pump Road, offering convenient access for employees and clients. The outdoor area is enhanced by mature trees and landscaping, creating a pleasant and professional environment. This property is perfect for businesses seeking a prominent location with excellent visibility, ample parking, and dedicated lab space. The building's contemporary design and convenient location make it an attractive option for a wide range of professional uses. The high daily traffic count ensures significant exposure, making this an ideal location for businesses seeking to establish a strong presence in the Lancaster market. Serious inquiries are encouraged.

    Property Features for 2301 Columbia Ave

    General Information

    Property type
    Office Properties & Spaces
    Lot Size
    108,900 SF

    Building Details

    Year Built
    1991
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dr. Swapna R. ... Internist Central Pa Rehab ... Physical Therapy Clinic Evelyn Sheaffer, CRNP Nurse Practitioner Dr. Michael C. ... Internist Point West Medical ... Medical Center

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Lancaster
    State
    Pennsylvania
    Longitude
    -76.36634
    Latitude
    40.04059

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Lancaster location, lab space, ample parking.
    Where is this office property / space located?
    The property is located at 2301 Columbia Ave Lancaster, PA.
    (717) 208-4444
    Request Owner's contact information
    2301 Columbia Ave Lancaster, PA 17603
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    Lancaster, PA 17603
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2301 Columbia Ave Lancaster, PA 17603
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