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    560 Reading Rd Ephrata, PA 17522

    For Sale
    $1,200,000

    Prime Retail Space, High Traffic Area, Value-Add Opportunity

    Property size:
    9,640 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This 9,640 square foot commercial building is situated on a 0.89-acre lot at 560 S Reading Road in Ephrata, PA. Its highly visible location along US Route 272 offers exceptional exposure, positioned next to a Wawa and the Ephrata Public Library, with numerous other popular businesses nearby including The Pancake Farm, AutoZone, Dunkin', Gus's Restaurant, Dutchway Grocery, and Good's Store. The property enjoys convenient access from US Route 272 and South State Street. The building presents a compelling value-add opportunity for both end-users and investors. The first floor is currently partially leased to two tenants (lease abstracts available upon request). The second floor, however, is vacant and requires renovations, presenting a unique chance to customize the space to meet specific needs. This floor could be adapted for retail, office use, or, subject to obtaining the necessary special exception, residential apartments. The second floor offers convenient grade-level access from the rear of the building, in addition to interior stair access from the front. Priced at $1,200,000, this property offers significant potential for growth and return on investment.

    Property Features for 560 Reading Rd

    General Information

    Property type
    Retail properties
    Square Feet
    9,640 SF
    Lot Size
    38,768 SF

    Building Details

    Year Built
    1956
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Tire Consultants Inc Tire Shop Community Action Partnership ... Social Services Organization WIC Social Services Organization Ephrata Democrats Association Or Organization

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Ephrata
    County
    Lancaster
    State
    Pennsylvania
    Longitude
    -76.1955
    Latitude
    40.17325

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space, High Traffic Area, Value-Add Opportunity
    Where is this retail property located?
    The property is located at 560 Reading Rd Ephrata, PA.
    What is the asking price?
    The asking price for this property is $1,200,000.
    (717) 735-6000
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    560 Reading Rd Ephrata, PA 17522
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    Ephrata, PA 17522
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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
    560 Reading Rd Ephrata, PA 17522
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