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Property profile & analytics
FOR LEASE
Retail space

560 S Reading Rd Ephrata, PA 17522

9,664 SF 0.89 ac lot Built 1956
Individually Owned 23-yr Hold ~ Est. High Equity
Property ID
US73-5738231
Property summary
AI-generated overview

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 profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1956
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 9,664 SF
Lot 0.89 ac (38,768 SF)
Zoning code HC
APN 260-86363-0-0000
UPID US73-5738231
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
  • Tire Consultants Inc (Bike/Boat/Book/etc) Store Auto Parts Store
  • Community Action Partnership of Lancaster County Social Service Agency Charitable Organization
  • WIC Social Service Agency Charitable Organization
  • Ephrata Democrats Association Or Organization
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
Ephrata Public Library · 23 yrs held
Ephrata Public Library
since 2002
2 recorded transactions
2019
Price N/A
2002
$275,000
Zoning & alternative use
HC · Ephrata, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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