Building Details

Year Built 1943

Listing Agency: Sites Realty, Inc. s***@sitesrealtyinc.com Show Phone

Listed By: David L Sites · License #RM044314A Show Phone

Source: Cummingsrealtors

Added: Jul 15 Changed: Jul 27 Last Checked: Oct 30 at 4:25PM

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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 Sites Realty, Inc.

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Investment Insights

Based on property information with market context.

Located in the Borough of Littlestown, this approximately 2,500 sq. ft. commercial space is offered for lease with a preferred three-year gross lease term. The layout is described as versatile and is well suited for professional offices, salon, retail, and other permitted uses. Use approval is tied to the Borough Ordinance and its comprehensive list of approved uses, which is available in the Associate Documents.

The property includes a large parking area for customers and employees, and it is equipped with central air conditioning and forced-air heating for year-round comfort. The public remarks also highlight convenient, high-visibility positioning within the Borough.

Ideal for businesses seeking flexibility within an ordinance-approved mix of uses, the suite provides functional indoor comfort through its HVAC systems and straightforward customer access via the on-site parking area.

Key Highlights

• Approximately 2,500 sq. ft. commercial space available for lease in the Borough of Littlestown
• Preferred three‑year gross lease term
• Versatile layout suited for professional offices, salon, retail, and other permitted uses per Borough Ordinance

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$25,069

Suggested Prices Based on Cap Rates

Cap Rate 5%

$501,380 $501.4K

Cap Rate 7%

$358,129 $358.1K

Cap Rate 9%

$278,544 $278.5K

What to ask about pricing

Market Conditions

NOI Build-Up for 2,500 SF

Gross rent

$37.5K $15.00/SF

− Vacancy

−$1.7K −$0.68/SF

EGI

$35.8K $14.33/SF

− OpEx

−$10.7K −$4.30/SF

NOI

$25.1K $10.03/SF

Area

Adams County, PA

Vacancy

4.50%

Lease Rate

$15.00 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$501,380

Cap Rate 7%

$358,129

Cap Rate 9%

$278,544

Alternative Uses

Best Use

Office B

$385.7K

$337.5K – $450.0K (±1% cap)

NOI $27,000 @ 7.0% cap · market cap 901.50%

Second Best

Retail

$358.1K

$313.4K – $417.8K (±1% cap)

NOI $25,069 @ 7.0% cap · market cap 837.03%

Theoretical Best

Specialty Retail

$460.4K

$402.9K – $537.2K (±1% cap)

NOI $32,231 @ 7.0% cap · market cap 1,076.16%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Building Supply Parking Lot & Garage HVAC Service Spa & Massage Center Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

110

Businesses Nearby

Explore this area Business Placement

Demographics for 17301, PA

4,280

Population

1,591

Households

2.7

Avg Household Size

45

Median Age

16%

College-Educated

91%

High-School Grad

11.9 sq mi

ZIP Area

360

Density / Sq Mi

$81,726

Median Household Income

$42,021

Median Earnings

$1,103

Median Rent

$235,100

Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

Frequently Asked Questions

What type of property is this?

Office unit - Commercial space with central air and forced-air heating, plus a large on-site parking area for customers and employees.

Where is this office unit located?

The property is located at 105 S QUEEN STREET Abbottstown, PA.

What are key features of this property?

This property features: Approximately 2,500 sq. ft. commercial space available for lease in the Borough of Littlestown; Preferred three‑year gross lease term; Versatile layout suited for professional offices, salon, retail, and other permitted uses per Borough Ordinance