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Leased Condominium For Sale
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1059 Columbia Ave, Lancaster, PA 17603

Leased 2,074 SF condominium unit for sale.

Property Size2,074 SF
Price / SF$120.52
Days on Market1778

Property Features for 1059 Columbia Ave

General Information

Standard status Active
Size 2,074 SF
Class B
Property subtype Office
Zoning Condo
Lease Type NNN

Building Details

Buildings 1
Stories 2
Units 1
Listing Agency: Bennett Williams Commercial Lancaster
Listed By: Tom Troccoli · License #PA RS167691L
Source: Crexi
Added: Dec 13, 2021 Changed: Oct 25 Last Checked: Oct 24 at 4:33PM

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 Bennett Williams Commercial Lancaster

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Investment Insights

Based on property information with market context.

This investment opportunity features a leased condominium comprising approximately 2,074 square feet on the lower level. The space has been completely renovated and is currently occupied by a bio-tech company, which will remain as a tenant. The property includes approximately 140 off-street parking spaces.

Key Highlights

  • Leased condominium providing immediate income stream.
  • Completely renovated lower level.
  • Tenant to remain, ensuring continued income.

Property Analytics

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Open Analytics

Current Use

Scott A Creisher DDS Dental Office Lancaster Dentist Dental Office Sincera Reproductive Medicine ... Medical Clinic Dr. Kathleen M. ... Physician George T. Eckenrode, ... Physician

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Big Box & Wholesale Store HVAC Service

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

695
Businesses Nearby

Demographics for 17603, PA

66,739
Population
28,142
Households
2.4
Avg Household Size
37
Median Age
37%
College-Educated
90%
High-School Grad
30.0 sq mi
ZIP Area
2,225
Density / Sq Mi
$77,156
Median Household Income
$40,043
Median Earnings
$1,265
Median Rent
$244,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Leased 2,074 SF condominium unit for sale.
Where is this office unit located?
The property is located at 1059 Columbia Ave Lancaster, PA.
What is the asking price?
The asking price for this property is $249,950.
What are key features of this property?
This property features: Leased condominium providing immediate income stream.; Completely renovated lower level.; Tenant to remain, ensuring continued income.
(717) 843-5555 Call to check price and availability
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