Mixed-Use Property with Office
11 LINCOLN WAY E, New Oxford, PA 17350
For Sale
New
$279,900
Separate upper-level rooms and a rear garage studio provide additional space for business operations.
Property Size2,268 SF
Price / SF$123.41
Days on Market3
Property Features for 11 LINCOLN WAY E
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Road Access
Utilities to Site
Mixed-Use Components
Additional Details
Property Use
Building Details
Year Built
Year Renovated
Stories
Listing Agency:
RE/MAX of Gettysburg
(717) 338-0881
Listed By:
Alycia N Hays · License #RS293391
(717) 752-5697
Source:
Cummingsrealtors
Added: Nov 4
Changed: Nov 6
Last Checked: Nov 6 at 2:46PM
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 RE/MAX of Gettysburg
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Investment Insights
Based on property information with market context.
Built in 1850 and renovated in 2017, this mixed-use property has 2,268 square feet arranged for business or office use. The first floor includes three business rooms, a private kitchen and dining area, a half bath, a full bath, and laundry hookups. Upstairs are three rooms that can serve as bedrooms or offices, along with another full bath. A rear garage is configured as an office or studio and is accessible from the alley. The property also features a fenced, level lot and a brick front porch with lighting for signage.
Zoned Mixed Use, the property sits in downtown New Oxford Borough along historic Route 30. Shops, dining, and community events are described as nearby. Heating and cooling are provided by natural gas heat and mini-split systems with heat and air conditioning; the building also has newer windows and doors.
Zoned Mixed Use, the property sits in downtown New Oxford Borough along historic Route 30. Shops, dining, and community events are described as nearby. Heating and cooling are provided by natural gas heat and mini-split systems with heat and air conditioning; the building also has newer windows and doors.
Key Highlights
- Mixed‑use zoning in downtown New Oxford Borough
- 2,268 square feet; built in 1850 and renovated in 2017
- First floor has 3 business rooms, kitchen and dining area, half bath, full bath, and laundry hookups
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,494
Cap Rate
8.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$489,880
$489.9K
Cap Rate 7%
$349,914
$349.9K
Cap Rate 9%
$272,156
$272.2K
Market Conditions
NOI Build-Up for 2,268 SF
Gross rent
$40.8K $18.00/SF
− Vacancy
−$8.2K −$3.60/SF
EGI
$32.7K $14.40/SF
− OpEx
−$8.2K −$3.60/SF
NOI
$24.5K $10.80/SF
Area
Adams County, PA
Vacancy
20.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$489,880
Cap Rate 7%
$349,914
Cap Rate 9%
$272,156
Alternative Uses
Best Use
Office B
$349.9K
$306.2K – $408.2K
NOI $24,494 @ 7.0% cap · market cap 8.75%
Second Best
Mixed Use
$335.3K
$293.4K – $391.2K
NOI $23,474 @ 7.0% cap · market cap 8.39%
Theoretical Best
Specialty Retail
$417.7K
$365.5K – $487.3K
NOI $29,240 @ 7.0% cap · market cap 10.45%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
333
Businesses Nearby
Explore this area
Business Placement
Demographics for 17350, PA
13,391
Population
5,600
Households
2.4
Avg Household Size
44
Median Age
21%
College-Educated
87%
High-School Grad
44.3 sq mi
ZIP Area
302
Density / Sq Mi
$78,976
Median Household Income
$41,797
Median Earnings
$1,237
Median Rent
$234,600
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Separate upper-level rooms and a rear garage studio provide additional space for business operations.
Where is this mixed-use property located?
The property is located at 11 LINCOLN WAY E New Oxford, PA.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: Mixed‑use zoning in downtown New Oxford Borough; 2,268 square feet; built in 1850 and renovated in 2017; First floor has 3 business rooms, kitchen and dining area, half bath, full bath, and laundry hookups
