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    Versatile Retail/Office Storefront Title is generated by Realmo AI

    1120 ROOSEVELT Avenue, York, PA 17404

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    New
    For Sale
    $80,000

    Commercial Sale - YORK, PA

    Type:Retail
    Lot size:
    0.04 Acres
    Added:
    Jun 2, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 2 at 3:06 pm

    Property Features for 1120 ROOSEVELT Avenue

    General Information

    Property type
    Other
    Property subtype
    Retail
    Parking
    50
    Parking features
    Parking Lot
    Standard status
    Active
    Lot size
    0.04 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1364

    Utilities

    Heating system
    Ceiling
    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1956
    Building materials
    Brick

    We can help!

    Listing Contact
    Jennifer Elizabeth Hensel
    Jennifer Elizabeth Hensel

    Listing agent Jennifer Elizabeth Hensel License #RS365794

    Listing office Iron Valley Real Estate of York County 2641 Carnegie Road, York, PA

    Listing date Jun 2, 2026

    MLS# PAYK2104608

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Brick commercial building built in 1956
    • Former barber shop; suited for retail, office, salon, barber shop, or boutique use (subject to zoning approval)
    • Heating includes ceiling heat
    • Cooling includes window unit(s)
    • Parking available in a parking lot

    Overview

    This affordable storefront property was formerly used as a barber shop and offers a flexible interior for a variety of small business concepts. The space is well-suited to consider for retail, office, or personal-service styles such as a salon or barbershop, subject to zoning approval. The seller is willing to have the property cleaned out before settlement at the buyer’s request, helping streamline the transition to a new operator.

    Located at 1120 Roosevelt Avenue in York, PA, the property is positioned for straightforward commercial use within the local market. Its small footprint can be advantageous for tenants seeking a manageable, storefront-style setup rather than a larger facility.

    For buyers or operators, this is a practical opportunity to acquire a ready-to-repurpose commercial building with multiple potential directions. Whether you’re envisioning a boutique retail presence, a professional office, or a service-focused business, the property’s former layout and storefront nature can support a quick start after tenant and zoning considerations are confirmed.
    Property Profile Location Intelligence

    Current Use by Public Records

    Pennsylvania Department of Transportation ... Department Of Transportation William Penn Insurance, ... Insurance Agency Goodwill Store & Donation ... Charitable Organization Snow White Laundromat (Bike/Boat/Book/etc) Store LibertyX Bitcoin ATM Atm

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    • stephenson's flowers — 805 Loucks Rd, York, PA 17404

    Location Insight

    • Map
    • Local Demand
    City
    York
    County
    York
    State
    Pennsylvania
    Longitude
    -76.7543085
    Latitude
    39.9726186

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    FAQs

    What type of property is this?
    Storefront property - Former barber shop space suited for small retail or office use, with seller-offered cleanup prior to settlement.
    Where is this storefront property located?
    The property is located at 1120 ROOSEVELT Avenue York, PA.
    What is the asking price?
    The asking price for this property is $80,000.
    What are key features of this property?
    This property features: Brick commercial building built in 1956; Former barber shop; suited for retail, office, salon, barber shop, or boutique use (subject to zoning approval); Heating includes ceiling heat
    (717) 309-0138
    We can help!
    Listing Contact
    Jennifer Elizabeth Hensel
    Jennifer Elizabeth Hensel
    Real Estate License ID: RS365794
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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