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    1950 Old Philadelphia Pike Lancaster, PA 17602

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    For Lease
    $1,500,000

    Prime retail property with high visibility and drive-through.

    Property size:
    2,000 SF
    Lot size:
    0.66 Acres

    Property Features for 1950 Old Philadelphia Pike

    General Information

    Size
    2,000 SF
    Lot size
    0.66 Acres

    Source: Landmark Commercial Realty Agent Sean Fitzsimmons

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lancaster Retail with Drive-Thru

    Located on Old Philadelphia Pike in Lancaster, PA, this property offers a 2,000+/- square foot building with a two-lane drive-through. The location benefits from high visibility, with an average vehicle per day (VPD) count of 19,165+/-. Situated directly off US Highway Rt 30, the property is centrally located with close proximity to major retailers. The Neighborhood Commercial zoning allows for multiple uses such as financial institution, restaurant, daycare, medical or Dental Office, Retail Sales, or office use. Formerly a Truist Bank, this property is available for sale or lease and is suitable for banking or restaurant use.
    Insight Report Location Intelligence

    Current Use by Public Records

    BB&T - ATM Atm

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Lancaster
    State
    Pennsylvania
    Longitude
    -76.247822
    Latitude
    40.04011

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    FAQs

    What type of property is this?
    Bank - Prime retail property with high visibility and drive-through.
    Where is this bank located?
    The property is located at 1950 Old Philadelphia Pike Lancaster, PA.
    What are key features of this property?
    This property features: - High traffic location: 19,165+\/- VPD on Old Philadelphia Pike.; - Directly off US Highway Rt 30: Offers excellent accessibility and exposure.; - **2,000+\/- sq ft building with a two-lane drive-through:** Suitable for various businesses.
    (717) 421-6031
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    1950 Old Philadelphia Pike Lancaster, PA 17602
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    Lancaster, PA 17602
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    1950 Old Philadelphia Pike Lancaster, PA 17602
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