Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    250 N 7Th St Columbia, PA 17512

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $850,000

    1.08 acres with 4,400+/- SF building in Columbia Borough.

    Building Details

    Year built
    1978

    We can help!

    Listing Contact
    Althea Ramsay Carrigan
    Source: Highassociates

    Listing Agency: High Associates Ltd. Listing Agent: Althea Ramsay Carrigan

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

    Learn more

    Overview

    Columbia Borough Acreage with Building

    Located in Columbia Borough, this property features 1.08 acres zoned INSR. The site includes a building with 4,400+/- square feet under roof, offering flexible indoor spaces. A large yard includes a shed and pavilion. Parking is abundant, with a large private parking lot, two areas of linear parking, and on-street parking available. The property also features a four-season room suitable for events and large gatherings. A fully equipped kitchen with equipment is present, and a security system and furnishings are negotiable. The property is located on North 7th Street.
    Location Intelligence

    Current Use by Public Records

    Specialty properties

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbia
    County
    Lancaster
    State
    Pennsylvania
    Longitude
    -76.499745
    Latitude
    40.0385371

    Nearby Similar for Sale

    • $649,900
      0.06 Acres

      Historic Mixed-Use Commercial Building

      Unique property blending historic charm with modern convenience.
      22 S 2Nd St, Columbia, PA 17512
      View Details
    • $765,000
      5,211 SF

      Downtown Columbia Mixed-Use Investment

      Mixed-use property with residential units and storefront in Columbia, PA.
      431 Locust St, Columbia, PA 17512
      View Details
    • $765,000
      0.06 Acres

      Downtown Columbia Mixed-Use Investment

      Mixed-use property with residential units and storefront in downtown Columbia.
      431 Locust St, Columbia, PA 17512
      View Details
    • $365,000
      0.02 Acres

      Columbia PA Multi-Family Colonial

      Multi-family colonial property for sale in Columbia, Pennsylvania.
      30 S 4Th St, Columbia, PA 17512
      View Details
    • $210,000
      852 SF

      Columbia, PA Multifamily Property

      Multifamily property in Columbia, PA, featuring 852 square feet.
      26 S 4Th St, Columbia, PA 17512
      View Details
    • $699,000
      7,702 SF

      Adaptive Re-Use Project Opportunity

      Two buildings with courtyard, ideal for creative revitalization project.
      20 N 2Nd St, Columbia, PA 17512
      View Details
    • $599,000
      5,000 SF

      Historic Building Awaiting Renovation

      Circa 1900 building ideal for adaptive reuse project.
      28 North 2Nd St, Columbia, PA 17512
      View Details
    • Contact for pricing
      4,280 SF

      Mixed-Use Property in Downtown Columbia

      Versatile investment opportunity with retail and residential units in Pennsylvania.
      22 S 3Rd St, Columbia, PA 17512
      View Details
    • $1,975,000
      6.03 Acres

      Columbia Agricultural Land & Warehouse

      6-Acre Farm with New 8,000 SF Warehouse
      4324 Marietta Ave, Columbia, PA 17512
      View Details
    • Contact for pricing
      0.19 Acres

      Columbia Commercial Space - Locust Street

      Customize your ideal 1st floor commercial space.
      234 Locust St, Columbia, PA 17512
      View Details
    • Contact for pricing
      0.54 Acres

      High-Visibility Retail Space, Columbia PA

      Prime US-30 location, high traffic, lease only.
      445 Linden St, Columbia, PA 17512
      View Details
    • $795,000
      3.30 Acres

      Columbia Ave Commercial Land

      3.3 Acres, C-1 Zoning, Development Ready
      1780 Columbia Ave, Columbia, PA 17512
      View Details

    FAQs

    What type of property is this?
    Specialty property - 1.08 acres with 4,400+/- SF building in Columbia Borough.
    Where is this specialty property located?
    The property is located at 250 N 7Th St Columbia, PA.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: - 1.08 Acres zoned INSR offering amazing potential for many uses.; - 4,400+\/- SF under roof with great indoor flexible spaces.; - Large private parking lot plus two areas of linear parking and on-street parking.
    (717) 669-8861
    Request Owner's contact information
    250 N 7Th St Columbia, PA 17512
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    250 N 7Th St
    Columbia, PA 17512
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    250 N 7Th St Columbia, PA 17512
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Althea Ramsay Carrigan
    (717) 669-8861 (717) 291-2284 (717) 293-4477
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!