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Medical Office Building For Sale

640 E OREGON ROAD Lititz, PA 17543

640 E OREGON ROAD, Lititz, PA, 17543
$2,100,000
For Sale
Claim this Listing
$2,100,000

Medical office building with suites available for sale or lease.

Property Size7,501 SF
Price / SF$279.96
AddedApr 11, 2025
Days on Market461
Last RefreshMay 28 at 1:04 pm

Property Features for 640 E OREGON ROAD

General Information

Standard status
Active
Size
7,501 SF
Property subtype
Commercial/Industrial

Building Details

Year Built
1978

Listing office Bennett Williams Realty, Inc.

Listing date Apr 11, 2025

Source Exitrealty

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 Realty, Inc.


Investment Insights

Based on property information with market context.

This property features a 7,501 square foot medical office building located in Manheim Township. The building can be divided into three suites of 3,120, 2,800, and 1,581 square feet, each with separate entrances. Approximately 45 parking spaces are available on site. The property offers convenient access to Routes 501, 272, and 222, and is located 10 minutes from Route 30 via Route 222. Heavy power is available, suitable for imaging and other medical equipment. The property is available for sale or lease.

Key Highlights

  • 7,501 sf medical office space for sale or lease in Manheim Township.
  • Divisible into three suites with separate entrances (3,120 sf, 2,800 sf, and 1,581 sf).
  • Easy access to Routes 501, 272, and 222.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $192.6k $25.68
− Vacancy −$27.0k −$3.61
EGI $165.6k $22.07
− OpEx −$41.4k −$5.52
NOI $124.2k $16.56
7,501 SF · lease $25.68/SF/yr · vacancy 14.04% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.77M
$1.55M – $2.07M (±1% cap)
NOI $124,186 @ 7.0% cap · market cap 5.91%
Second Best
Healthcare Medical
$1.56M
$1.37M – $1.82M (±1% cap)
NOI $109,461 @ 7.0% cap · market cap 5.21%
Theoretical Best
Office A
$2.51M
$2.20M – $2.93M (±1% cap)
NOI $175,954 @ 7.0% cap · market cap 8.38%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Medical Office Space

Suggested Use

Real Estate Agency Dental Office Law Firm Restaurant Building Supply Auto Repair Shop Hair Salon Big Box & Wholesale Store Parking Lot & Garage Nail Salon

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

FAQs

What type of property is this?
Medical Office Space - Medical office building with suites available for sale or lease.
Where is this medical office space located?
The property is located at 640 E OREGON ROAD Lititz, PA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 7,501 sf medical office space for sale or lease in Manheim Township.; Divisible into three suites with separate entrances (3,120 sf, 2,800 sf, and 1,581 sf).; Easy access to Routes 501, 272, and 222.
Contact an agent
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