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Leased Office Building
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3020 Columbia Ave, Lancaster, PA 17603

Established office property with a long-term lease and substantial on-site parking in Lancaster County.

Property Size39,610 SF
Lot Size2.68 Acres
Price / SF$151.48
Days on Market812

Property Features for 3020 Columbia Ave

General Information

Standard status Active
Size 39,610 SF
Total Parking Spaces 145
Lot size 2.68 Acres
Property subtype OFFICE
Net Operating Income $652,868

Building Details

Tenancy Single
Listing Agency: Bennett Williams Commercial - York
Listed By: Michael Sheaffer · License #AB062271L
Source: Moodyscre
Added: Jul 26, 2024 Changed: Oct 8 Last Checked: Oct 12 at 10:21PM

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 Commercial - York

Investment Insights

Based on property information with market context.

This office building contains 39,610 square feet on a 2.68-acre site and is offered as a leased office investment property. The existing lease extends through December 1, 2030, or three years from the date of sale, with potential for a longer term. Annual CPI escalations are in place, and the property includes 145 parking spaces.

Located at 3020 Columbia Ave in Lancaster, the property is positioned within the Centerville area of Lancaster County. The surrounding corridor has experienced recent roadway and infrastructure improvements and includes commercial, industrial, and residential development. The property is offered for sale, with owner financing potentially available.

Key Highlights

  • 39,610 SF office building on 2.68 acres
  • Existing lease extends through December 1, 2030, or 3 years from date of sale
  • Annual CPI escalations in place

Property Analytics

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Current Use

RETTEW Environmental Consultant Agreeable Portable Toilet ... Building Supply Agreeable Portable Toilets ... Building Supply Enviroscan Engineer

Suggested Use

Top Pick Law Firm Dental Office HVAC Service Electrical Service Hair Salon Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

360
Businesses Nearby

Demographics for 17603, PA

66,739
Population
28,142
Households
2.4
Avg Household Size
37
Median Age
37%
College-Educated
90%
High-School Grad
30.0 sq mi
ZIP Area
2,225
Density / Sq Mi
$77,156
Median Household Income
$40,043
Median Earnings
$1,265
Median Rent
$244,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Established office property with a long-term lease and substantial on-site parking in Lancaster County.
Where is this office building located?
The property is located at 3020 Columbia Ave Lancaster, PA.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: 39,610 SF office building on 2.68 acres; Existing lease extends through December 1, 2030, or 3 years from date of sale; Annual CPI escalations in place
(717) 587-2712 Call to check price and availability
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