1508 E Market St, York, PA
Office building with commercial and residential potential near I-83.
- Added:
- Aug 25, 2025
- Days on Market:
- 294
- Last Refresh:
- May 20 at 9:47 pm
Property Features for 1508 E Market St
General Information
- Standard status
- Active
- Size
- 2,168 SF
- Lot size
- 0.24 Acres
- Property subtype
- OFFICE
Listing agent Patten Mills License #RS352792
Listing office Rock Commercial Real Estate (717) 854-5357
Listing date Aug 25, 2025
Source Moodyscre
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 Rock Commercial Real Estate
HighLights
- Apartment‑Office zoning allows for flexible commercial or residential use.
- Highly visible signage opportunity on East Market Street.
- Convenient location with easy access to I‑83 and US 30.
- Well‑maintained property featuring modern updates.
- Charming architectural details, including stained glass windows.
- Located a couple blocks from I‑83 and less than 1 mile from US 30.
Overview
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 | $47.6k | $21.96 |
| − Vacancy | −$1.5k | −$0.70 |
| EGI | $46.1k | $21.26 |
| − OpEx | −$11.5k | −$5.31 |
| NOI | $34.6k | $15.94 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- York
- County
- York
- State
- Pennsylvania
- Longitude
- -76.6982
- Latitude
- 39.9723