Office Condominium Complex with Raised Floor
For Sale
Contact for pricing
1600 6th Ave, York, PA 17403
Sixth Avenue Professional Center offers secure entrances, common area restrooms, and a patient drop-off area for office use.
Property Size6,871 SF
Price / SF$139.35
Days on Market101
Property Features for 1600 6th Ave
General Information
Standard status
Active
Size
6,871 SF
Property subtype
OFFICE
Amenities
raised floor system
patient drop-off area
secure entrances
common area restrooms
family waiting areas
Listing Agency:
Rock Commercial Real Estate
(717) 854-5357
Listed By:
David L. Bode · License #RM423009
(717) 854-8367
Source:
Moodyscre
Added: Jul 27
Changed: Oct 26
Last Checked: Nov 3 at 9:34AM
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
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Investment Insights
Based on property information with market context.
Sixth Avenue Professional Center is an office condominium complex designed for professional and medical office use. The building features a raised floor system, secure entrances, and patient drop-off capability. Common area restrooms and family waiting areas support day-to-day visits.
The property is located at 1600 6th Ave in York, PA 17403.
The property is located at 1600 6th Ave in York, PA 17403.
Key Highlights
- Raised floor system for office buildouts
- Secure entrances
- Patient drop‑off area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,092
Cap Rate
3.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$681,840
$681.8K
Cap Rate 7%
$487,029
$487.0K
Cap Rate 9%
$378,800
$378.8K
Market Conditions
NOI Build-Up for 6,871 SF
Gross rent
$60.2K $8.76/SF
− Vacancy
−$3.4K −$0.49/SF
EGI
$56.8K $8.27/SF
− OpEx
−$22.7K −$3.31/SF
NOI
$34.1K $4.96/SF
Area
York County, PA
Vacancy
5.60%
Lease Rate
$8.76 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$681,840
Cap Rate 7%
$487,029
Cap Rate 9%
$378,800
Alternative Uses
Best Use
Office B
$1.56M
$1.37M – $1.83M
NOI $109,544 @ 7.0% cap · market cap 11.44%
Second Best
Healthcare Medical
$487.0K
$426.2K – $568.2K
NOI $34,092 @ 7.0% cap · market cap 3.56%
Theoretical Best
Office A
$1.99M
$1.74M – $2.32M
NOI $139,258 @ 7.0% cap · market cap 14.54%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,001
Businesses Nearby
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Business Placement
Demographics for 17403, PA
40,344
Population
16,490
Households
2.4
Avg Household Size
37
Median Age
32%
College-Educated
89%
High-School Grad
20.6 sq mi
ZIP Area
1,958
Density / Sq Mi
$72,233
Median Household Income
$38,105
Median Earnings
$1,072
Median Rent
$206,900
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Sixth Avenue Professional Center offers secure entrances, common area restrooms, and a patient drop-off area for office use.
Where is this office unit located?
The property is located at 1600 6th Ave York, PA.
What is the asking price?
The asking price for this property is $957,500.
What are key features of this property?
This property features: Raised floor system for office buildouts; Secure entrances; Patient drop‑off area
