Retail Storefront
1717 W Main St, Ephrata, PA 17522
For Sale
$9,850,000
Retail building positioned at a signalized intersection along an established business corridor.
Property Size38,000 SF
Price / SF$259.21
Days on Market85
Property Features for 1717 W Main St
General Information
Standard status
Size
Property Condition
Severity
Evidence
Building Details
Year Built
Listing Agency:
U.S. Commercial Realty
Listed By:
Dwight E Wagner, Michael D. Wagner
Source:
Tbhteam
Added: Aug 16
Changed: Oct 25
Last Checked: Oct 7 at 5:47PM
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 U.S. Commercial Realty
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Investment Insights
Based on property information with market context.
The property includes an approximately 38,000-square-foot retail building that remains following recent fire demolition. Constructed in 1983, the building sits across two parcels associated with Ephrata and Clay Townships.
The site is at 1717 W Main St in Ephrata, Pennsylvania, near Reading Road (Route 272) and the Pennsylvania Turnpike (Route 76). Its signalized intersection setting places the property along a major business corridor in the Ephrata metro area.
The site is at 1717 W Main St in Ephrata, Pennsylvania, near Reading Road (Route 272) and the Pennsylvania Turnpike (Route 76). Its signalized intersection setting places the property along a major business corridor in the Ephrata metro area.
Key Highlights
- Approximately 38,000 SF retail building remains after recent fire demolition
- Signalized intersection along a major business corridor
- Two parcels spanning Ephrata and Clay Townships
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$447,199
Cap Rate
4.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,943,980
$8.9M
Cap Rate 7%
$6,388,557
$6.4M
Cap Rate 9%
$4,968,878
$5.0M
Market Conditions
NOI Build-Up for 38,000 SF
Gross rent
$684.0K $18.00/SF
− Vacancy
−$45.1K −$1.19/SF
EGI
$638.9K $16.81/SF
− OpEx
−$191.7K −$5.04/SF
NOI
$447.2K $11.77/SF
Area
Lancaster County, PA
Vacancy
6.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,943,980
Cap Rate 7%
$6,388,557
Cap Rate 9%
$4,968,878
Alternative Uses
Best Use
Retail
$6.39M
$5.59M – $7.45M
NOI $447,199 @ 7.0% cap · market cap 4.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$12.73M
$11.14M – $14.86M
NOI $891,382 @ 7.0% cap · market cap 9.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
288
Businesses Nearby
26k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 73%
Home Improvements & Furnishings 27%
Turkey Hill Minit Market
Shops & Services
18,469 visits/mo
0.4 miles
Key-Aid Ace Hardware
Home Improvements & Furnishings
7,102 visits/mo
0.3 miles
Safelite AutoGlass
Shops & Services
374 visits/mo
0.2 miles
Demographics for 17522, PA
33,848
Population
13,837
Households
2.4
Avg Household Size
40
Median Age
24%
College-Educated
86%
High-School Grad
43.0 sq mi
ZIP Area
787
Density / Sq Mi
$71,865
Median Household Income
$42,588
Median Earnings
$1,171
Median Rent
$263,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Storefront properties in Lancaster County, PA
Properties on Market for Storefront properties in Lancaster County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Storefront property - Retail building positioned at a signalized intersection along an established business corridor.
Where is this storefront property located?
The property is located at 1717 W Main St Ephrata, PA.
What is the asking price?
The asking price for this property is $9,850,000.
What are key features of this property?
This property features: Approximately 38,000 SF retail building remains after recent fire demolition; Signalized intersection along a major business corridor; Two parcels spanning Ephrata and Clay Townships
