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Signalized Intersection Retail Site
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2 MAIN STREET E, Ephrata, PA 17522

Well-fit out retail space located at a signalized intersection.

Property Size1,922 SF
Price / SF$0.01
Days on Market103

Property Features for 2 MAIN STREET E

General Information

Standard status Active
Size 1,922 SF
Property subtype Commercial

Building Details

Year Built 1900
Listing Agency: Bennett Williams Inc.
Listed By: Thomas Edward Ciccarone Jr. · License #RS324250
Source: Cummingsrealtors
Added: Jul 15 Changed: Oct 25 Last Checked: Oct 24 at 6:25PM

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 Inc.

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Investment Insights

Based on property information with market context.

This well-fit out retail site is positioned for strong street-level retail visibility at a signalized intersection. The property is being offered for sale.

The asset is located at 2 Main Street E in Ephrata, Pennsylvania, providing convenient access associated with the signal-controlled corner.

While specific unit layout details are not provided, the property is described as a retail site and is presented as ready-to-operate based on its fit-out condition.

Key Highlights

  • Year built: 1900
  • Well‑fit out retail site
  • Located at a signalized intersection

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,619
Suggested Prices Based on Cap Rates
Cap Rate 5%
$452,380 $452.4K
Cap Rate 7%
$323,129 $323.1K
Cap Rate 9%
$251,322 $251.3K
Market Conditions
NOI Build-Up for 1,922 SF
Gross rent
$34.6K $18.00/SF
− Vacancy
−$2.3K −$1.19/SF
EGI
$32.3K $16.81/SF
− OpEx
−$9.7K −$5.04/SF
NOI
$22.6K $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%
$452,380
Cap Rate 7%
$323,129
Cap Rate 9%
$251,322

Alternative Uses

Best Use
Retail
$323.1K
$282.7K – $377.0K (±1% cap)
NOI $22,619 @ 7.0% cap · market cap 133,052.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$644.1K
$563.6K – $751.4K (±1% cap)
NOI $45,085 @ 7.0% cap · market cap 265,205.88%
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

Regina Horning, Pharm Pharmacy William T. Sherman, ... Pharmacy Maier Frederick J Pharmacy Metro by T-Mobile Mobile Phone Store Donald A. Sherman, R Pharmacy

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Garden Center Bakery Carpet & Flooring Store Locksmith

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

Location Intelligence

Trade Area within ½ mile

1,102
Businesses Nearby
16k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 65% Hotels & Casinos 18% Shops & Services 17%
Applebee's Dining
10,542 visits/mo 0.3 miles
Hampton Inn and Suites Ephrata-Mountain Springs Hotels & Casinos
2,924 visits/mo 0.4 miles
Ephrata National Bank Shops & Services
2,683 visits/mo 0.1 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
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Well-fit out retail space located at a signalized intersection.
Where is this retail space located?
The property is located at 2 MAIN STREET E Ephrata, PA.
What are key features of this property?
This property features: Year built: 1900; Well‑fit out retail site; Located at a signalized intersection
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