Two-Unit Retail
New
For Sale
Contact for pricing
2131 S Queen St, York, PA 17403
Zoning allows retail, office, and restaurant uses, with access from both directions of S. Queen Street.
Property Size3,000 SF
Price / SF$283.33
Days on Market5
Property Features for 2131 S Queen St
General Information
Standard status
Active
Size
3,000 SF
Total Parking Spaces
21
Property subtype
RETAIL
Occupancy
100%
Site & Location
Pylon Signage
Yes
Highway Access
Yes
Road Access
Yes
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
Bennett Williams Commercial - York
(717) 843-5555
Listed By:
Blake Gross · License #RS213433L
(717) 817-3385
Source:
Moodyscre
Added: Oct 12
Changed: Oct 15
Last Checked: Oct 15 at 2:12AM
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
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Investment Insights
Based on property information with market context.
This 3,000-square-foot retail building in York, Pennsylvania, is configured as two units. One space measures 1,850 square feet, and the other totals 1,150 square feet. Safe & Sweet Keto Bakery leases the 1,150-square-foot unit. The 1,850-square-foot unit has a lease running through May 2027. Zoning allows retail, office, and restaurant uses.
The property is on S. Queen Street (Route 74), at Interstate 83, with access from both directions of S. Queen Street. On-site parking includes 21 spaces, and each tenant has a pylon sign.
The property is on S. Queen Street (Route 74), at Interstate 83, with access from both directions of S. Queen Street. On-site parking includes 21 spaces, and each tenant has a pylon sign.
Key Highlights
- 3,000‑square‑foot retail building divided into two units
- 1,850‑square‑foot unit has a lease through May 2027
- Safe & Sweet Keto Bakery leases the 1,150‑square‑foot unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,797
Cap Rate
4.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$715,940
$715.9K
Cap Rate 7%
$511,386
$511.4K
Cap Rate 9%
$397,744
$397.7K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$54.0K $18.00/SF
− Vacancy
−$2.9K −$0.95/SF
EGI
$51.1K $17.05/SF
− OpEx
−$15.3K −$5.11/SF
NOI
$35.8K $11.93/SF
Area
York County, PA
Vacancy
5.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$715,940
Cap Rate 7%
$511,386
Cap Rate 9%
$397,744
Alternative Uses
Best Use
Retail
$511.4K
$447.5K – $596.6K
NOI $35,797 @ 7.0% cap · market cap 4.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$868.6K
$760.0K – $1.01M
NOI $60,802 @ 7.0% cap · market cap 7.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,029
Businesses Nearby
376k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 50%
Shops & Services 29%
Groceries 18%
Hotels & Casinos 1%
Giant Food Store
Groceries
47,480 visits/mo
0.4 miles
McDonald's
Dining
31,694 visits/mo
0.3 miles
Cracker Barrel Old Country Store
Dining
21,397 visits/mo
0.3 miles
Five Below
Shops & Services
20,849 visits/mo
0.5 miles
Dollar Tree
Shops & Services
20,250 visits/mo
0.1 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Zoning allows retail, office, and restaurant uses, with access from both directions of S. Queen Street.
Where is this retail space located?
The property is located at 2131 S Queen St York, PA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 3,000‑square‑foot retail building divided into two units; 1,850‑square‑foot unit has a lease through May 2027; Safe & Sweet Keto Bakery leases the 1,150‑square‑foot unit
