Mixed-Use Property in Downtown
22 S 3rd St Columbia, PA
For Sale
Contact for pricing
Versatile investment opportunity with retail and residential units in Pennsylvania.
Property Size4,280 SF
Lot Size0.10 Acres
Price / SF$122.66
Days on Market341
Property Features for 22 S 3rd St
General Information
Standard status
Active
Size
4,280 SF
Lot size
0.10 Acres
Property subtype
RETAIL
Listing Agency:
Bennett Williams Commercial - Lancaster
(717) 843-5555
Listed By:
Tom Troccoli · License #RS365967
Source:
Moodyscre
Added: Aug 22, 2025
Changed: Jul 6
Last Checked: Jul 21 at 6:52AM
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 - Lancaster
Investment Insights
Based on property information with market context.
Located in downtown Columbia, Pennsylvania, this mixed-use property offers a combination of commercial and residential spaces. The property includes one retail commercial unit and three residential apartments. The commercial space is currently owner-occupied and operated as a cigar lounge. The property provides income potential for investors and entrepreneurs. The total property size is 4,280 square feet.
Key Highlights
- Prime downtown Columbia, PA location
- Mix of income potential from commercial and residential units
- Includes one retail commercial unit
Financial Insights For Apartment 5plus
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 | $77.0k | $18.00 |
| − Vacancy | −$385 | −$0.09 |
| EGI | $76.7k | $17.91 |
| − OpEx | −$34.5k | −$8.06 |
| NOI | $42.2k | $9.85 |
4,280 SF · lease $18.00/SF/yr · vacancy 0.50% · expense 45.00%
Alternative Uses
Best Use
Mixed Use
$759.4K
$664.5K – $886.0K
NOI $53,158 @ 7.0% cap · market cap 10.13%
Second Best
Retail
$719.6K
$629.6K – $839.5K
NOI $50,369 @ 7.0% cap · market cap 9.59%
Theoretical Best
Office A
$1.43M
$1.25M – $1.67M
NOI $100,398 @ 7.0% cap · market cap 19.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mixed-use property - Versatile investment opportunity with retail and residential units in Pennsylvania.
Where is this mixed-use property located?
The property is located at 22 S 3rd St Columbia, PA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Prime downtown Columbia, PA location; Mix of income potential from commercial and residential units; Includes one retail commercial unit
