Service Station with Two-Bay
2618 Lititz Pike Lancaster, PA 17601
2618 Lititz Pike, Lancaster, PA, 17601
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For Sale
Contact for pricing
Service station with gas pumps plus a two-bay garage with office and storage on Lititz Pike/Route 501.
Property Size1,652 SF
Price / SF$420.70
Days on Market108
Property Features for 2618 Lititz Pike
General Information
- Standard status
- Active
- Size
- 1,652 SF
- Property subtype
- Retail
Listing agency
Bennett Williams Commercial Lancaster
(717) 843-5555
Listed by
Jeff Herr · License #PA RS191756L
Source
Crexi
Added: Apr 6 Updated: Jul 20 at 7:40PM Checked: Jul 22 at 6:29AM
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.
This for-sale service station includes gas pumps and a 1,652 two-bay garage with an office and storage room. The property is offered with an existing automotive inspection/repair business option for purchase.
The retail site is located on Lititz Pike/Route 501, where it is marketed as receiving approximately 22,000 vehicles per day.
The improvements are configured to support automotive service activities, combining fuel dispensing with enclosed garage space and back-of-house storage, along with an on-site office.
The retail site is located on Lititz Pike/Route 501, where it is marketed as receiving approximately 22,000 vehicles per day.
The improvements are configured to support automotive service activities, combining fuel dispensing with enclosed garage space and back-of-house storage, along with an on-site office.
Key Highlights
- Service station with gas pumps for sale in Manheim Township
- 1,652 SF two‑bay garage with office and storage room
- Prime retail location on Lititz Pike/Route 501 (22,000 vpd)
Local Financial Insights For Specialty Retail
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 | $43.0k | $26.04 |
| − Vacancy | −$2.8k | −$1.72 |
| EGI | $40.2k | $24.32 |
| − OpEx | −$10.0k | −$6.08 |
| NOI | $30.1k | $18.24 |
1,652 SF · lease $26.04/SF/yr · vacancy 6.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$430.5K
$376.7K – $502.2K
NOI $30,134 @ 7.0% cap · market cap 4.34%
Second Best
Retail
$277.7K
$243.0K – $324.0K
NOI $19,441 @ 7.0% cap · market cap 2.80%
Theoretical Best
Office A
$553.6K
$484.4K – $645.9K
NOI $38,752 @ 7.0% cap · market cap 5.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Barry's Automotive Repair
Auto Repair Shop
U-Haul Neighborhood Dealer
Car Rental Facility
Similar For Sale Nearby
FAQs
What type of property is this?
Gas station - Service station with gas pumps plus a two-bay garage with office and storage on Lititz Pike/Route 501.
Where is this gas station located?
The property is located at 2618 Lititz Pike Lancaster, PA.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Service station with gas pumps for sale in Manheim Township; 1,652 SF two‑bay garage with office and storage room; Prime retail location on Lititz Pike/Route 501 (22,000 vpd)
