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Masonry Storefront with Open Layout
For Sale
$530,000

2801 E LINCOLN HWY E, Gordonville, PA 17529

Village Commercial-zoned retail building at a signalized intersection with an adaptable interior and on-site parking.

Property Size2,500 SF
Lot Size0.61 Acres
Price / SF$212
Days on Market87

Property Features for 2801 E LINCOLN HWY E

General Information

Standard status Active
Size 2,500 SF
Lot size 0.61 Acres
Zoning Village Commercial

Additional Details

Utilities to Site Yes

Building Details

Year Built 1973
Buildings 1
Construction masonry block
Listing Agency: Davison Associates LLC
Listed By: Brian P Davison · License #PA RB069617
Source: Opal-realestate
Added: Jul 21 Changed: Oct 7 Last Checked: Oct 12 at 8:30PM

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 Davison Associates LLC

Investment Insights

Based on property information with market context.

This 2,500-square-foot storefront occupies a .61-acre parcel and offers an open interior configuration suited to a range of retail applications. Masonry block construction dates to 1973, while the building’s existing systems include forced-air heat fueled by propane, a private well, and public sewer service. On-site parking is provided for the building.

The property fronts Route 30 at a signalized intersection with reported daily traffic of over 20,000 vehicles. It is located in East Lampeter Township and carries Village Commercial zoning. The existing layout provides a straightforward starting point for an owner seeking to adapt the building to its operational requirements.

Key Highlights

  • 2,500 square foot storefront on a .61‑acre parcel
  • Signalized Route 30 intersection with daily traffic of over 20,000 vehicles
  • Village Commercial zoning in East Lampeter Township

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,421
Cap Rate
5.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$588,420 $588.4K
Cap Rate 7%
$420,300 $420.3K
Cap Rate 9%
$326,900 $326.9K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$45.0K $18.00/SF
− Vacancy
−$3.0K −$1.19/SF
EGI
$42.0K $16.81/SF
− OpEx
−$12.6K −$5.04/SF
NOI
$29.4K $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%
$588,420
Cap Rate 7%
$420,300
Cap Rate 9%
$326,900

Alternative Uses

Best Use
Retail
$420.3K
$367.8K – $490.4K (±1% cap)
NOI $29,421 @ 7.0% cap · market cap 5.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$837.8K
$733.1K – $977.4K (±1% cap)
NOI $58,644 @ 7.0% cap · market cap 11.06%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Bakery Garden Center Carpet & Flooring Store Butcher Real Estate Agency Computer & Electronic Repair

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

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

84
Businesses Nearby
2k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 100%
Sleep Inn & Suites Hotels & Casinos
1,216 visits/mo 0.2 miles
Motel 6 Hotels & Casinos
385 visits/mo 0.3 miles

Demographics for 17529, PA

4,472
Population
1,501
Households
3
Avg Household Size
32
Median Age
15%
College-Educated
55%
High-School Grad
14.7 sq mi
ZIP Area
304
Density / Sq Mi
$72,679
Median Household Income
$36,510
Median Earnings
$1,162
Median Rent
$351,000
Median Home Value

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
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Village Commercial-zoned retail building at a signalized intersection with an adaptable interior and on-site parking.
Where is this storefront property located?
The property is located at 2801 E LINCOLN HWY E Gordonville, PA.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: 2,500 square foot storefront on a .61‑acre parcel; Signalized Route 30 intersection with daily traffic of over 20,000 vehicles; Village Commercial zoning in East Lampeter Township
More about this property
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