Renovated Office Building with
For Sale
Contact for pricing
2870 Eastern Blvd, York, PA 17402
Fully renovated office property with two floors, a finished lower level, elevator access, and on-site parking.
Property Size19,800 SF
Lot Size1.42 Acres
Price / SF$221.46
Days on Market347
Property Features for 2870 Eastern Blvd
General Information
Standard status
Active
Size
19,800 SF
Class
Class A
Total Parking Spaces
89
Elevators
Yes
Lot size
1.42 Acres
Property subtype
OFFICE
Additional Details
Highway Access
Yes
Building Details
Year Built
1972
Year Renovated
2025
Buildings
1
Stories
3
Building Size
19,800 SF
Listing Agency:
Rock Commercial Real Estate
(717) 854-5357
Listed By:
David L. Bode · License #RM423009
(717) 854-8367
Source:
Moodyscre
Added: Nov 4, 2025
Changed: Oct 6
Last Checked: Oct 16 at 8:38AM
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 Rock Commercial Real Estate
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Investment Insights
Based on property information with market context.
This office building offers 19,800 square feet across two floors, plus a finished lower level connected by elevator. Originally constructed in 1972, the property underwent a full renovation in August 2025. The building sits on 1.42 acres and includes on-site parking for 89 vehicles.
Positioned at the corner of Eastern Boulevard and Cortleigh Drive in York, the property provides access to I-83, Route 30, Route 462, and Route 24. Its multi-level configuration and updated interior support a range of professional office layouts.
Positioned at the corner of Eastern Boulevard and Cortleigh Drive in York, the property provides access to I-83, Route 30, Route 462, and Route 24. Its multi-level configuration and updated interior support a range of professional office layouts.
Key Highlights
- 19,800 square feet across two floors plus a finished lower level
- Elevator access connects the building’s levels
- Fully renovated in August 2025; originally built in 1972
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$315,671
Cap Rate
7.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,313,420
$6.3M
Cap Rate 7%
$4,509,586
$4.5M
Cap Rate 9%
$3,507,456
$3.5M
Market Conditions
NOI Build-Up for 19,800 SF
Gross rent
$434.8K $21.96/SF
− Vacancy
−$13.9K −$0.70/SF
EGI
$420.9K $21.26/SF
− OpEx
−$105.2K −$5.31/SF
NOI
$315.7K $15.94/SF
Area
York County, PA
Vacancy
3.20%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,313,420
Cap Rate 7%
$4,509,586
Cap Rate 9%
$3,507,456
Alternative Uses
Best Use
Office B
$4.51M
$3.95M – $5.26M
NOI $315,671 @ 7.0% cap · market cap 7.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.73M
$5.02M – $6.69M
NOI $401,296 @ 7.0% cap · market cap 9.15%
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
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,125
Businesses Nearby
Explore this area
Business Placement
Demographics for 17402, PA
36,978
Population
14,751
Households
2.5
Avg Household Size
43
Median Age
35%
College-Educated
91%
High-School Grad
18.7 sq mi
ZIP Area
1,977
Density / Sq Mi
$77,134
Median Household Income
$46,039
Median Earnings
$1,307
Median Rent
$247,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Fully renovated office property with two floors, a finished lower level, elevator access, and on-site parking.
Where is this office building located?
The property is located at 2870 Eastern Blvd York, PA.
What is the asking price?
The asking price for this property is $4,385,000.
What are key features of this property?
This property features: 19,800 square feet across two floors plus a finished lower level; Elevator access connects the building’s levels; Fully renovated in August 2025; originally built in 1972
