Former Bank Branch
For Sale
$500,000
325 Locust St, Columbia, PA 17512
Former bank branch building offers flexible space for office, professional services, retail, or creative use.
Property Size3,724 SF
Lot Size0.18 Acres
Price / SF$134.26
Days on Market92
Property Features for 325 Locust St
General Information
Standard status
Active
Size
3,724 SF
Lot size
0.18 Acres
Property subtype
Freestanding
Building Details
Building Size
3,724 SF
Listing Agency:
Bennett Williams Commercial - York
Listed By:
Justin Willits · License #RS330371
(717) 858-0066
Source:
Bennettwilliams
Added: Jul 15
Changed: Oct 1
Last Checked: Oct 12 at 4:34PM
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
Investment Insights
Based on property information with market context.
Former bank branch building totaling approximately 3,724 SF on a 0.18-acre parcel. The property features classical architecture and a grand columned entrance consistent with its original financial institution design.
Located in downtown Columbia Borough, the building is positioned for visibility along Locust Street and benefits from a walkable downtown setting with nearby businesses and amenities. The location provides convenient access between Lancaster and York counties.
The space is suitable for continued office use and also supports a range of alternative commercial concepts, including professional services, retail, creative workspace, or specialty commercial uses.
Located in downtown Columbia Borough, the building is positioned for visibility along Locust Street and benefits from a walkable downtown setting with nearby businesses and amenities. The location provides convenient access between Lancaster and York counties.
The space is suitable for continued office use and also supports a range of alternative commercial concepts, including professional services, retail, creative workspace, or specialty commercial uses.
Key Highlights
- Approximately 3,724 SF former bank branch building at 325 Locust Street in downtown Columbia, PA
- Sits on a 0.18‑acre parcel
- Commercial space suitable for office, professional services, retail, creative workspace, or specialty commercial concepts
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,826
Cap Rate
8.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$876,520
$876.5K
Cap Rate 7%
$626,086
$626.1K
Cap Rate 9%
$486,956
$487.0K
Market Conditions
NOI Build-Up for 3,724 SF
Gross rent
$67.0K $18.00/SF
− Vacancy
−$4.4K −$1.19/SF
EGI
$62.6K $16.81/SF
− OpEx
−$18.8K −$5.04/SF
NOI
$43.8K $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%
$876,520
Cap Rate 7%
$626,086
Cap Rate 9%
$486,956
Alternative Uses
Best Use
Specialty Retail
$970.4K
$849.1K – $1.13M
NOI $67,930 @ 7.0% cap · market cap 13.59%
Second Best
Office B
$880.8K
$770.7K – $1.03M
NOI $61,654 @ 7.0% cap · market cap 12.33%
Theoretical Best
Office A
$1.25M
$1.09M – $1.46M
NOI $87,355 @ 7.0% cap · market cap 17.47%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
742
Businesses Nearby
Explore this area
Business Placement
Demographics for 17512, PA
18,267
Population
8,255
Households
2.2
Avg Household Size
42
Median Age
23%
College-Educated
86%
High-School Grad
16.0 sq mi
ZIP Area
1,142
Density / Sq Mi
$61,130
Median Household Income
$42,702
Median Earnings
$1,067
Median Rent
$221,100
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 Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Bank - Former bank branch building offers flexible space for office, professional services, retail, or creative use.
Where is this bank located?
The property is located at 325 Locust St Columbia, PA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Approximately 3,724 SF former bank branch building at 325 Locust Street in downtown Columbia, PA; Sits on a 0.18‑acre parcel; Commercial space suitable for office, professional services, retail, creative workspace, or specialty commercial concepts
