Highway Commercial Property on US Route
401 Linden St, Columbia, PA 17512
For Sale
Contact for pricing
0.29 acres zoned Highway Commercial near Turkey Hill Experience.
Property Size4,725 SF
Lot Size0.29 Acres
Price / SF$190.48
Days on Market246
Property Features for 401 Linden St
General Information
Standard status
Size
Class
Lot size
Property subtype
Zoning
Occupancy
Investment Type
Building Details
Year Built
Year Renovated
Buildings
Stories
Units
Tenancy
Listing Agency:
High Real Estate Group
Listed By:
Althea Ramsay Carrigan · License CT RS211857L
(717) 669-8861
Source:
Crexi
Added: Mar 10
Changed: Aug 8
Last Checked: Aug 25 at 5:19AM
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 High Real Estate Group
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located on US Route 30, this property comprises two parcels totaling 0.29 acres. Zoned Highway Commercial, it is situated at an offramp and adjacent to the Turkey Hill Experience attraction in Columbia, Pennsylvania. The property, with a size of 4725 square feet, is currently occupied by an antique store and was formerly Dietz’s Bar.
Key Highlights
- Prime location on US Route 30 at an offramp.
- Zoned Highway Commercial.
- Located next to the Turkey Hill Experience attraction.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,685
Cap Rate
6.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,173,700
$1.2M
Cap Rate 7%
$838,357
$838.4K
Cap Rate 9%
$652,056
$652.1K
Market Conditions
NOI Build-Up for 4,725 SF
Gross rent
$102.1K $21.60/SF
− Vacancy
−$8.2K −$1.73/SF
EGI
$93.9K $19.87/SF
− OpEx
−$35.2K −$7.45/SF
NOI
$58.7K $12.42/SF
Area
Lancaster County, PA
Vacancy
8.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,173,700
Cap Rate 7%
$838,357
Cap Rate 9%
$652,056
Alternative Uses
Best Use
Mixed Use
$838.4K
$733.6K – $978.1K
NOI $58,685 @ 7.0% cap · market cap 6.52%
Second Best
Retail
$794.4K
$695.1K – $926.8K
NOI $55,606 @ 7.0% cap · market cap 6.18%
Theoretical Best
Office A
$1.58M
$1.39M – $1.85M
NOI $110,836 @ 7.0% cap · market cap 12.32%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
626
Businesses Nearby
38k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 64%
Dining 36%
Turkey Hill Minit Market
Shops & Services
15,420 visits/mo
0.0 miles
Burger King
Dining
12,492 visits/mo
0.1 miles
Turkey Hill Minit Market
Shops & Services
6,653 visits/mo
0.3 miles
Truist
Shops & Services
1,975 visits/mo
0.5 miles
Domino's Pizza
Dining
1,223 visits/mo
0.3 miles
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
$221,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Lancaster County, PA
Properties on Market for Mixed-use properties in Lancaster County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - 0.29 acres zoned Highway Commercial near Turkey Hill Experience.
Where is this mixed-use property located?
The property is located at 401 Linden St Columbia, PA.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Prime location on US Route 30 at an offramp.; Zoned Highway Commercial.; Located next to the Turkey Hill Experience attraction.
