Industrial Flex Space with Open
For Sale
Contact for pricing
504 S MAIN STREET, Shrewsbury, PA 17361
Private commercial workspace with natural light, exposed block walls, and adaptable room for offices, equipment, or workstations.
Property Size1,152 SF
Price / SF$0.87
Days on Market51
Property Features for 504 S MAIN STREET
General Information
Standard status
Active
Size
1,152 SF
Property subtype
Commercial
Building Details
Year Built
1900
Listing Agency:
Keller Williams Keystone Realty
(717) 755-5599
Listed By:
Kev Orwig · License #RS372463
(717) 318-6679
Source:
Cummingsrealtors
Added: Sep 15
Changed: Nov 3
Last Checked: Nov 3 at 7:29AM
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 Keller Williams Keystone Realty
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Investment Insights
Based on property information with market context.
This 1,152-square-foot flex space occupies a 1900 commercial property and offers an open interior with exposed block walls and abundant natural light. Multiple electrical outlets support a range of office, equipment, and workstation arrangements, while the adaptable layout allows occupants to retain the existing industrial character or customize the space.
The property is located at 504 S Main Street in Shrewsbury, Pennsylvania, near I-83 and major connecting roads with access toward Baltimore and Harrisburg. It provides a private Pennsylvania business address and a dedicated setting for commercial operations, office use, or workspace needs.
The property is located at 504 S Main Street in Shrewsbury, Pennsylvania, near I-83 and major connecting roads with access toward Baltimore and Harrisburg. It provides a private Pennsylvania business address and a dedicated setting for commercial operations, office use, or workspace needs.
Key Highlights
- 1,152 SF flex space at 504 S Main Street, Shrewsbury, PA 17361
- Open interior with exposed block walls and abundant natural light
- Multiple electrical outlets for desks, equipment, and workstations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,192
Suggested Prices Based on Cap Rates
Cap Rate 5%
$123,840
$123.8K
Cap Rate 7%
$88,457
$88.5K
Cap Rate 9%
$68,800
$68.8K
Market Conditions
NOI Build-Up for 1,152 SF
Gross rent
$10.1K $8.76/SF
− Vacancy
−$565 −$0.49/SF
EGI
$9.5K $8.27/SF
− OpEx
−$3.3K −$2.89/SF
NOI
$6.2K $5.38/SF
Area
York County, PA
Vacancy
5.60%
Lease Rate
$8.76 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$123,840
Cap Rate 7%
$88,457
Cap Rate 9%
$68,800
Alternative Uses
Best Use
Industrial
$96.0K
$84.0K – $112.0K
NOI $6,722 @ 7.0% cap · market cap 672.20%
Second Best
Flex RnD
$88.5K
$77.4K – $103.2K
NOI $6,192 @ 7.0% cap · market cap 619.20%
Theoretical Best
Office A
$333.5K
$291.9K – $389.1K
NOI $23,348 @ 7.0% cap · market cap 2,334.80%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
266
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 17361, PA
5,961
Population
2,690
Households
2.2
Avg Household Size
47
Median Age
40%
College-Educated
91%
High-School Grad
3.0 sq mi
ZIP Area
1,987
Density / Sq Mi
$100,368
Median Household Income
$58,514
Median Earnings
$1,121
Median Rent
$292,300
Median Home Value
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - Private commercial workspace with natural light, exposed block walls, and adaptable room for offices, equipment, or workstations.
Where is this flex space located?
The property is located at 504 S MAIN STREET Shrewsbury, PA.
What are key features of this property?
This property features: 1,152 SF flex space at 504 S Main Street, Shrewsbury, PA 17361; Open interior with exposed block walls and abundant natural light; Multiple electrical outlets for desks, equipment, and workstations
