Building Details

Year Built 1954

Listing Agency: U.S. Commercial Realty m***@uscommercialrealty.net Show Phone

Listed By: Matthew M Czaus · License #RS331302 Show Phone

Source: Cummingsrealtors

Added: Aug 19 Changed: Oct 6 Last Checked: Oct 7 at 12:46PM

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Investment Insights

Based on property information with market context.

This approximately 4,332-square-foot office building was constructed in 1954 and previously served as an insurance office. The interior includes multiple private offices, conference rooms, and open cubicle areas, creating a varied workplace configuration for professional office operations.

Located at 6 S Church Street in Quarryville, Pennsylvania, the property is offered for sale. Its existing mix of enclosed rooms, meeting space, and open work areas provides a defined office layout within an established commercial building.

Key Highlights

• Approximately 4,332 SF of office space
• Multiple private offices for individual work areas
• Conference rooms included in the existing layout

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$71,720

Cap Rate

8.97%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,434,400 $1.4M

Cap Rate 7%

$1,024,571 $1.0M

Cap Rate 9%

$796,889 $796.9K

Market Conditions

NOI Build-Up for 4,332 SF

Gross rent

$111.2K $25.68/SF

− Vacancy

−$15.6K −$3.61/SF

EGI

$95.6K $22.07/SF

− OpEx

−$23.9K −$5.52/SF

NOI

$71.7K $16.56/SF

Area

Lancaster County, PA

Vacancy

14.04%

Lease Rate

$25.68 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,434,400

Cap Rate 7%

$1,024,571

Cap Rate 9%

$796,889

Alternative Uses

Best Use

Office B

$1.02M

$896.5K – $1.20M (±1% cap)

NOI $71,720 @ 7.0% cap · market cap 8.97%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$1.45M

$1.27M – $1.69M (±1% cap)

NOI $101,617 @ 7.0% cap · market cap 12.70%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Spa & Massage Center Furniture & Home Goods (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Carpet & Flooring Store Electrical Service

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

Location Intelligence

Trade Area within ½ mile

421

Businesses Nearby

Explore this area Business Placement

Demographics for 17566, PA

12,724

Population

4,367

Households

2.9

Avg Household Size

36

Median Age

20%

College-Educated

80%

High-School Grad

59.6 sq mi

ZIP Area

213

Density / Sq Mi

$73,545

Median Household Income

$41,802

Median Earnings

$1,229

Median Rent

$284,300

Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this office buildings located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Office building - Built in 1954, the property offers conference rooms and open work areas for professional office use.

Where is this office building located?

The property is located at 6 S CHURCH STREET Quarryville, PA.

What is the asking price?

The asking price for this property is $800,000.

What are key features of this property?

This property features: Approximately 4,332 SF of office space; Multiple private offices for individual work areas; Conference rooms included in the existing layout