Medical Office Building with Imaging
640 E OREGON Road Lititz, PA 17543
For Sale
$2,100,000
Commercial Sale - LITITZ, PA
Property Size7,501 SF
Lot Size1.50 Acres
Price / SF$279.96
Days on Market471
Property Features for 640 E OREGON Road
General Information
- Property type
- Other
- Property subtype
- Office
- Parking
- 45
- Parking features
- Parking Lot
- Standard status
- Active
- Lot size
- 1.50 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3329
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1978
- Building materials
- Brick
Listing Agency:
Bennett Williams Realty, Inc.
(717) 843-5555
Listed By:
Jeffrey Christian Herr · License #RS339386
(717) 471-4153
Added: Apr 10, 2025
Changed: Jun 9
Last Checked: Jul 24 at 7:06PM
MLS# PALA2067902
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
A medical office building offering 7,501 square feet and flexibility for multi-tenant use. The space can be demised into three suites with separate entrances: 3,120 square feet, 2,800 square feet, and 1,581 square feet. Site improvements include approximately 45 parking spaces to support patient and staff needs, and the property notes heavy power availability intended for imaging and other medical equipment.
The building is located in Manheim Township with easy access to Routes 501, 272, and 222. Route 30 is approximately 10 minutes away via Route 222, supporting convenient travel for patients, employees, and visiting providers.
For buyers or tenants looking for an owner-operator or suite-based medical setup, the separate entrances can support privacy and independent scheduling across the demisable areas. Heavy power availability also aligns with uses that require greater electrical capacity for imaging and similar medical equipment. With onsite parking and straightforward highway access, the property is positioned to accommodate medical practices that benefit from both patient-friendly logistics and adaptable suite configurations.
The building is located in Manheim Township with easy access to Routes 501, 272, and 222. Route 30 is approximately 10 minutes away via Route 222, supporting convenient travel for patients, employees, and visiting providers.
For buyers or tenants looking for an owner-operator or suite-based medical setup, the separate entrances can support privacy and independent scheduling across the demisable areas. Heavy power availability also aligns with uses that require greater electrical capacity for imaging and similar medical equipment. With onsite parking and straightforward highway access, the property is positioned to accommodate medical practices that benefit from both patient-friendly logistics and adaptable suite configurations.
Key Highlights
- 7,501 sf medical office building suitable for sale or lease.
- Can be divided into three suites with separate entrances.
- Approximately 45 parking spaces available.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $192.6k | $25.68 |
| − Vacancy | −$27.0k | −$3.61 |
| EGI | $165.6k | $22.07 |
| − OpEx | −$41.4k | −$5.52 |
| NOI | $124.2k | $16.56 |
7,501 SF · lease $25.68/SF/yr · vacancy 14.04% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.77M
$1.55M – $2.07M
NOI $124,186 @ 7.0% cap · market cap 5.91%
Second Best
Healthcare Medical
$1.56M
$1.37M – $1.82M
NOI $109,461 @ 7.0% cap · market cap 5.21%
Theoretical Best
Office A
$2.51M
$2.20M – $2.93M
NOI $175,954 @ 7.0% cap · market cap 8.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Medical Office Space
FAQs
What type of property is this?
Medical Office Space - Medical suites with separate entrances and heavy power for imaging equipment in a parking-rich setting.
Where is this medical office space located?
The property is located at 640 E OREGON Road Lititz, PA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 7,501 sf medical office building suitable for sale or lease.; Can be divided into three suites with separate entrances.; Approximately 45 parking spaces available.
