Office Building with Retail
743 S BROAD Street Lititz, PA 17543
For Sale
$2,400,000
Commercial Sale - LITITZ, PA
Property Size9,200 SF
Lot Size0.96 Acres
Price / SF$260.87
Days on Market486
Property Features for 743 S BROAD Street
General Information
- Property type
- Other
- Property subtype
- Retail
- Parking
- 50
- Parking features
- Parking Lot
- Standard status
- Active
- Size
- 9,200 SF
- Lot size
- 0.96 Acres
Taxes and HOA fees
- Tax Annual Amount
- 20156
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1957
- Building materials
- Block
Listing Agency:
Bennett Williams Realty, Inc.
(717) 843-5555
Listed By:
Jeffrey Christian Herr · License #RS339386
(717) 471-4153
Added: Mar 26, 2025
Changed: Jun 9
Last Checked: Jul 24 at 6:06PM
MLS# PALA2066368
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.
This offering is a 9,200 sf office building situated on 0.96 acres. The property can support office use and also offers flexibility for retail-related operations, making it suitable for tenants looking for a standalone setup with on-site utility services.
Located on South Broad Street/Route 501, the property benefits from high traffic exposure with Route 501 listed at 23,000 VPD. Retail neighbors include Weis Markets, AutoZone, Domino’s Pizza, Dunkin Donuts, Burger King, Taco Bell, and others, and the site is immediately adjacent to a Wells Fargo Bank. A rear egress connects to a traffic signal on Route 501, providing an additional point of access.
For buyers or operators, the combination of a dedicated office building and prominent roadside positioning supports a range of space needs, from professional office tenants to users seeking a visible retail presence. The presence of all public utilities further supports straightforward occupancy planning. The rear access via a Route 501 signal can also be practical for customer or employee circulation depending on the intended use.
Located on South Broad Street/Route 501, the property benefits from high traffic exposure with Route 501 listed at 23,000 VPD. Retail neighbors include Weis Markets, AutoZone, Domino’s Pizza, Dunkin Donuts, Burger King, Taco Bell, and others, and the site is immediately adjacent to a Wells Fargo Bank. A rear egress connects to a traffic signal on Route 501, providing an additional point of access.
For buyers or operators, the combination of a dedicated office building and prominent roadside positioning supports a range of space needs, from professional office tenants to users seeking a visible retail presence. The presence of all public utilities further supports straightforward occupancy planning. The rear access via a Route 501 signal can also be practical for customer or employee circulation depending on the intended use.
Key Highlights
- Prime location on South Broad St/Route 501 with high traffic volume (23,000 VPD).
- 9,200 sf office building on .96 acres.
- Rear egress leading to traffic signal on Route 501.
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 | $236.3k | $25.68 |
| − Vacancy | −$33.2k | −$3.61 |
| EGI | $203.1k | $22.07 |
| − OpEx | −$50.8k | −$5.52 |
| NOI | $152.3k | $16.56 |
9,200 SF · lease $25.68/SF/yr · vacancy 14.04% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.18M
$1.90M – $2.54M
NOI $152,314 @ 7.0% cap · market cap 6.35%
Second Best
Retail
$1.55M
$1.35M – $1.80M
NOI $108,269 @ 7.0% cap · market cap 4.51%
Theoretical Best
Office A
$3.08M
$2.70M – $3.60M
NOI $215,808 @ 7.0% cap · market cap 8.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
FAQs
What type of property is this?
Office building - A 9,200 sf office building on nearly an acre with direct highway visibility and adjacent banking frontage.
Where is this office building located?
The property is located at 743 S BROAD Street Lititz, PA.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Prime location on South Broad St/Route 501 with high traffic volume (23,000 VPD).; 9,200 sf office building on .96 acres.; Rear egress leading to traffic signal on Route 501.
