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    1643 Manheim Pike Lancaster, PA 17601

    For Lease
    $23 SF/Yr

    Lancaster, PA Retail Opportunity

    Lot size:
    96,885 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Chelsea Square offers exceptional retail space in Lancaster, Pennsylvania. This 96,885 square foot shopping center is strategically located at a signalized intersection on Manheim Pike, boasting high daily traffic counts (19,000 CPD). The property features a strong tenant mix, anchored by Weis Markets and complemented by national retailers like Jos. A. Bank and Chico's. Currently, there are multiple retail spaces available, with a minimum divisible space of 1,600 square feet and a maximum contiguous space of 1,600 square feet. A total of 4,500 square feet is currently vacant, presenting a unique opportunity for businesses seeking high visibility and foot traffic. The center is situated on a substantial 10.67-acre lot, providing ample parking and room for expansion. This prime location in Lancaster County offers excellent access to a thriving consumer base, making it an ideal investment for retailers seeking a strong presence in a busy shopping destination. The property's established tenant lineup and high traffic volume ensure a consistent flow of customers, creating a favorable environment for business growth. This is a rare opportunity to secure retail space in a well-established and successful shopping center. Inquire today to learn more about the available spaces and lease terms.

    Property Features for 1643 Manheim Pike

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    96,885 SF
    Total Rate
    185696.25

    Unit(s) available at that property

    Space
    Suite 1641A
    Size
    1,300 SF
    Rate per SF
    $23
    Space
    Suite 1619
    Size
    1,600 SF
    Rate per SF
    $23

    HighLights

    • 96,885 SF shopping center in Lancaster, PA.
    • High‑traffic location on Manheim Pike (19,000 CPD).
    • Strong tenant mix anchored by Weis Markets and including Jos. A. Bank & Chico's.
    • 4,500 SF of available retail space (minimum 1,600 SF, maximum contiguous 1,600 SF).
    • 10.67‑acre lot with ample parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Weis Pharmacy Pharmacy Chelsea Square Shopping Mall Weis Markets Grocery Store Amazon Locker - Candidate Mailing Service Coinstar Money Transfer Service

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Lancaster
    State
    Pennsylvania
    Longitude
    -76.340336
    Latitude
    40.0836277

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    FAQs

    What type of property is this?
    Retail property - Lancaster, PA Retail Opportunity
    Where is this retail property located?
    The property is located at 1643 Manheim Pike Lancaster, PA.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: 96,885 SF shopping center in Lancaster, PA.; High-traffic location on Manheim Pike (19,000 CPD).; Strong tenant mix anchored by Weis Markets and including Jos. A. Bank & Chico's.
    Request Owner's contact information
    1643 Manheim Pike Lancaster, PA 17601
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    Lancaster, PA 17601
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1643 Manheim Pike Lancaster, PA 17601
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