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    549 Main St Shrewsbury, PA 17361

    Sponsored
    For Lease
    Contact for pricing

    York County Anchored Retail Opportunity

    Lot size:
    75,620 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Market Square, located at 549 South Main Street and Old Farm Lane in York County, presents a prime retail investment opportunity. This well-maintained, 75,620 square foot anchored center sits on a generous 8.01-acre lot and enjoys a highly visible location at a signalized intersection. The property offers excellent access and frontage from Main Street, ensuring high traffic visibility and accessibility for potential tenants. Currently, six retail spaces are available, ranging in size from 396 square feet to 7,500 square feet, providing flexibility for a variety of businesses. The center is anchored by a Rite Aid Pharmacy and a Goodwill store, providing strong co-tenancy and drawing a substantial customer base from both local residents and those commuting from the Baltimore area. This established center offers a unique opportunity to capitalize on a thriving retail market, benefiting from its strategic location and the presence of established, reputable anchor tenants. The property's size and configuration make it ideal for a variety of retail uses, and its excellent visibility and accessibility ensure strong potential for attracting customers and generating revenue. The ample parking available further enhances the appeal of this exceptional retail center. This is a rare opportunity to acquire a well-established and successful retail property in a desirable location.

    Property Features for 549 Main St

    General Information

    Property type
    Shopping centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    75,620 SF

    Unit(s) available at that property

    Space
    Space 4
    Size
    7,500 SF
    Space
    Space I
    Size
    1,296 SF
    Space
    Space C
    Size
    490 SF
    Space
    Space G
    Size
    700 SF
    Space
    Space H
    Size
    584 SF
    Space
    Space F
    Size
    396 SF

    HighLights

    • 75,620 square foot retail anchored center in York County.
    • Anchored by Rite Aid and Goodwill.
    • Eight acres of land.
    • Six available spaces ranging from 396 to 7,500 square feet.
    • Located at a signalized intersection with Main Street frontage.
    • Excellent retail and office opportunity serving local residents and the Baltimore area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dunkin' Coffee Shop Baskin-Robbins Ice Cream Shop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Shrewsbury
    County
    York
    State
    Pennsylvania
    Longitude
    -76.6759916
    Latitude
    39.7535099

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Shopping center - York County Anchored Retail Opportunity
    Where is this shopping center located?
    The property is located at 549 Main St Shrewsbury, PA.
    What are key features of this property?
    This property features: 75,620 square foot retail anchored center in York County.; Anchored by Rite Aid and Goodwill.; Eight acres of land.
    Request Owner's contact information
    549 Main St Shrewsbury, PA 17361
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    Shrewsbury, PA 17361
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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

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    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
    549 Main St Shrewsbury, PA 17361
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