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    1845 William Penn Way Lancaster, PA 17601

    For Lease
    $21 SF/Yr

    Prime Lancaster Office, Ample Parking

    Lot size:
    4,299 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional office space, totaling 4,299 square feet, is available for lease at 1845 William Penn Way in Lancaster, Pennsylvania, 17601. Located in a business park setting, this second-floor space within a multi-tenant building offers a traditional office layout suitable for executive offices or a variety of business needs. The property boasts a convenient location within Greenfield, providing easy access to numerous amenities. The building features abundant parking, with 20+ spaces available for tenants and their guests. The zoning designation is Business Park, ensuring compatibility with a range of office-related uses. The 4,299 square feet of vacant space presents a significant opportunity for businesses seeking a well-situated and functional office environment. The building's central location within Greenfield offers excellent visibility and accessibility. This property is ideal for companies seeking a professional and convenient workspace in a thriving business park setting. The ample parking ensures ease of access for employees and clients alike. The traditional office layout provides a classic and functional workspace, while the executive office subtype suggests a sophisticated and professional atmosphere. This space is ready for immediate occupancy and offers a unique opportunity to establish a presence in a desirable Lancaster location.

    Property Features for 1845 William Penn Way

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,299 SF

    Unit(s) available at that property

    Space
    Suite 201
    Size
    4,299 SF
    Rate per SF
    $21

    HighLights

    • 4,299 SF of office space available for lease at 1845 William Penn Way, Lancaster, PA 17601.
    • Second‑floor space in a multi‑tenant building within a Greenfield business park.
    • Traditional office layout suitable for executive offices.
    • Abundant parking (20+ spaces).
    • Business Park zoning.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lancaster County Tax ... Tax Collector'S Office

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Wholesale Shop Auto Repair Shop Clothing Store Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Lancaster
    State
    Pennsylvania
    Longitude
    -76.2467352
    Latitude
    40.0527968

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Lancaster Office, Ample Parking
    Where is this office property / space located?
    The property is located at 1845 William Penn Way Lancaster, PA.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: 4,299 SF of office space available for lease at 1845 William Penn Way, Lancaster, PA 17601.; Second-floor space in a multi-tenant building within a Greenfield business park.; Traditional office layout suitable for executive offices.
    Request Owner's contact information
    1845 William Penn Way 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
    1845 William Penn Way Lancaster, PA 17601
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