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Property profile & analytics
OFF-MARKET Estimated value $1,190,000
Office Spaces

2 Main St Strasburg, PA 17579-1410

8,457 SF 0.19 ac lot Built 1900
Entity Owned 11-yr Hold ~ Est. High Equity
Property ID
US73-1549544
Property summary
AI-generated overview

This exceptional 150-square-foot office space offers a unique blend of traditional office functionality and modern convenience. Located on the third floor of a historic building in downtown Strasburg, Lancaster County, this single-tenant space boasts private access to an outdoor balcony, perfect for fresh air breaks or informal meetings. The office itself measures approximately 11ft x 13ft and is part of a shared office area with three other rarely-used offices, ensuring a quiet and productive work environment. A shared conference room is available upon request, adding further flexibility for meetings and collaborations. Rent includes all utilities and high-speed Wi-Fi, minimizing operational overhead. For added convenience, a workspace package including a desk, chair, and file cabinet is available upon request. The monthly rent is $300. This fantastic opportunity is available for occupancy starting January 1st, 2025. The property is classified as both a traditional office and coworking space, offering a versatile solution for various business needs. This is an ideal space for a solo entrepreneur or a small business seeking a charming and efficient workspace in a vibrant historic setting.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1900
Construction FRAME
Total area 8,457 SF
Lot 0.19 ac (8,276 SF)
Zoning code C-1
APN 570-96282-0-0000
UPID US73-1549544
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$780k
CAP Approach CAP
$1.62M
Comparable Approach Comparable
$1.62M
Blend (final) Blend
$1.19M
Owner & transaction history
Adaptable Resources Institute LLC · 11 yrs held
Adaptable Resources Institute LLC
since 2014
5 recorded transactions
2021
Price N/A
2019
Price N/A
2016
Price N/A
2014
$495,000
1969
Price N/A
Zoning & alternative use
C-1 · Strasburg, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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