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    1059 Columbia Ave Lancaster, PA 17603

    Sponsored
    For Sale
    $249,950

    Vacant 2,074 SF Medical Office Condo

    Property size:
    2,074 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 2,074 square foot medical office condo is available for sale at $249,950 ($120.52/SF). Located at 1059 Columbia Avenue in Lancaster, Pennsylvania (17603), this vacant Class B property presents a compelling investment opportunity. The condo is situated on the lower level of a meticulously maintained two-story building and features a convenient location along a major thoroughfare, offering easy access to Routes 30 and 283. The property includes access to 40+ parking spaces. Zoned for condo use, this single-unit, single-building property is ideal for owner-occupancy or as a rental investment. The property is in Lancaster Township and falls within the Lancaster School District. Tax ID: 340-38055-0-0000. The Net Net Net (NNN) lease type ensures predictable operating expenses. This is a rare opportunity to acquire a well-located medical office space in a thriving Lancaster community.

    Property Features for 1059 Columbia Ave

    General Information

    Property type
    Medical offices
    Square Feet
    2,074 SF
    Class
    B

    Building Details

    Buildings
    1
    Stories
    2
    Units
    1

    HighLights

    • $249,950 asking price for this medical office condo.
    • 2,074 square feet of vacant space.
    • Located at 1059 Columbia Ave, Lancaster, PA 17603.
    • Class B building, NNN lease type.
    • Condo ownership with 40+ parking spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Scott A Creisher DDS Dentist Lancaster Dentist Dentist Sincera Reproductive Medicine ... Reproductive Health Clinic Dr. Kathleen M. ... Obstetrician-Gynecologist George T. Eckenrode, ... Obstetrician-Gynecologist

    Suggested Use

    Realty agency Law Firm Restaurant 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
    -76.3291298
    Latitude
    40.0391433

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    FAQs

    What type of property is this?
    Medical office - Vacant 2,074 SF Medical Office Condo
    Where is this medical office located?
    The property is located at 1059 Columbia Ave Lancaster, PA.
    What is the asking price?
    The asking price for this property is $249,950.
    What are key features of this property?
    This property features: $249,950 asking price for this medical office condo.; 2,074 square feet of vacant space.; Located at 1059 Columbia Ave, Lancaster, PA 17603.
    Request Owner's contact information
    1059 Columbia Ave Lancaster, PA 17603
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    Lancaster, PA 17603
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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
    1059 Columbia Ave Lancaster, PA 17603
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