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    45 Market St York, PA 17401

    Sponsored
    For Sale
    $595,000

    4,170 SF Mixed-Use, Vacant

    Property size:
    4,170 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4,170 square foot, three-story mixed-use building presents a unique redevelopment opportunity in York, PA's vibrant Market District. Located at 45 W. Market St., this property boasts a newly renovated first-floor retail space (1,420 SF) featuring a "vanilla box" finish, including new HVAC, bathroom, flooring, wall finishes, exterior lighting, and utilities. The upper two floors have been fully demolished, providing a blank canvas for customized development. The building benefits from two dedicated parking spaces, with shared access to additional on-site parking after 5 pm and on weekends. The property's prime location offers unparalleled access to the Central Market, The Appell Center, Beaver Street shops, and a thriving culinary scene. Zoned for Central Business District use, this is a rare chance to capitalize on the revitalization of downtown York. The asking price is $595,000, translating to $142.69 per square foot. Conceptual renderings are available showcasing potential residential development. This is an ideal investment for developers seeking a turnkey retail space and a prime location for future development.

    Property Features for 45 Market St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    4,170 SF

    Building Details

    Buildings
    1
    Stories
    3

    HighLights

    • Three‑story mixed‑use building redevelopment opportunity in York, PA's Market District, including two dedicated parking spaces and shared access to additional parking.
    • Turnkey, newly renovated 1,420 SF first‑floor retail space with new HVAC, bathroom, flooring, and finishes.
    • Prime location in York's Market District near Central Market, Appell Center, and Beaver Street shops.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm 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
    York
    County
    York
    State
    Pennsylvania
    Longitude
    -76.7293007
    Latitude
    39.9621594

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    FAQs

    What type of property is this?
    Mixed-use property - 4,170 SF Mixed-Use, Vacant
    Where is this mixed-use property located?
    The property is located at 45 Market St York, PA.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: Three-story mixed-use building redevelopment opportunity in York, PA's Market District, including two dedicated parking spaces and shared access to additional parking.; Turnkey, newly renovated 1,420 SF first-floor retail space with new HVAC, bathroom, flooring, and finishes.; Prime location in York's Market District near Central Market, Appell Center, and Beaver Street shops.
    (717) 850-8702
    Request Owner's contact information
    45 Market St York, PA 17401
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    York, PA 17401
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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
    45 Market St York, PA 17401
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