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    100 Memory Ln York, PA 17402

    Sponsored
    For Sale
    Contact for pricing

    Three remodeled retail buildings, ideal for various uses.

    Property size:
    4,133 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity comprises three freestanding retail buildings totaling 4,133 square feet situated on a 0.94-acre lot in York, Pennsylvania. Located at 100 Memory Ln, York, PA 17402, these properties are zoned MU (Mixed Use) and boast ample parking, high visibility, and strong traffic counts. Previously licensed as cannabis dispensaries (licenses not included), each building has undergone recent renovations, making them immediately ready for occupancy. The versatile nature of these properties allows for a wide range of uses, including traditional retail storefronts or restaurants. Their prime locations and modern updates present a compelling opportunity for investors seeking a high-return portfolio in a thriving market. The sale does not include the previous cannabis dispensary licenses; however, the properties are compliant locations for future licensing applications or relocation of existing licenses. This is a rare chance to acquire a well-maintained, multi-use property portfolio in a desirable location. The properties are situated in York County, Pennsylvania, offering easy access to major transportation routes and a strong local economy. This portfolio presents a unique opportunity for both experienced and emerging investors.

    Property Features for 100 Memory Ln

    General Information

    Property type
    Multifamily properties
    Square Feet
    4,133 SF
    Lot Size
    40,946 SF

    HighLights

    • Three Pennsylvania properties, previously licensed cannabis dispensaries (licenses not included).
    • Each is a freestanding retail building with ample parking, high visibility, and strong traffic.
    • Each building was recently remodeled.
    • Suitable for various retail or restaurant uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential income homes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    York
    County
    York
    State
    Pennsylvania
    Longitude
    -76.6808406
    Latitude
    39.9757176

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    FAQs

    What type of property is this?
    Multifamily property - Three remodeled retail buildings, ideal for various uses.
    Where is this multifamily property located?
    The property is located at 100 Memory Ln York, PA.
    What are key features of this property?
    This property features: Three Pennsylvania properties, previously licensed cannabis dispensaries (licenses not included).; Each is a freestanding retail building with ample parking, high visibility, and strong traffic.; Each building was recently remodeled.
    Request Owner's contact information
    100 Memory Ln York, PA 17402
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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
    100 Memory Ln York, PA 17402
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