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Property profile & analytics
FOR LEASE
Industrial properties

441 E Market St York, PA 17403

202,498 SF 2.77 ac lot Built 1900
Entity Owned 6-yr Hold Absentee Owner Free & Clear
Property ID
US73-2588888
Property summary
AI-generated overview

This exceptional 215,000 square foot commercial property, situated on 4.94 acres in York's vibrant submarket, presents a unique investment opportunity. The building, originally constructed in 1900 and extensively renovated in 2020, boasts a Class B designation and offers a diverse range of spaces suitable for creative office, flex, manufacturing, and warehouse uses. The four-story structure features multiple tenancies, providing flexibility for various business needs. The property includes 140 parking spaces conveniently located in two spacious lots, ensuring ample parking for tenants and guests. Modern amenities abound, including newly installed elevators, LED lighting, refinished hardwood floors, and large timber beams that add character to the space. High ceilings (10 feet) and abundant natural light, thanks to windows lining every wall, create a bright and inspiring work environment. Custom fit-outs are available to tailor the space to specific business requirements. Additional features include a main lobby cafe, an artist gallery, craft/vintage marketplaces, camera security and entry systems, and low-cost internet service. Shared restrooms are conveniently located on each floor. The building's central location offers easy access to major highways, while its friendly artist and business community fosters a collaborative atmosphere. The property is zoned RS and is divisible to accommodate various tenant needs. This is a rare opportunity to acquire a substantial, well-maintained, and versatile commercial property in a thriving location.

Property profile
Verified
Property type Industrial properties
Use group HEAVY INDUSTRIAL
Year built 1900
Total area 202,498 SF
Lot 2.77 ac (120,661 SF)
Zoning code RS
APN 02-025-02-0010.00-00000
UPID US73-2588888
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
Current use
Occupant on record · Public records
  • The York Merchant Food Market Farmer's Market
  • PdPhotography (Bike/Boat/Book/etc) Store Photography Service
  • Mothers Menagerie Charitable Organization Social Service Agency
  • Quite The Stir Agricultural Supply
  • Little Pony's Trading Post (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.63M
Blend (final) Blend
$3.28M
Owner & transaction history
New York Wire Works LLC · 6 yrs held
New York Wire Works LLC
since 2019
6 recorded transactions
2020
Price N/A
2019
$410,000
2016
Price N/A
2015
$850,000
2012
Price N/A
2011
$1.3M
Zoning & alternative use
RS · York, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source current zoning ordinance
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