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    1605 Market St Elizabethtown, PA 17022

    Sponsored
    For Lease
    Contact for pricing

    High-traffic retail space available.

    Lot size:
    155,422 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property, located at 1605 S Market St in Elizabethtown, PA 17022, presents a prime retail opportunity. The property is classified as a retail outparcel pad, offering a total of 155,422 square feet of building space across multiple tenancies. Currently, there is 3,102 square feet of vacant space available for lease, ideal for a variety of retail businesses seeking high visibility and accessibility. The property sits on a 0.35-acre lot, ensuring ample space for customer parking and potential expansion. Its location on South Market Street in Elizabethtown, Pennsylvania provides excellent exposure to a significant volume of daily traffic. The property's classification as both retail and land offers flexibility for potential tenants or investors. The existing building's substantial size suggests a well-established commercial area with a proven track record. The available 3,102 square feet presents a unique chance to establish or expand a retail presence in a thriving Pennsylvania community. This outparcel pad offers a strategic location for businesses seeking high visibility and convenient access for customers. The property's size and location make it an attractive investment opportunity for those seeking a strong return on investment in a stable market. The combination of retail space and land provides versatility for future development or expansion. This is an excellent opportunity to secure a prominent retail location in a desirable area.

    Property Features for 1605 Market St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    155,422 SF

    Unit(s) available at that property

    Space
    Available Space 2
    Size
    3,102 SF

    HighLights

    • Negotiating subdivision of former Kmart building.
    • Multi‑tenant pad site with drive‑thru potential.
    • Weis Markets recently signed long‑term lease renewal; multi‑million dollar renovations planned.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Elizabethtown
    County
    Lancaster
    State
    Pennsylvania
    Longitude
    -76.584763
    Latitude
    40.1396563

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic retail space available.
    Where is this individual retail property located?
    The property is located at 1605 Market St Elizabethtown, PA.
    What are key features of this property?
    This property features: Negotiating subdivision of former Kmart building.; Multi-tenant pad site with drive-thru potential.; Weis Markets recently signed long-term lease renewal; multi-million dollar renovations planned.
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    1605 Market St Elizabethtown, PA 17022
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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
    1605 Market St Elizabethtown, PA 17022
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