3020 Columbia Ave Lancaster, PA 17603

Listing agency Bennett Williams Commercial m***@bennettwilliams.com Show Phone

Listed by Michael Sheaffer · License #PA AB062271L

Source Crexi

Added: Jan 30, 2024 Updated: Jul 6 at 8:29AM Checked: Jul 17 at 11:05AM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bennett Williams Commercial

---

Investment Insights

Based on property information with market context.

This 39,610 square foot office building is situated on 2.68 acres. The property is located in Centerville, within one of Lancaster County’s fastest-growing commercial, industrial, and residential corridors, benefiting from recent significant roadway and infrastructure improvements. It features 145 parking spaces. The property is leased to a premier Lancaster County business entity until December 1, 2030, or 3 years from the date of sale, with potential for a longer term. The current projected 2026 Net Operating Income (NOI) is $652,868, with annual CPI escalations in place. Owner financing is potentially available, presenting a stabilized office investment opportunity.

Key Highlights

• 39,610 SF stabilized office investment opportunity
• Leased until December 1, 2030, with potential for longer term
• Projected 2026 NOI $652,868

Property Analytics

Property Profile Location Intelligence

Similar For Sale Nearby

• 

  $849,000

  5,000 SF

  Leased Office Condominium Units

  Five office condominium units within Oregon Commons, totaling approximately 5,000 square feet, are fully leased to two tenants.

  1525 Oregon Pike, Lancaster, PA 17601

  View Details
• 

  $1,500,000

  4,500 SF

  Turnkey Restaurant/Retail Property in Lancaster

  Renovated restaurant/retail property with business assets in downtown Lancaster.

  30 W LEMON Street, LANCASTER, PA 17603

  View Details
• 

  $945,000

  3,316 SF

  Mixed-Use Storefront and Residence

  First-floor storefront with flexible space plus an upscale 2nd- and 3rd-floor residence, suited for live-work operations.

  305 N QUEEN ST, LANCASTER, PA

  View Details
• 

  $675,000

  1,350 SF

  Downtown Lancaster Commercial Opportunity

  Two-unit building in vibrant downtown Lancaster with commercial and residential spaces.

  15 North Lime Street, Lancaster, PA 17602

  View Details
• 

  $625,000

  1,680 SF

  Four-Unit Residential Income Quadplex

  Well-maintained four-unit property with separate entrances, off-street parking, and yard space in Lancaster, PA.

  19 & 23 NURSERY Lane, LANCASTER, PA 17603

  View Details
• 

  $495,000

  1,976 SF

  Single-Story Commercial Building

  Single-story commercial building in CBC zoning, well-suited for a church congregation or a small standalone office user.

  9 Eisenhower Blvd, Lancaster, PA 17603

  View Details
• 

  $1,095,000

  3,049 SF

  Downtown Lancaster Mixed-Use Investment

  Five-unit property with commercial space in vibrant downtown Lancaster.

  205 East King Street, Lancaster, PA 17602

  View Details
• 

  $695,000

  1,652 SF

  Service Station with Two-Bay Garage

  Service station with gas pumps plus a two-bay garage with office and storage on Lititz Pike/Route 501.

  2618 Lititz Pike, Lancaster, PA 17601

  View Details
• 

  $675,000

  4,392 SF

  Mixed-Use Investment Opportunity in Lancaster

  Mixed-use property with apartments, laundromat, and restaurant in Lancaster.

  352 E NEW Street, LANCASTER, PA 17602

  View Details
• 

  $330,000

  2,400 SF

  International Cuisine Restaurant Business

  Well-established restaurant business offered with training and included equipment, ready for dine-in and delivery operations.

  798 NEW HOLLAND Avenue, LANCASTER, PA 17602

  View Details
• 

  $1,250,000

  2,920 SF

  NNN Automotive Property with Tenant

  Triple-net automotive investment opportunity leased to an operating exhaust business with potential to extend long-term terms.

  309 Harrisburg Ave, Lancaster, PA 17603

  View Details
• 

  $645,000

  2,641 SF

  Two-Unit Mixed-Use Building

  Two-unit building with a blank commercial first floor and a 2-bedroom, 2-bath apartment above, plus off-street parking.

  15 N LIME Street, LANCASTER, PA 17602

  View Details

FAQs

What type of property is this?

Office building - 39,610 SF office building on 2.68 acres for sale.

Where is this office building located?

The property is located at 3020 Columbia Ave Lancaster, PA.

What is the asking price?

The asking price for this property is $6,000,000.

What are key features of this property?

This property features: 39,610 SF stabilized office investment opportunity; Leased until December 1, 2030, with potential for longer term; Projected 2026 NOI $652,868