Property profile

226 Arch St Lancaster, PA 17603

OFF-MARKET
Office Spaces
Property ID
US73-5998859
9,704 SF 0.24 ac lot Built 1850
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 2,400 square foot traditional office suite at 226 North Arch Street, Suite A, in Lancaster, Pennsylvania (zip code 17603), is ideally situated just steps from the city's Central Business District, yet offers a tranquil setting. The first-floor space boasts unique architectural details including exposed and painted white brick walls, a modern lobby/atrium, and stylish sliding barn doors. The layout includes three private offices, spacious open work areas, a large conference room, and a convenient kitchenette/breakroom. Abundant natural light floods the suite through its many large windows. One free parking space is included in the lease, and the building is directly across Arch Street from the Water Street public parking garage, providing ample additional parking options. The monthly gross rent is $4,100, encompassing base rent and 2024 Net, Net, Net (NNN) charges. The NNN expenses cover common area maintenance (CAM), real estate taxes, electricity, gas, water, sewer, trash removal, landscaping, snow removal, and building insurance. Tenant responsibilities include phone/internet, interior janitorial services, liability insurance, and any annual increases in operating expenses and utilities. The property is available for occupancy on September 1st. Further details are available upon request.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1850
Construction BRICK
Total area 9,704 SF
Lot 0.24 ac (10,454 SF)
Zoning code R3
APN 331-54117-0-0000
UPID US73-5998859

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Association / Organization
  • Coworking & Hybrid Office
  • Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Real Estate Agency

Location

226 Arch St Lancaster, PA 17603-3599
Lancaster metro Census 100 LANCASTER, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.59M
CAP Approach CAP
$1.86M
Comparable Approach Comparable
$2.05M
Blend (final) Blend
$1.59M

Owner & transaction history

since 2024
Last sale
$1.6M
7 recorded transactions
2024
$1.6M
2018
$1.2M
2018
Price N/A
2002
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R3 · Lancaster, PA
Zoning description

ion materials and design. See also § 300-42I , which may require a larger sight triangle for a parking lot. Maximum Height of Fences, Walls and Hedges Height Limitations Measured from Grade Residential Districts R1, R2,…

General category CIVIC_INSTITUTIONAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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