20 3Rd St Columbia, PA 17512
Four-unit apartment building, prime downtown location.
Property Features for 20 3Rd St
General Information
- Property type
- Multifamily properties
- Class
- B
Building Details
- Buildings
- 2
- Units
- 4
Listing Agency: Bennett Williams Commercial Lancaster Listing Agent: Tom Troccoli
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional multifamily investment property, located at 20-24 S. 3rd St., Columbia, PA 17512, offers a compelling opportunity for discerning investors. The property consists of two buildings encompassing four units, zoned HDR (High Density Residential) in Lancaster County. The asking price is $525,000, representing a price per unit of $131,250. The property includes one commercial retail unit currently operating as a cigar lounge (available for separate purchase), two two-bedroom residential units, and a vacant, unfinished third-floor unit with significant potential for added value and rental income. This prime downtown Columbia location provides excellent visibility and access to local amenities. The property presents a unique blend of commercial and residential income streams, offering immediate cash flow and long-term growth potential. The existing cigar lounge provides a stable income source, while the residential units offer additional rental income. The unfinished third-floor unit presents a chance to increase the property's value and rental revenue through renovation and lease-up. This is a rare opportunity to acquire a well-located, multi-faceted property in a thriving Pennsylvania community. The property's strong location and diverse income streams make it an attractive investment for both seasoned and new investors seeking a solid return on investment.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial real estate
Location Insight
- Map
- Local Demand
- City
- Columbia
- County
- Lancaster
- State
- Pennsylvania
- Longitude
- -76.501912493991
- Latitude
- 40.031317770573
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - Four-unit apartment building, prime downtown location.
Where is this multifamily property located?
The property is located at 20 3Rd St Columbia, PA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Exceptional multifamily investment opportunity in downtown Columbia, PA.; Four-unit property at 20-24 S. 3rd St., priced at $525,000 ($131,250 per unit).; Includes one commercial retail unit (cigar lounge, separately purchasable), two 2-bedroom residential units, and one unfinished third-floor unit.