Mixed-Use Property with
For Sale
Under Contract
$1,500,000
BIRD IN HAND, PA 17505, Bird in Hand, PA 17505
Multi-Family, BIRD IN HAND, PA
Property Size8,034 SF
Lot Size1.23 Acres
Price / SF$186.71
Days on Market68
Property Features
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
27
Parking features
Garage - Detached, Driveway
Interior features
Attic
Fireplace
1
High school
CONESTOGA VALLEY
Elementary school district
CONESTOGA VALLEY
Middle school district
CONESTOGA VALLEY
High school district
CONESTOGA VALLEY
Standard status
Active Under Contract
Size
8,034 SF
Lot size
1.23 Acres
Taxes and HOA fees
Tax Annual Amount
11610
Utilities
Heating system
Hot Water(Heating), Radiant
Cooling system
Window Unit(s)
Building Details
Year built
1879
Number of units
4
Building materials
Frame, Vinyl Siding, Block, Concrete
Architectural style
Other
Listing Agency:
Berkshire Hathaway HomeServices Homesale Realty
(717) 560-9100
Listed By:
Ken Kirchoff · License #RS287964
(717) 286-9714
Added: Aug 17
Changed: Oct 21
Last Checked: Oct 23 at 3:06AM
MLS# PALA2093802
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1.23-acre mixed-use property combines two residences with work and storage buildings. One two-story home has 3 bedrooms, 1 bath, and 1,400 finished square feet; the other has 5 bedrooms, 2 baths, and 3,137 finished square feet. The warehouse/office building measures approximately 7,000 square feet and has ceilings about 15–16 feet high. A separate steel building of approximately 2,200 square feet contains four or more horse stalls.
BH zoning supports the existing mix of residential and manufacturing/service activity. The property also includes an attic, detached garage, and driveway. One residence is tenant-occupied, while the other is owner-occupied.
BH zoning supports the existing mix of residential and manufacturing/service activity. The property also includes an attic, detached garage, and driveway. One residence is tenant-occupied, while the other is owner-occupied.
Key Highlights
- 1.23‑acre mixed‑use property with two residences and work buildings
- Two‑story homes measure 1,400 and 3,137 finished square feet
- Approximately 7,000‑square‑foot warehouse/office building with 15–16‑foot ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$99,782
Cap Rate
6.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,995,640
$2.0M
Cap Rate 7%
$1,425,457
$1.4M
Cap Rate 9%
$1,108,689
$1.1M
Market Conditions
NOI Build-Up for 8,034 SF
Gross rent
$173.5K $21.60/SF
− Vacancy
−$13.9K −$1.73/SF
EGI
$159.7K $19.87/SF
− OpEx
−$59.9K −$7.45/SF
NOI
$99.8K $12.42/SF
Area
Lancaster County, PA
Vacancy
8.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,995,640
Cap Rate 7%
$1,425,457
Cap Rate 9%
$1,108,689
Alternative Uses
Best Use
Mixed Use
$1.43M
$1.25M – $1.66M
NOI $99,782 @ 7.0% cap · market cap 6.65%
Second Best
Apartment 5plus
$1.13M
$989.2K – $1.32M
NOI $79,139 @ 7.0% cap · market cap 5.28%
Theoretical Best
Office A
$2.69M
$2.36M – $3.14M
NOI $188,457 @ 7.0% cap · market cap 12.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
16 ft
Clear height
2
Residential units
Location Intelligence
Trade Area within ½ mile
35
Businesses Nearby
Explore this area
Business Placement
Demographics for 17505, PA
2,018
Population
564
Households
3.6
Avg Household Size
28
Median Age
12%
College-Educated
64%
High-School Grad
7.4 sq mi
ZIP Area
273
Density / Sq Mi
$109,514
Median Household Income
$38,033
Median Earnings
$1,609
Median Rent
$373,600
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - BH zoning accommodates the property's existing residential and manufacturing/service uses.
Where is this mixed-use property located?
The property is located at Bird in Hand, PA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 1.23‑acre mixed‑use property with two residences and work buildings; Two‑story homes measure 1,400 and 3,137 finished square feet; Approximately 7,000‑square‑foot warehouse/office building with 15–16‑foot ceilings
