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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

780 Pa-41 Gap, PA 17527

5,827 SF 2.28 ac lot Built 1959
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 780 PA-41 in Gap, Pennsylvania, presents a unique redevelopment opportunity. The 5,827 square foot building, constructed in 1959, sits on a 2.28-acre lot and boasts 61 parking spaces. Currently vacant, this Class A property offers significant potential for a variety of uses, permitted under the Salisbury Township General Commercial Zone (GC) zoning. Permitted uses include, but are not limited to: banks, restaurants (excluding fast food and drive-throughs), retail establishments, hotels, auto sales, theaters, and more. The property's strategic location at the intersection of US Route 30 and PA Route 41, a high-traffic area with approximately 17,000 vehicles daily on US Route 30 and 15,000 vehicles daily on PA Route 41, ensures high visibility and accessibility. The building features a ramp for accessibility and an indoor sprinkler system. Utilities include central AC and heating (electric and oil respectively), propane hot water, and public sewer. The property's rich history as the Gap Diner, with a seating capacity exceeding 200, adds to its unique appeal. The asking price is $1,200,000 ($205.94 per square foot). Annual property taxes in 2022 totaled $11,903, including $10,099 in school taxes and $1,803 in county taxes. This is a fee simple ownership opportunity. The property's proximity to numerous regional and national brands further enhances its desirability. This is an ideal investment for those seeking a high-traffic, versatile commercial space in a thriving Lancaster County location.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1959
Total area 5,827 SF
Lot 2.28 ac (99,317 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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