717 Market St Lemoyne, PA 17043
- Community centers
- 19,741 SF
- 1.11 lot acres
Current Use by Public Records
- Community centers
Property Details for 717 Market St
- Lot size
- 1.11 lot acres
- Property size
- 19,741 SF
- Property type
- Community centers
- APN
- 12-21-0267-246
- APU
- 12210267246
Description
This exceptional medical office building, situated at 717 Market Street in Lemoyne, Pennsylvania, presents a unique investment opportunity. The 19,241 square foot building, constructed in 1991 and renovated in 2010, sits on a 1.11-acre lot and is zoned for mixed use. Currently, there are two available suites totaling 8,210 square feet of vacant space. One suite offers 5,814 contiguous square feet, featuring a pre-designed medical floor plan complete with existing plumbing and recent upgrades. This space includes a reception and waiting area, multiple private offices or exam rooms, conference rooms, and ample workspace. A second, smaller suite of 2,336 square feet is also available, ideal for a traditional office user requiring private offices and meeting spaces. The building offers common lot parking. The property's convenient location on Market Street in Lemoyne places it amongst established businesses such as The UPS Store, Miracle Ear, and H&R Block, ensuring high visibility and foot traffic. The minimum divisible space is 2,336 square feet, with a maximum contiguous space of 5,814 square feet. The Cumberland County property (APN: 12-21-0267-246) offers a compelling opportunity for medical professionals or businesses seeking a well-maintained and strategically located space in a thriving community. This is a multi-tenant building.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,955,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,450,000
- 6.5%
- $3,215,000
- 7%
- $3,070,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,900,000
- Geo Method
- $3,360,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $4,230,000
- Retail
- $4,160,000
- Mixed-Use
- $3,795,000
- Hospitality
- $3,590,000
- Educational
- $3,445,000
- Residential Income
- $3,195,000
- Energy
- $3,345,000
- Income-Based Land
- $3,720,000
- Food Service
- $3,190,000
Location Insight
- Map
- Local Demand
- City
- Lemoyne
- County
- Cumberland
- State
- Pennsylvania
- Longitude
- -76.9009
- Latitude
- 40.2445
- CBSA code
- 25420
- CBSA name
- HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA
