3612 Market StYork, PA 17402

  • Retail properties
  • 448 SF
For Sale
$229,900 View listing

Property Details for 3612 Market St

Year built
1973
Lot size
0.34 AC
Property size (Sq ft)
448 SF
Zone code
C-H
Property type
Retail properties
Property subtype
Gas stations
APN
46-000-JJ-0064.E0-00000
APU
46000JJ0064E000000

Description

This exceptional 448-square-foot retail property, situated on a 0.38-acre lot at 3612 E Market Street in York, Pennsylvania, presents a compelling investment opportunity. Located in the thriving East York area, this property enjoys unparalleled visibility and accessibility due to its prominent position on a heavily trafficked section of E Market Street. Its proximity to Interstate 83 and Lancaster ensures convenient access for customers and employees alike. The surrounding area is a vibrant mix of retail businesses, restaurants, residential neighborhoods, schools, and offices, creating a strong and diverse customer base. The zoning allows for a variety of uses, making this space ideal for a convenience store, office space, car rental agency, cafe, or even a car lot. The asking price is $195,000. This property offers significant potential for growth and return on investment, making it an attractive proposition for savvy investors seeking a well-located and versatile commercial space in a rapidly developing area. The building's prime location and flexible zoning regulations provide a unique opportunity to establish a thriving business in a high-demand market. Don't miss this chance to secure a piece of York's thriving commercial landscape.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $101,649
    6.5%
    $93,830
    7%
    $87,127
  • Comparable approach

    Method
    Valuation
    Relative Method
    $86,568
    Geo Method
    $71,023
  • Alternative Use

    Use
    Valuation
    Residential
    $79,149
    Hospitality
    $72,500
    Educational
    $60,319
    Medical
    $62,393
    Retail
    $93,830
3612 Market St, York, Pennsylvania
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Location Insight

City
York
County
York
State
Pennsylvania
Latitude
39.9824
Longitude
-76.6513
CBSA code
49620
CBSA name
YORK-HANOVER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$4,662
$109,250
$49,360
$158,610
-
$109,250
$49,360
$158,610

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