2 Market StYork, PA 17401

Property Details for 2 Market St

Year built

1810

Lot size

0.17 AC

Property size (Sq ft)

9,792 SF

Zone code

CM

Property type

Office properties

Property subtype

Office buildings

APN

01-001-01-0021.00-00000

APU

10010100210000000

Description

This stunning 18,913 square foot, five-story Class B office building, located at 2 W Market St in York, PA's Central Business District, offers unique lease opportunities. Built in 1900 and extensively renovated in 2020, the property boasts a 0.13-acre lot and features elevator access. Currently, the fifth floor is available for lease, offering fully restored, move-in ready individual office spaces with the option to combine for larger suites. Each office is generously sized to accommodate workstations and group meeting areas. Enjoy high ceilings, large windows providing abundant natural light, and breathtaking penthouse views of downtown York and Continental Square. All utilities, including WiFi, are included in the lease, along with access to shared kitchen/breakroom and restrooms. The building is situated in a vibrant area, sharing space with established businesses such as Prince Street Café (offering rentable meeting space), The Grotto (a community co-working and artist studios space), and the Dale E. Anstine Law Firm. This is a rare opportunity to establish your business in a prestigious, historically significant building in the heart of York, PA. The building is zoned for Central Business District use.

• CAP approach

  CAP return

  Valuation

  6%

  $1,745,032

  6.5%

  $1,610,798

  7%

  $1,495,741

• Comparable approach

  Method

  Valuation

  Relative Method

  $853,626

  Geo Method

  $616,015

• Alternative Use

  Use

  Valuation

  Residential

  $1,997,390

  Hospitality

  $1,829,598

  Educational

  $1,522,204

  Medical

  $1,574,555

  Retail

  $2,367,874

Location Insight

City

York

County

York

State

Pennsylvania

Latitude

39.9622

Longitude

-76.7271

CBSA code

49620

CBSA name

YORK-HANOVER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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