1601 Queen StYork, PA 17403

Property Details for 1601 Queen St

Year built

1971

Lot size

0.60 AC

Property size (Sq ft)

1,922 SF

Zone code

CM

Property type

Healthcare properties

Property subtype

Medical offices

APN

48-000-21-0202.C0-00000

APU

48000210202C000000

Description

This two-story, 5,505 square foot office building is situated on a 0.477-acre lot in York, Pennsylvania, at 1601 South Queen Street, zip code 17403. Built in 1974, the property features two units and is zoned Apartment-Office (A-O). It's one of five free-standing buildings within the Tri Hill Professional Center Owners Association, offering excellent visibility and accessibility. The building boasts 17 private parking spaces, in addition to a pro-rata share of the main parking area. Association fees cover shared parking maintenance, including snow and ice removal. The main floor comprises a waiting room, administrative area, conference room, and eight private offices. The lower level includes a kitchen, a conference area, four private offices, storage, and mechanical rooms. The property enjoys a central location near York Hospital and Interstate 83, providing convenient access to major transportation routes. ACNB Bank's York LP Office is also nearby. This is a fantastic opportunity to acquire a well-maintained, established office building in a high-demand area.

• CAP approach

  CAP return

  Valuation

  6%

  $296,661

  6.5%

  $273,841

  7%

  $254,281

• Comparable approach

  Method

  Valuation

  Relative Method

  $147,378

  Geo Method

  $120,913

• Alternative Use

  Use

  Valuation

  Residential

  $339,562

  Hospitality

  $311,037

  Educational

  $258,779

  Medical

  $267,679

  Retail

  $402,546

Location Insight

City

York

County

York

State

Pennsylvania

Latitude

39.9437

Longitude

-76.7052

CBSA code

49620

CBSA name

YORK-HANOVER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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