1925 Main St Ephrata, PA 17522
- Other commercial real estate
- 57,885 SF
- 2.57 lot acres
Current Use by Public Records
- Living Faith Mennonite Church / Mennonite Church
- Fireside Design Group / Website Designer / Graphic Designer
Property Details for 1925 Main St
- Year built
- 1987
- Construction
- STEEL FRAME
- Lot size
- 2.57 lot acres
- Property size
- 57,885 SF
- Zone code
- LI
- Property type
- Other commercial real estate
- APN
- 070-20325-0-0000
- APU
- 702032500000
Description
This exceptional 36,556-square-foot industrial building, completed in 2024, presents a unique leasing opportunity. Situated on a 2.57-acre lot in Lancaster County, this single-tenant property boasts a strategic blend of warehouse and office space, perfectly suited for a variety of manufacturing, warehousing, or storage needs. The warehouse component encompasses 30,525 square feet, featuring impressive 29-foot ceilings, a comprehensive sprinkler system, and robust 800-amp electrical service. Access is provided via one 14-foot wide by 16-foot high drive-in bay and two 9-foot wide by 10-foot high dock doors, each equipped with levelers. Heating is provided by propane. The dedicated 6,032-square-foot office space offers a separate 400-amp electrical service, propane heat, and central air conditioning, ensuring a comfortable and efficient workspace. The property is zoned for Limited Industrial use and includes ample parking. Located on the former Weaver Nut property, this new construction offers a modern and functional space. The annual net-net-net (NNN) lease rate is $365,570, translating to a monthly rent of $30,464.17. This property is available for lease starting November 5th, 2024.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $900,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $600,000
- 6.5%
- $595,000
- 7%
- $590,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $690,000
- Geo Method
- $600,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $515,000
- Retail
- $655,000
- Mixed-Use
- $615,000
- Hospitality
- $675,000
- Educational
- $590,000
- Residential Income
- $700,000
- Energy
- $540,000
- Income-Based Land
- $605,000
- Food Service
- $540,000
Location Insight
- Map
- Local Demand
- City
- Ephrata
- County
- Lancaster
- State
- Pennsylvania
- Longitude
- -76.2221
- Latitude
- 40.2083
- CBSA code
- 29540
- CBSA name
- LANCASTER, PA METROPOLITAN STATISTICAL AREA
