315 James St Lancaster, PA 17603
- Office Properties & Spaces
- 1,111 SF
Current Use by Public Records
- Lancaster Office / General Practice Attorney
- Nicole Temons, LPC / Counselor
- Reology / Event Venue / Art Center
- Liberty Environmental Inc. / Environmental Engineer / Environmental Consultant
- CS Davidson, Inc. / Engineering Consultant / Civil Engineer
Property Details for 315 James St
- Year built
- 1940
- Construction
- BRICK
- Property size
- 1,111 SF
- Zone code
- MU
- Property type
- Office Properties & Spaces
- APN
- 339-91309-1-0203
- APU
- 3399130910203
Description
This exceptional 1,393-square-foot office suite is ideally situated on the first floor of a handicap-accessible building in Lancaster, Pennsylvania's vibrant downtown. The renovated space boasts three private offices, a dedicated conference room, ample workstation space, a convenient waiting room, a kitchenette, and a full bathroom. Located within the James Street Improvement District, this mixed-use property offers unparalleled access to amenities and public transportation. Benefit from on-site parking with 80 spaces in a rear lot, supplemented by convenient on-street parking on West James and North Mulberry Streets. Red Rose Transit's Bus Route #1 stops directly in front of the building, ensuring easy commutes. Enjoy a Walk Score of 94, placing you within walking distance of an array of shops, restaurants, and entertainment venues, including the Lancaster Arts Hotel, The Fridge, Champion Forge (Mean Cup & Sukhothai), Harrisburg Pike, Franklin & Marshall College, and Lombardo's Restaurant. The property is zoned MU - Mixed Use (APN: 3399130910210). The lease rate is $9.95 per square foot, NNN. The monthly rent is $13,855.03, plus NNN fees and utilities. Available November 15, 2024.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $445,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $320,000
- 6.5%
- $380,000
- 7%
- $380,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $390,000
- Geo Method
- $405,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $350,000
- Retail
- $430,000
- Mixed-Use
- $345,000
- Hospitality
- $415,000
- Educational
- $325,000
- Residential Income
- $360,000
- Energy
- $435,000
- Income-Based Land
- $385,000
- Food Service
- $405,000
Location Insight
- Map
- Local Demand
- City
- Lancaster
- County
- Lancaster
- State
- Pennsylvania
- Longitude
- -76.3126
- Latitude
- 40.0457
- CBSA code
- 29540
- CBSA name
- LANCASTER, PA METROPOLITAN STATISTICAL AREA
