Property profile

1 George St York, PA 17401

OFF-MARKET
Office buildings
Property ID
US73-4253551
9,232 SF 0.06 ac lot Built 1966
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This unique York City property at 1 S George St offers 10,000 square feet of versatile space across five floors. The ground floor features a main lobby, restroom, and elevator, providing convenient access to all levels. This open-plan area is ideal for a variety of retail uses and customization. The second floor is currently configured as an event space, perfect for weddings, corporate functions, or other special events. The third floor presents a large, open area with significant potential for diverse uses. The fourth floor comprises five boutique-style hotel rooms, individually equipped with GuestView for streamlined check-in/out and featuring separate HVAC zoning. This floor has been approved for short-term rentals. Finally, the fifth floor is currently set up as office space, including three large window offices, five co-working spaces, a conference room, and a bathroom. Each floor benefits from independent gas, water, and electric utilities, and the elevator offers selective floor access for enhanced tenant privacy. Recent improvements include a fully renovated roof and replacement of all windows and sprinkler systems. This property presents a multitude of opportunities for creative and profitable ventures. Located in York, PA, 17401, this one-building, five-story property is ready for its next chapter.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1966
Total area 9,232 SF
Lot 0.06 ac (2,831 SF)
Zoning code CM
APN 02-021-01-0002.00-00000
UPID US73-4253551

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel
  • Corporate Office
  • Financial Advisor
  • Car Wash
  • High School

Location

1 George St York, PA 17401-1212
York metro Census 100 YORK-HANOVER, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$555k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$555k

Owner & transaction history

since 2022
Last sale
$650,000
4 recorded transactions
2022
$550,000
2014
$515,000
2008
Price N/A
2007
$3.9M

Zoning & alternative use

CM · York, PA
Top alternative use upside
Auto repair, garage $880,000 +38.6%
Retail stores $835,000 +31.5%
Warehouse, storage $795,000 +25.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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