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    FOR SALE
    Individual retail properties

    105 Warwick St, Lititz, PA 17543

    12,536 SF 0.34 ac lot Built 1950
    Individually Owned 5-yr Hold Free & Clear
    Property ID
    US73-2288456
    Property summary
    AI-generated overview

    This exceptional 13,000-square-foot retail building is situated on a 0.34-acre lot in the desirable Lititz Springs area of Lititz, Pennsylvania (zip code 17543). The property, located at 105 Warwick Street, is classified as a Class B building and features a single tenancy. The asking price is $1,170,000, translating to a price per square foot of $90. The building boasts an open-concept design, previously utilized as a gym/fitness studio and beauty salon, offering considerable flexibility for a variety of commercial uses. Its zoning, Lititz Run Revitalization District (LRRD), allows for a range of possibilities, including banks, restaurants, and other retail establishments. A significant advantage is its location directly across from a newly constructed 169-unit apartment complex, ensuring high visibility and foot traffic, providing a built-in customer base. The property's APN is 370-2371284-304226-0-0000. This presents a unique opportunity to establish a business in a thriving community with excellent potential for growth and success. The building is ready for immediate occupancy.

    Property profile
    Verified
    Property type Individual retail properties
    Use group GYM, HEALTH SPA
    Year built 1950
    Construction BRICK
    Total area 12,536 SF
    Lot 0.34 ac (14,810 SF)
    Zoning code I
    APN 370-28426-0-0000
    UPID US73-2288456
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    John M Tice · 5 yrs held
    John M Tice
    since 2021
    4 recorded transactions
    2021
    2014
    $500,000
    1969
    1969
    Zoning & alternative use
    I · Lititz, PA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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