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105 Warwick St Lititz, PA 17543

Individual retail properties Google Maps
12,536 SF 0.34 ac lot Built 1950
Individually Owned 5-yr Hold Free & Clear
Estimated value (blended)
$410k
Range $369k – $451k (±10%)
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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$410k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$410k

Owner & transaction history

since 2021
4 recorded transactions
2021
Price N/A
2014
$500,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

I · Lititz, PA
Zoning description

eption. h. Real estate signs shall not exceed twenty-four (24) square feet and shall be removed within a week after settlement on the sale or lease of the property. Such signs are limited to one (1) per street frontage.…

General category INDUSTRIAL

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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