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Property profile & analytics
OFF-MARKET
Office Spaces

114 Main St Ephrata, PA 17522-2765

17,558 SF 0.24 ac lot Built 1940
Entity Owned 4-yr Hold Free & Clear
Property ID
US73-2123961
Property summary
AI-generated overview

This 1,850-square-foot commercial property, located at 114 East Main Street in Ephrata, Pennsylvania, presents a unique opportunity for businesses seeking a prime location in Lancaster County's Central Business District. Built in 1940, this single-tenant space is situated in a highly visible location on Main Street, benefiting from exposure to over 14,000 vehicles daily. The property boasts excellent signage opportunities and a "Very Walkable" designation with a Walk Score of 72, attracting both pedestrian and vehicular traffic. The space features ample natural light from front-facing windows and is divisible into two adjacent suites, ideal for businesses requiring separate areas. Shared restrooms are conveniently located within the building. The property includes 75 total parking spaces, a significant advantage for customers and employees. The monthly rent of $2,400 includes real estate taxes, water/sewer, gas, electric, trash removal, landscaping/snow removal, CAM charges, and building insurance. Tenants are solely responsible for their internet service. The property is zoned for Central Business District use and is suitable for various purposes, including retail, traditional office, creative office, and medical office uses. This one-story building offers a versatile and well-maintained space in a thriving community.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1940
Construction BRICK
Total area 17,558 SF
Lot 0.24 ac (10,454 SF)
Zoning code CB
APN 260-52480-0-0000
UPID US73-2123961
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
Current use
Occupant on record · Public records
  • Zimmerman Pfannebecker Law Firm
  • KinG Brokerage, Kreider Insurance Group Insurance Agency
  • Ephrata New Covenant Church of God Church
  • Tesla's (Bike/Boat/Book/etc) Store
  • Pure It Bowling (Bike/Boat/Book/etc) Store Bowling Alley
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Brossman Center LLC · 4 yrs held
Brossman Center LLC
since 2021
Last sale
$900,000
4 recorded transactions
2024
Price N/A
2022
Price N/A
2021
$900,000
2017
$227,000
Zoning & alternative use
CB · Ephrata, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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