Property profile

13 Market St York, PA 17401

OFF-MARKET
Investment properties
Property ID
US73-1649869
11,760 SF 0.16 ac lot Built 1900
Individually Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This three-story, 15,000-square-foot mixed-use building, constructed in 1900, presents a compelling value-add investment opportunity in York, Pennsylvania. Located at 13 West Market Street, this Class B property sits on a 0.15-acre lot and boasts 13,000 square feet of net rentable space, currently priced at $32 per square foot, with an asking price of $480,000. The building features a mix of commercial and multifamily potential, currently occupied on the first floor by Liberty Tax. The upper two floors are vacant, offering significant upside potential for either additional office space or conversion into apartments. The property is zoned for commercial use and includes an elevator and convenient back entrance off Cherry Lane alley. This fee-simple ownership offers a rare chance to acquire a well-located building in a vibrant area of York City, allowing for diverse income streams and future development. The building's brick exterior and central location within the West Market Street block of the square contribute to its strong visual appeal and potential for high occupancy rates. This is an excellent opportunity for investors seeking to add a substantial, mixed-use property to their portfolio.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1900
Total area 11,760 SF
Lot 0.16 ac (6,882 SF)
Zoning code CM
APN 02-021-01-0006.00-00000
UPID US73-1649869

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
  • Law Firm
  • Law Firm
  • Law Firm
  • Accounting Firm Tax Preparation

Location

13 Market St York, PA 17401-1205
York metro Census 100 YORK-HANOVER, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$70k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$70k

Owner & transaction history

since 2024
Last sale
$67,500
6 recorded transactions
2024
$67,500
2020
$135,000
2020
Price N/A
2018
Price N/A
2018
Price N/A
2017
$25,189

Zoning & alternative use

CM · York, PA

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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