Property profile

15 Main St Strasburg, PA 17579

OFF-MARKET
Retail space
Property ID
US73-0063354
1,560 SF 0.08 ac lot Built 1850
Entity Owned 1-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This 1,745 square foot mixed-use property at 15 W Main Street, Strasburg, PA, presents a unique investment opportunity. Situated on a 0.08-acre lot in the heart of historic Strasburg, this building boasts a prime location within walking distance of the Strasburg Railroad and numerous shops, capitalizing on significant tourist traffic. Previously operated as a dine-in barbecue restaurant, the ground floor offers ample space for a variety of commercial ventures. The upper floors provide substantial residential space, including a two-bedroom, one-bathroom apartment on the second floor, and a finished third-floor bedroom and living area. This versatile property is ideal for an owner-operator seeking a blend of commercial and residential income streams, or for an investor looking to capitalize on the thriving tourism sector in Strasburg. The property is being sold "as is," offering a chance to renovate and customize to suit your specific business needs and vision. The building's historic character and central location make it an exceptional opportunity for a savvy investor or entrepreneur. Don't miss this chance to own a piece of Strasburg's vibrant commercial landscape.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1850
Construction FRAME
Total area 1,560 SF
Lot 0.08 ac (3,485 SF)
Zoning code C-1
APN 570-73614-0-0000
UPID US73-0063354

Cap rate & NOI

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

Location

15 Main St Strasburg, PA 17579-1516
Strasburg metro Census 14000 LANCASTER, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

since 2025
Last sale
$238,000
7 recorded transactions
2025
$238,000
2017
Price N/A
2017
$285,000
2006
$309,000
2005
$232,500
2004
$105,000
1969
Price N/A

Zoning & alternative use

C-1 · Strasburg, PA
Zoning description

SECTION 205 COMMERCIAL ZONE (C-1) 205.1. Purpose - The purpose of this Zone is to provide basic convenience commercial goods and services to local residents who live in the Borough. Uses have been limited to those that r…

General category COMMERCIAL

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 15 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message