16 Graybill Rd Leola, PA 17540-1908
This exceptional mixed-use investment opportunity presents two freestanding retail buildings totaling over 29,380 square feet situated on a 1.81-acre lot in Leacock-Leola-Bareville, PA. Conveniently located just off Route 23, this property boasts 50 parking spaces and offers significant flexibility with its MU (Mixed Use) zoning in Upper Leacock Township. The buildings, constructed in 1940, provide a combined 10,202 to 19,178 square feet of main-level retail space, with additional square footage available in upper levels and outbuildings. The asking price is $2,050,000, translating to approximately $69.78 per square foot. The property's ample space and versatile zoning permit a wide range of uses, including retail, daycare, and medical/dental/professional offices. The property features a 600-amp, 3-phase electrical service (PPL). The parcel's APN is 360-22745-0-0000, and ownership is fee simple. This is a rare opportunity to acquire a substantial retail property in a desirable location with significant upside potential.
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Harry's Furniture Center Furniture & Home Goods Home Decor Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
MU · Leola, PALeola. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.