1681 Crown Ave Lancaster, PA 17601
- Office Properties & Spaces
- 10,304 SF
- 0.90 lot acres
Current Use by Public Records
- o / Financial Planner
- Jamie Minick / Counselor
- Daniel Jensen / Counselor / Practitioner Service Location
- Deanna Figueroa / Social Worker
- Parenting & Family Solutions / Mental Health Service
Property Details for 1681 Crown Ave
- Year built
- 1984
- Construction
- BRICK
- Lot size
- 0.90 lot acres
- Property size
- 10,304 SF
- Zone code
- B-2
- Property type
- Office Properties & Spaces
- APN
- 390-68129-0-0000
- APU
- 3906812900000
Description
This exceptional Lancaster, PA office building at 1681 Crown Ave offers a fantastic opportunity for businesses seeking flexible and well-appointed space. The property, built in 1984, is a two-story building encompassing approximately 2,816 square feet of traditional office space, currently divided into three available suites ranging from 500 to 2,816 square feet. The building features a total of 50 parking spaces for tenant and visitor convenience. Located in Lancaster County, within the B2 zoning district, this property benefits from a highly visible location with prominent signage opportunities on the building monument sign, lobby directory, and suite doors. One of the suites has recently undergone upgrades, including fresh paint and new carpeting, and boasts abundant natural light from numerous windows. This suite also includes a private restroom and roughed-in plumbing, making the addition of a kitchen a simple undertaking. The two adjoining suites can be easily connected via an interior door or opening, providing the flexibility to create a larger, cohesive workspace. This property presents a unique opportunity to establish a strong presence in a desirable Lancaster location. The building's convenient layout and modern amenities make it an ideal choice for a variety of businesses.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,185,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,320,000
- 6.5%
- $1,460,000
- 7%
- $1,455,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,195,000
- Geo Method
- $1,520,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,505,000
- Retail
- $1,160,000
- Mixed-Use
- $1,165,000
- Hospitality
- $1,400,000
- Educational
- $1,110,000
- Residential Income
- $1,240,000
- Energy
- $1,510,000
- Income-Based Land
- $1,415,000
- Food Service
- $1,145,000
Location Insight
- Map
- Local Demand
- City
- Lancaster
- County
- Lancaster
- State
- Pennsylvania
- Longitude
- -76.3023
- Latitude
- 40.066
- CBSA code
- 29540
- CBSA name
- LANCASTER, PA METROPOLITAN STATISTICAL AREA
