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Financial
Distress signals
Property profile

1935 Columbia Ave Lancaster, PA 17603

FOR SALE
Drive through restaurants
Property ID
US73-2303175
4,454 SF 0.42 ac lot Built 1973
Last sale May 2015
Trust Owned Owner of record is a trust. 11-yr Hold Held for 11 years. Free & Clear No active or open recorded mortgage detected.
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1935 Columbia Ave, Lancaster, PA 17603 For Sale
$795,000 4,454 SF
1935 Columbia Ave, Lancaster, PA 17603
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Property summary

AI-generated overview

1935 Columbia Ave is a two-story, 4,454-square-foot commercial building on approximately 0.42 acres along Columbia Avenue in East Hempfield Township. The ground floor is configured for quick-service restaurant use, and the upper level contains two residential apartments, creating a mixed commercial-and-residential layout. The building was originally constructed in 1973 and underwent renovations in 1984. It is located within CBC zoning, which allows a broad range of retail, restaurant, and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$13k
Tax billed · 2024
Assessed value$615k
Assessed land$190k
Assessed improvement$425k
Effective rate2.16%

Value estimate

· Oct 2026
$460k
$414k – $506k
Submarket $/SF estimate$804k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$204/SF
ZIP average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$129 – $360
Qualifying comparables10

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
HC
Parking garages. Parking garages shall be permitted as uses by right as accessory uses in the HC District and may be located on a separat...
General categoryCIVIC_INSTITUTIONAL
JurisdictionLANCASTER

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency17.6
Building Supply13.6
Parking Facility13.4

Location

1935 Columbia Ave Lancaster, PA 17603
County assessor Recorded deeds · 2 transfers 10 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
701 Queen, Lancaster, PA 17603-2737 $375,000 Jun 2025 4,418 SF
101 Queen, Lancaster, PA 17603-5366 $500,000 Apr 2025 4,830 SF
128 Strawberry, Lancaster, PA 17603-3913 $350,000 Mar 2025 6,477 SF
463 Prince, Lancaster, PA 17603-5601 $268,000 Aug 2024 3,160 SF
773 Mnr, Lancaster, PA 17603 $675,000 Aug 2024 3,054 SF
701 Columbia, Lancaster, PA 17603-3634 $1,600,000 Jul 2024 6,729 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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