2217 Lincoln Hwy Lancaster, PA 17602
- Retail space
- 16,980 SF
- 6.50 lot acres
Current Use by Public Records
- Lincoln Properties Lawn Care / Landscaper
Property Details for 2217 Lincoln Hwy
- Year built
- 1955
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 6.50 lot acres
- Property size
- 16,980 SF
- Zone code
- C-2
- Property type
- Retail space
- APN
- 310-31821-0-0000
- APU
- 3103182100000
Description
This brand-new, 8,000 square foot retail building presents a unique investment opportunity in Lancaster County's vibrant commercial corridor. Strategically located adjacent to Dutch Wonderland and directly across from Tanger Outlets, this property enjoys exceptional visibility and accessibility. The high-traffic location boasts an average daily traffic count exceeding 36,000 vehicles, ensuring significant exposure for your business. The building is divided into six available spaces, ranging in size from 550 to 1,600 square feet, offering flexibility for various retail concepts. Whether you're seeking a flagship location or a smaller space, this development provides the ideal platform to capitalize on the substantial foot traffic generated by the surrounding attractions and the bustling retail environment. The modern design and prime location make this an exceptional opportunity for businesses looking to establish a strong presence in a high-growth area. This is a rare chance to secure space in a newly constructed building within a proven retail destination, offering immediate access to a large and diverse customer base. The building's design and location are perfectly suited to attract both local residents and the significant tourist traffic that Lancaster County experiences annually. Don't miss this chance to be part of a thriving retail community.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,925,000
- ML approach
- $2,935,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,330,000
- 6.5%
- $3,075,000
- 7%
- $2,855,000
-
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $3,135,000 Current use
- RESTAURANT
- $3,955,000 Change: +26% Conversion: Easy
- MEDICAL BUILDING
- $3,865,000 Change: +23% Conversion: Difficult
- WAREHOUSE, STORAGE
- $2,975,000 Change: -5% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $2,605,000 Change: -17% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Lancaster
- County
- Lancaster
- State
- Pennsylvania
- Longitude
- -76.2222
- Latitude
- 40.0287
- CBSA code
- 29540
- CBSA name
- LANCASTER, PA METROPOLITAN STATISTICAL AREA
