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Property profile & analytics
OFF-MARKET Estimated value $2,580,000
Medical Office Space

2301 Columbia Ave Lancaster, PA 17603-4154

15,352 SF 2.5 ac lot Built 1991
Entity Owned ~ Est. High Equity
Property ID
US73-1039039
Property summary
AI-generated overview

This exceptional office space, located at 2301 Columbia Avenue, Unit LOWER LE, in Lancaster, PA, presents a unique opportunity for businesses seeking high visibility and convenient access. Situated at the intersection of Running Pump Road and Columbia Avenue, this lower-level suite boasts over 17,000 daily vehicle counts, ensuring significant exposure. The contemporary building offers a comfortable and functional layout, perfect for a variety of professional uses, including medical, office, or counseling practices. The suite features an inviting reception area, multiple private offices or exam rooms, an open collaborative workspace ideal for teamwork, and convenient restrooms. Natural light floods the space through windows on three sides, creating a bright and welcoming atmosphere. The property sits on a 2.5-acre lot and provides exceptional parking convenience with over 65 illuminated parking spaces, accessible from both Columbia Avenue and Running Pump Road. Mature landscaping enhances the aesthetic appeal and provides a pleasant outdoor environment. This is a turnkey solution for businesses seeking a well-maintained, highly visible, and easily accessible office space in a thriving Lancaster location. The property is at grade level, offering easy access and visibility. The ample parking and strategic location make this an ideal choice for businesses seeking a professional and convenient workspace.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1991
Construction BRICK
Total area 15,352 SF
Lot 2.5 ac (108,900 SF)
Zoning code HC
APN 290-90262-0-0000
UPID US73-1039039
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Dr. Swapna R. Deshpande, MD Physician
  • Central Pa Rehab Services Inc Medical Clinic
  • Evelyn Sheaffer, CRNP Physician
  • Dr. Michael C. Manolas, MD Physician
  • Point West Medical Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.45M
Comparable Approach Comparable
$2.08M
Blend (final) Blend
$2.58M
Owner & transaction history
Smkk Seva LLC
Smkk Seva LLC
since 2025
2 recorded transactions
2025
$1.8M
2025
Price N/A
Zoning & alternative use
HC · Lancaster, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $4.0M +13.8%
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