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Property profile & analytics

240 Harrisburg Ave Lancaster, PA 17603

  • Retail space
  • 18,630 SF
  • 0.50 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US73-0319229
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Dream Weddings / Wedding Service
  • House of Clarendon / Bakery / Cafe
  • Shumaker PDT / Event Technology Service / Event Management Company
  • The Seamworks In Lancaster / Software Company

Property Details for 240 Harrisburg Ave

Year built
1984
Construction
FRAME
Lot size
0.50 lot acres
Property size
18,630 SF
Zone code
MU
Property type
Retail space
APN
339-22626-0-0000
APU
3392262600000

Description

This exceptional 3,802 square foot retail space, ideally situated at 240 Harrisburg Avenue, presents a fantastic opportunity for food and beverage businesses. Boasting prime visibility with over 14,000 vehicles passing daily, this single-tenant property benefits from its proximity to key attractions including Franklin & Marshall College, Clipper Magazine Stadium, Lancaster Arts Hotel, Lombardo's, and The Heart Group, ensuring high foot traffic and brand exposure. The space features a full commercial kitchen, complete with a hood system (subject to inspection), ready for immediate use. Four private rooms, a built-out café service area, and three restrooms provide ample functionality. The property includes four free on-site parking spaces, a significant advantage for both staff and customers. Large storefront glass windows and signage offer unparalleled free marketing opportunities. The interior is highly adaptable, allowing for customization to suit specific business needs; tenants have the option to remove interior walls and kitchen components. The property is zoned for mixed use, providing flexibility for a variety of businesses. The base rent is $17 per square foot ($5,386.17/month), with additional charges of $0.82 per square foot for CAM ($260/month) and annual property taxes ($11,806.37/year). This turnkey space is ready for immediate occupancy.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $3,006,000
    Market price range: $2.48M - $5.87M
    AI Estimate
    $1,700,000
    Market price range: $1.27M - $3.51M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Lancaster
County
Lancaster
State
Pennsylvania
Longitude
-76.3115
Latitude
40.0464
CBSA code
29540
CBSA name
LANCASTER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$34,224
$150,000
$714,900
$864,900
-
$150,000
$714,900
$864,900
More about this property
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