240 Harrisburg Ave Lancaster, PA 17603
- Retail space
- 18,630 SF
- 0.50 lot acres
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
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,006,000
- AI Estimate
- $1,700,000
Market price range: $2.48M - $5.87MMarket price range: $1.27M - $3.51M
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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