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Property profile & analytics
OFF-MARKET Estimated value $14,005,000
Office Spaces

26 Cedar St Lititz, PA 17543-1514

112,382 SF 3.1 ac lot Built 1988
Individually Owned 5-yr Hold Free & Clear
Property ID
US73-0655152
Property summary
AI-generated overview

The Mill Building, located at 26 N Cedar St, Lititz, PA 17543, presents a unique investment opportunity. This landmark three-story traditional office building offers 97,902 square feet of vacant space, ideal for a single large tenant or multiple smaller tenants. Situated on a 10.06-acre lot in Lancaster County, the property boasts ample parking, providing 400 spaces per 1,000 square feet. The building has undergone significant renovations in 1973, 1989, and 2018, ensuring modern amenities and functionality. Its prime location in the heart of downtown Lititz offers excellent visibility and accessibility. The property's size and flexible layout cater to a variety of business needs, making it a highly desirable asset in a thriving Pennsylvania community. This is a for-sale-by-owner opportunity to acquire a substantial and well-maintained office building with a rich history and significant potential for future growth. The building's substantial size and convenient parking make it an attractive option for businesses seeking a prominent presence in Lititz. The property's history and location combine to create a unique and compelling investment opportunity.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1988
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 112,382 SF
Lot 3.1 ac (135,036 SF)
Zoning code I
APN 370-43622-0-0000
UPID US73-0655152
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$9.33M
Blend (final) Blend
$14.01M
Owner & transaction history
Borough Of Lititz · 5 yrs held
Borough Of Lititz
since 2020
4 recorded transactions
2020
Price N/A
2018
$9.0M
2018
Price N/A
1999
$7,497
Zoning & alternative use
I · Lititz, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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