Property profile

4 Decatur St Strasburg, PA 17579

OFF-MARKET
Commercial land
Property ID
US73-1537889
0.14 ac lot
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1,020 square foot commercial space, located in the charming "Old Bank Building" in historic downtown Strasburg, Pennsylvania, is perfect for a variety of businesses. Situated on the first floor, this single-tenant space offers convenient access and ample parking. The property features central air conditioning and is handicap accessible. The space is classified as both traditional and creative office space, making it suitable for a range of professional uses. A shared conference room is available for tenant use, adding a valuable amenity. Utilities are the responsibility of the tenant, including electricity, water, and sewer. The property is located at 4 S Decatur St, Strasburg, PA 17579. This prime location offers excellent visibility and accessibility within the vibrant heart of Strasburg. The space will become available on February 1st, 2025. The property type is listed as Retail, Office, and Special Purpose.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.14 ac (6,098 SF)
Zoning code C-1
APN 570-98815-0-0000
UPID US73-1537889

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4 Decatur St Strasburg, PA 17579
Strasburg metro Census 14000 LANCASTER, PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2024
1 recorded transaction
2024
$880,000

Zoning & alternative use

C-1 · Strasburg, PA
Zoning description

SECTION 205 COMMERCIAL ZONE (C-1) 205.1. Purpose - The purpose of this Zone is to provide basic convenience commercial goods and services to local residents who live in the Borough. Uses have been limited to those that r…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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