53 James St Lancaster, PA 17603
- Office Properties & Spaces
- 21,600 SF
- 0.15 lot acres
Current Use by Public Records
- 极速赛车 / Advertising Agency / Marketing & Advertising
- BrandYourself / Corporate Office
- RGS Associates Inc. / Landscaping / (Bike/Boat/Book/etc) Store
- RGS Associates / Landscaping / (Bike/Boat/Book/etc) Store
- HelloPrivacy / (Bike/Boat/Book/etc) Store / Corporate Office
Property Details for 53 James St
- Year built
- 1910
- Construction
- BRICK
- Lot size
- 0.15 lot acres
- Property size
- 21,600 SF
- Zone code
- MU
- Property type
- Office Properties & Spaces
- APN
- 339-92183-0-0000
- APU
- 3399218300000
Description
This exceptional 4,817-square-foot executive office space at 53 West James Street in Lancaster, Pennsylvania, presents a unique opportunity for a single tenant. Located on a 0.15-acre lot, this building boasts a rich history, originally constructed in 1910 and extensively renovated in 2015. The entire space is currently vacant and ready for immediate occupancy. The property features convenient amenities including dedicated fee-based parking, ensuring ample space for employees and clients. An elevator provides easy access to all floors. The building is zoned for mixed use, offering flexibility for a variety of business operations. The property's address is 53 W James St, Lancaster, PA 17603, and its Assessor's Parcel Number (APN) is 339-92183-0-0000. This location offers a blend of historical charm and modern functionality, making it an ideal setting for a discerning business seeking a prestigious and well-maintained office space. The entire 4,817 square feet is available for lease. The property's strategic location within Lancaster provides easy access to local amenities and transportation networks. This is a rare opportunity to secure a substantial, fully renovated executive office space in a desirable Lancaster location.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $4,470,000
- 6.5%
- $4,125,000
- 7%
- $3,830,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $4,683,000
- AI Estimate
- $4,467,000
Market price range: $3.62M - $8.43MMarket price range: $2.55M - $8.66M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $5,595,000 Current use
- MEDICAL BUILDING
- $4,915,000 Change: -12% Conversion: Easy
- RETAIL STORES
- $4,705,000 Change: -16% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Lancaster
- County
- Lancaster
- State
- Pennsylvania
- Longitude
- -76.309
- Latitude
- 40.0459
- CBSA code
- 29540
- CBSA name
- LANCASTER, PA METROPOLITAN STATISTICAL AREA