55 New St Ephrata, PA 17522
- Manufacturing properties
- 42,560 SF
- 1.69 lot acres
Current Use by Public Records
- Schola Inbound Marketing / Internet Marketing Service
- Kwality Co Wholesale / Wholesaler
- Reflexology and Acupressure Ephrata PA / Reflexologist
- Life Awakening / Non-Profit Organization
- EmBODY Confidence Counseling, LLC / Mental Health Service
Property Details for 55 New St
- Year built
- 1940
- Construction
- BRICK
- Lot size
- 1.69 lot acres
- Property size
- 42,560 SF
- Zone code
- PMD
- Property type
- Manufacturing properties
- APN
- 260-13221-0-0000
- APU
- 2601322100000
Description
This exceptional industrial property, located at 55 New Street in Ephrata, Pennsylvania (zip code 17522), offers a prime opportunity for businesses seeking warehouse space. The property, zoned NCD Neighborhood Commercial (APN 260-13221-0-0000), encompasses a total of 81,512 square feet across two suites on a 1.69-acre lot. Currently, there are 58,356 square feet of vacant space available, with a minimum divisible unit of 17,600 square feet and a maximum contiguous space of 40,756 square feet. The building features robust 3-phase power with three separate 600-amp inputs, making it suitable for a variety of industrial uses. Ample parking is provided with 97 spaces. The property is part of New Street Commons, a thriving business community. While approximately 21,449 square feet of the vacant space is unfinished, this presents a unique opportunity for customization to meet specific business needs. This location offers excellent access to transportation networks and is situated within a well-established commercial area. The property is ideal for owner-users seeking significant space or businesses requiring flexible lease options. This is a rare opportunity to secure substantial warehouse space in a desirable location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $905,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $935,000
- 6.5%
- $845,000
- 7%
- $880,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $960,000
- Geo Method
- $865,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $995,000
- Retail
- $900,000
- Mixed-Use
- $905,000
- Hospitality
- $895,000
- Educational
- $865,000
- Residential Income
- $810,000
- Energy
- $915,000
- Income-Based Land
- $725,000
- Food Service
- $770,000
Location Insight
- Map
- Local Demand
- City
- Ephrata
- County
- Lancaster
- State
- Pennsylvania
- Longitude
- -76.1693
- Latitude
- 40.182
- CBSA code
- 29540
- CBSA name
- LANCASTER, PA METROPOLITAN STATISTICAL AREA