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Property profile & analytics

550 Main St Shrewsbury, PA 17361-1739

  • Retail space
  • 1,800 SF
  • 0.86 lot acres
OFF-MARKET
Value Estimation
$715,000
Last Sale
Oct 03, 2024
$700,000
Location Intelligence
Property ID
US73-2436394
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Retail space

Property Details for 550 Main St

Year built
1978
Lot size
0.86 lot acres
Property size
1,800 SF
Zone code
CM
Property type
Retail space
APN
84-000-03-0017.00-00000
APU
840000300170000000

Description

This exceptional Shrewsbury, PA commercial property presents a unique investment opportunity. Situated on a 0.86-acre lot at a high-traffic corner in Southern York County, this commercially zoned property boasts three separate buildings totaling 7,408 square feet, offering diverse usage possibilities. One building, a recently refurbished 3,600 sq ft one-story structure, features a new metal roof, interior renovations, a new roll-up door, and was previously used for retail and warehouse space. A second, 2,300 sq ft two-story brick building, previously used for office and residential space, includes a ramp for accessibility and recent exterior upgrades (new roof, gutters, windows, paint). Both buildings have separate utilities and could be leased individually. A third, 400 sq ft brick building, formerly a garage and office, completes the complex. The property offers approximately 380 feet of combined road frontage, with access from both S. Main Street and Constitution Avenue. Located near major roadways (I-83) and numerous businesses (CVS, Wellspan Medical, etc.), this property is ideal for owner-users or redevelopment. Built in 1978, the property is handicap accessible and offers ample parking. Seller financing is available for qualified buyers. Contact the Shrewsbury Borough for permitted uses.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $700,000
  • CAP approach

    CAP return
    Estimation
    6%
    $720,000
    6.5%
    $710,000
    7%
    $685,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $845,000
    Geo Method
    $665,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $705,000
    Retail
    $765,000
    Mixed-Use
    $775,000
    Hospitality
    $730,000
    Educational
    $730,000
    Residential Income
    $770,000
    Energy
    $760,000
    Income-Based Land
    $650,000
    Food Service
    $735,000

Location Insight

  • Map
  • Local Demand
City
Shrewsbury
County
York
State
Pennsylvania
Longitude
-76.6781
Latitude
39.7537
CBSA code
49620
CBSA name
YORK-HANOVER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$7,999
$103,660
$176,900
$280,560
-
$103,660
$176,900
$280,560
More about this property
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