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Property profile & analytics
OFF-MARKET Estimated value $700,000
Retail space

550 Main St Shrewsbury, PA 17361-1739

1,800 SF 0.86 ac lot Built 1978
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US73-2436394
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1978
Total area 1,800 SF
Lot 0.86 ac (37,505 SF)
Zoning code CM
APN 84-000-03-0017.00-00000
UPID US73-2436394
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
$700k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$700k
Owner & transaction history
Jay Dipoma Shrewsbury LLC · 1 yrs held
Jay Dipoma Shrewsbury LLC
since 2024
Last sale
$700,000
2 recorded transactions
2024
$700,000
2022
$490,000
Zoning & alternative use
CM · Shrewsbury, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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