Technical
Financial
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Property profile

550 Main St Shrewsbury, PA 17361

OFF-MARKET
Retail space
Property ID
US73-2436394
1,800 SF 0.86 ac lot Built 1978
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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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

Location

550 Main St Shrewsbury, PA 17361-1739
Shrewsbury metro Census 23823 YORK-HANOVER, PA METROPOLITAN STATISTICAL AREA
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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

since 2024
Last sale
$700,000
2 recorded transactions
2024
$700,000
2022
$490,000

Zoning & alternative use

CM · Shrewsbury, PA

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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