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Property profile & analytics

801 Prince St Lancaster, PA 17603-5811

  • Auto shops
  • 2,254 SF
  • 0.22 lot acres
OFF-MARKET
Last Sale
Feb 02, 2024
$360,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US73-1513681
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

  • Gemmill's Body Shop / Auto Repair Shop

Property Details for 801 Prince St

Year built
1948
Construction
STEEL FRAME
Lot size
0.22 lot acres
Property size
2,254 SF
Zone code
C2
Property type
Auto shops
APN
334-16006-0-0000
APU
3341600600000

Description

This exceptional investment opportunity presents a fully operational auto repair, body, and paint shop ideally situated in Lancaster City at 801 S Prince Street. Boasting a prime corner location on a 0.22-acre lot, this property offers unparalleled visibility and convenient access to downtown Lancaster. The building's strategic placement is further enhanced by its proximity to a new, mixed-use development, promising increased foot traffic and potential clientele. The 2,254 square foot facility includes three separate bay doors, providing ample space for various automotive services. A dedicated paint area, equipped with a paint booth and heater, caters to body repair needs. The shop also features a comfortable office waiting area and over 20 parking spaces, ensuring convenience for both customers and staff. Included in the sale are two car lifts, an air compressor, and all paint booth equipment. This turnkey operation presents a rare opportunity for investors, entrepreneurs, or established mechanics seeking expansion. The existing business is included in the sale, offering immediate revenue potential. This is a truly remarkable opportunity to acquire a well-established and profitable business in a rapidly developing area of Lancaster City. The asking price is $450,000.


Value Estimations

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Location Insight

  • Map
  • Local Demand
City
Lancaster
County
Lancaster
State
Pennsylvania
Longitude
-76.305
Latitude
40.0248
CBSA code
29540
CBSA name
LANCASTER, 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
$5,148
$61,200
$68,900
$130,100
-
$61,200
$68,900
$130,100
More about this property
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