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    Property profile & analytics
    OFF-MARKET Estimated value $900,000
    Retail space

    878 Main St, Ephrata, PA 17522-2562

    9,002 SF 0.91 ac lot Built 1880
    Individually Owned 11-yr Hold ~ Est. High Equity
    Property ID
    US73-1369227
    Property summary
    AI-generated overview

    This exceptional 2.69-acre mixed-use property in Ephrata, PA, presents a unique investment opportunity. Located at 878 E Main Street, this site boasts a prime location with excellent visibility and high traffic counts – 22,000 vehicles daily on East Main Street (Route 322) and 44,000 on US Route 222. The property encompasses a total of 12,842 square feet of existing buildings, offering immediate income potential and redevelopment possibilities. Currently, the property includes 5,000 square feet of retail space featuring a showroom, office, and restrooms. An attached 2,200-square-foot shop/garage with an overhead door provides ample workspace. A detached 1,800-square-foot, five-bedroom single-family home is currently rented, generating additional income. Furthermore, a 1,920-square-foot detached block building with a garage and a separate 1,400-square-foot garage are also included. Ample parking is available on the site. This property is ideal for a variety of uses, offering the potential for expansion, redevelopment, or continued operation of the existing businesses. Given its size, location, and existing structures, this is a rare opportunity in Ephrata's thriving commercial market. The asking price is $2,500,000.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1880
    Construction FRAME
    Total area 9,002 SF
    Lot 0.91 ac (39,640 SF)
    Zoning code C-2
    APN 270-97040-0-0000
    UPID US73-1369227
    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
    Current use
    Occupant on record · Public records
    • Ephrata Cycle and Sports Motorcycle Shop
    • Honda Motorcycle Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.09M
    Blend (final) Blend
    $900k
    Owner & transaction history
    Charles T Aughinbaugh · 11 yrs held
    Charles T Aughinbaugh
    since 2014
    2 recorded transactions
    2014
    $667,788
    2007
    Zoning & alternative use
    C-2 · Ephrata, PA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $1.5M +40.5%
    Warehouse, storage $1.1M +7.2%
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