1195 Ivy Dr - Manufacturing FOR SALE


Lancaster, PA 17601- Outer Lancaster
$6,950,000 USD
717-399-9361
1195 Ivy Dr, Lancaster, PA for Sale
$6,950,000 USD
Manufacturing - FOR SALE
1/40
null | 6.49% Cap Rate

1195 Ivy Dr
Lancaster, PA 17601
Outer Lancaster


HIGHLIGHTS

  • Fully Conditioned Warehouse
  • Oversized Training Room
  • Potential Building Expansion of +/- 20,000 SF

OVERVIEW

INCREDIBLE INVESTMENT OR OWNER USER OPPORTUNITY!! Welcome to 1195 Ivy Dr., a 47,555 SF Industrial Flex Building in West Hempfield Township. This trophy property features approximately 12,000 SF of Class A office and 35,000 SF of fully conditioned warehouse/manufacturing space on a 5.3 acre corner lot. The building features 125+ parking spaces, 3 dock doors with levelers, a 12’x12’ drive-in door, and 2,000+ AMPs of Power. Unique building amenities include large training room with kitchen, employee fitness center, and locker room with showers. Favorable I-2 Zoning allows a multitude of uses including industrial, manufacturing, and outdoor storage of equipment or building materials by right. This centrally located building is 6 minutes from Rt. 30 (Centerville Rd.) or Rt. 283 (Spooky Nook Rd.) providing seamless access to Harrisburg, York, and Lancaster. Potential for +/- 20,000 SF warehouse expansion with ceiling heights up to 60ft leave room for long term growth (no currently approved building plan). The existing tenant has an Absolute Net Lease in place through December of 2029 however they would vacate for an owner user. This rare opportunity won’t last long. Call Sable Commercial Realty to schedule your showing today! 717-399-9361.

FOR SALE DETAILS

PRICE

$6,950,000 USD

PRICE/SF

$159 USD /SF

CAP RATE

6.49%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

undefined, Showroom, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1958

UTILITIES

Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

14.5 Ft

DOCKS

3

DRIVE INS

1

PARKING SPACES

125

LAND DETAILS

LAND ACRES

5.33

LAND SF

231,996

ZONING

I-2

APN/PARCEL ID

300-04709-0-0000

ASK ABOUT THIS PROPERTY

Christine SableSable Commercial RealtyMore Info
717-399-9361

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Christine SableSable Commercial RealtyMore Info
717-399-9361

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.