221 E Princess St - Office FOR SALE


York, PA 17403- East Side-York
$309,000 USD
717-725-1326
221 E Princess St, York, PA for Sale
$309,000 USD
Office - FOR SALE
1/19
null | 10.2% Cap Rate

221 E Princess St
York, PA 17403
East Side-York


HIGHLIGHTS

  • Adaptive reuse/Value add opportunity
  • UN2 Zoning district allows for multi-family apartment conversion, hybrid live-work, and a plethora of commercial uses ranging from retail to office.
  • Already separately metered, blank canvas for creative repositioning
  • Potential to collect additional income from excess parking.
  • Hybrid live work for a business looking to owner occupy
  • Neighborhood multi-unit retail/office location

OVERVIEW

Weichert, Realtors® – The Ortega Group is pleased to present the exclusive sale of 221–225 E.? Princess Street, a two-story, 5,250 SF commercial building on an 8,466 SF lot in the heart of downtown York, Pennsylvania.? Offered at $309,000, the property represents a compelling value-add opportunity for investors and owner-users seeking an established commercial presence with significant upside potential.? Built in 1955, 221–225 E.? Princess Street is a two-story stucco commercial building comprising 5,250 SF on an 8,466 SF lot.? Zoning classified as UN2 which allows for multi-family apartment conversion, hybrid live-work, and a plethora of commercial uses ranging from retail to office.? The property is centrally located in York City with strong street visibility and pedestrian traffic.? Penn Park and JL Williams Memorial Park are within a short walk.? York College of Pennsylvania and WellSpan York Hospital are both 7–10 minutes away.? The site benefits from medium traffic flow, paved road access, and a level lot.?

FOR SALE DETAILS

PRICE

$309,000 USD

PRICE/SF

$59 USD /SF

CAP RATE

10.2%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,468 SF

ZONING

UN2 (Urban Neighborhood)

APN/PARCEL ID

06-104-01-0056.00-00000

ASK ABOUT THIS PROPERTY

Kris NiehausWeichert Realtors - The Ortega GroupMore Info
717-725-1326

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Kris NiehausWeichert Realtors - The Ortega GroupMore Info
717-725-1326

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