311 Harrisburg Ave - Warehouse FOR SALE


Lancaster, PA 17603- Stadium District
$4,500,000 USD
717-940-2253
311 Harrisburg Ave, Lancaster, PA for Sale
$4,500,000 USD
Warehouse - FOR SALE
1/9
null | Request Cap Rate

311 Harrisburg Ave
Lancaster, PA 17603
Stadium District


HIGHLIGHTS

  • Absolute net lease structure with tenant responsible for all expenses.
  • MU zoning allows for flexible mixed-use applications.
  • Located on Harrisburg Avenue with strong visibility and traffic count of 14,664 vehicles per day.
  • Parking for approximately 20 vehicles on-site.

OVERVIEW

This offering features an absolute net leased commercial investment property located at 311 Harrisburg Avenue in Lancaster, Pennsylvania. The building spans approximately 18,495 square feet on a 0.36-acre parcel and is currently occupied by The Exterior Company, LLC under a long-term lease. The property delivers a stable income stream with a net operating income of $297,052 annually and a lease expiration date of December 31, 2028, with two additional two-year renewal options. The site benefits from MU (Mixed Use) zoning and is positioned along Harrisburg Avenue, which sees an average traffic count of 14,664 vehicles per day. Utilities include public water and sewer, 400-amp electric service (3-phase), and gas-forced heat with central air conditioning. Parking accommodates approximately 20 vehicles. Offered at $4,500,000, this asset provides investors with a secure, income-producing property in a growing Lancaster market.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$243 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Tabacco Warehouse

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1970

UTILITIES

-

CLEAR CEILING HT

14 Ft

DOCKS

1

DRIVE INS

1

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.36

LAND SF

15,682

ZONING

MU

APN/PARCEL ID

339-13215-0-0000

ASK ABOUT THIS PROPERTY

Joseph MaserU.S. Commercial RealtyMore Info
717-940-2253

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Joseph MaserU.S. Commercial RealtyMore Info
717-940-2253

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