5665 Main St - Office FOR SALE


East Petersburg, PA 17520
$5,500,000 USD
717-850-8783
5665 Main St, East Petersburg, PA for Sale
$5,500,000 USD
Office - FOR SALE
1/9
null | 8.15% Cap Rate

5665 Main St
East Petersburg, PA 17520


OVERVIEW

Strategically located at the high-traffic intersection of Route 72 (Main Street) and Miller Road, the Village Commons Medical Building anchors the Village Commons neighborhood shopping center in East Petersburg, PA. Originally built in 1989 and redeveloped in 2014, the building has been carefully updated to enhance both its aesthetics and functionality. This condominium-style property features approx. 15,200 SF of medical office space on 1.57 acres. Key tenants include Penn Medicine Lancaster General Health - East Petersburg Family Medicine and Drayer Physical Therapy, which provide a wide range of services, including primary medical care, sports medicine, chronic care management, and wellness support. Next to the medical building is the Village Commons Shopping Center, a lively retail hub featuring 14 tenants that offer a diverse mix of retail, dining, and service-oriented businesses. Notable tenants include the U.S. Post Office, Mad Chef Brewing, China III, and Eye Check Health & Vision, among others. Situated at the southern edge of East Petersburg, Village Commons is surrounded by a well-established residential neighborhood and community amenities. The area spans approximately 1.2 square miles and boasts a small-town atmosphere with strong visibility and traffic counts of around 19,000 vehicles per day. This modest yet essential neighborhood commercial and medical complex provides convenient access to downtown Lancaster and surrounding communities. It continues to deliver vital services to the local population while maintaining the charm and community focused scale that characterizes East Petersburg.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$362 USD /SF

CAP RATE

8.15%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Village Commons Medical Building

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

87

LAND DETAILS

LAND ACRES

1.57 AC

LAND SF

68,389 SF

ZONING

Neighborhood Commercial

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Marisa BenjaminTRUE Commercial Real Estate, LLCMore Info
717-850-8783

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

Marisa BenjaminTRUE Commercial Real Estate, LLCMore Info
717-850-8783

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