Address
55 New Street Ephrata, PA
Price
$ 3,000,000
Property Attributes
  • MLS#PALA176418
  • TypeCommercial
  • CountyLANCASTER
  • CityEphrata
  • AreaEphrata Boro
  • Zip17522
  • StyleBig Box Retail,Cross Dock/Truck Terminal,Day Care
  • Year Built1940
  • Taxes$ 20516
  • Price$ 3,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage46000
  • Lot Size1.69 Acres
Listing Provided Courtesy Of:
J.R. Heller.Com, LLC
Data Source:
Bright MLS - 382 - MD
Property Description

AMAZING INVESTMENT 39 Long term tenants in place. Positive cash flow right from purchase. Come check out the New St. Commons. Home to over 30 businesses of all sizes and types. The building’s history dates back to 1940 when it was first home to Dutch Maid. The building saw several large additions over the next few decades and eventually became home to Dockeckers and was used as their mail order and office building. Over the last few years it has been undergoing major renovations and has been turned into a co op of sorts for businesses.

Price History
1/22/2021 Listed $3,000,000

General Features

Acceptable Financing Cash, Conventional
Accessibility 2+ Access Exits, Elevator, Other
Business Type Big Box Retail, Cross Dock/Truck Terminal, Day Care Facility, Flex, Garden Center, Hair Salon and Spa, Health Club, Manufacturing, Medical, Other/General Retail, Parking Lot
Construction Materials Brick
Cool Fuel Other
Cooling Other
County LANCASTER
Days on Market 231
Heating Other
MLS Area Ephrata Boro (10526)
Municipality EPHRATA BORO
New Construction No
Ownership Fee Simple
Possession Negotiable
Price Per Sq Ft 70.49
Property SubType Mixed Use
Property Type Commercial Sale
Sewer Public Sewer
Tax Annual Amount 20516.0
Tax Year 2020
Vacation Rental Y/N No
Water Access Y/N No
Zoning MIXED USE

Interior Features

Central Air Y/N No
Heating Fuel Other
Heating Y/N Yes
Hot Water Other

Exterior Features

Building Area Total 42560.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 1.69
Lot Size Source Assessor
Lot Size Square Feet 73616.00
Navigable Water Y/N No
Parking Features Private, Public
Type of Parking Other, On Street, Parking Lot
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 17522

Price
AVG $450K
$3M
Taxes
AVG $83,846
$20,516
Visits
AVG 139
65
Year Built
AVG 1972
1940
Walkscore
AVG 61
68
Data Provided by Walkscore ® not using MLS data

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