1003 George StYork, PA 17404

For Sale
$679,900

Prime Income-Producing Office & Retail

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional value-add investment opportunity, located at 1003 N George St in York, Pennsylvania, presents a unique blend of office, retail, and residential income streams. The property, built in 1913, comprises a two-story building totaling 4,160 square feet situated on a 0.09-acre lot. The building features two ground-floor retail spaces currently leased, along with five private offices on the second floor, also under lease. An additional occupied apartment is located on the upper level, adding to the diverse income potential. The current leases are primarily year-to-year, offering significant upside potential for rental increases. Convenient parking is available in a lot accessible from E 6th Street. The property benefits from a highly visible location near Route 30 and historic downtown York, ensuring excellent accessibility and exposure. The asking price is $679,900. This multi-tenant property offers a compelling investment opportunity for those seeking a value-add project with diverse income streams and a prime location in York, PA. The property's strong location and existing tenancy provide a solid foundation for future growth and profitability. The gross lease structure simplifies management, and the year-to-year leases allow for flexible adjustments to market rates. This is an ideal opportunity for investors looking to capitalize on the growing York market.

Highlights

  • Exceptional value-add investment opportunity in York, PA.
  • Two-story, 4,160 sq ft building on a 0.09-acre lot.
  • Mixed-use property with leased retail, office, and residential units.
  • Highly visible location near Route 30 and historic downtown York.
  • Asking price: $679,900.

Property Details for 1003 George St

Property type
Other retail properties, Multifamily properties
Square Feet
4,160 SF
Year Built
1913
Buildings
1
Stories
2
Lot Size (sq. ft)
3,920 SF

Location Insight

City
York
County
York
State
Pennsylvania
Latitude
39.9767159
Longitude
-76.7326052
1003 George St, York, Pennsylvania

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1003 George St
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