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33 Old Dorwart st

5,420 SF 100% Leased Industrial Building Lancaster, PA 17603 $900,000 ($166/SF) 8% Cap Rate

Executive Summary

33 Old Dorwart Street is home to 56 unit garage and storage units located in Lancaster City. The property has a 100% occupancy and is a perfect value add site for anyone looking to purchase a cash flowing investment.
Presenting a prime investment opportunity in Lancaster, PA. This industrial/self storage property boasts an impressive 5,420 SF building with 56 units that enjoy full occupancy. Originally built in 1930 and thoughtfully renovated in 2010, the site offers a perfect blend of history and modern functionality. Zoned R3, the property is strategically located in the thriving Lancaster area, offering a robust market for industrial and self-storage facilities. With a proven track record of 100% occupancy, this property presents an exceptional chance to capitalize on a lucrative and in-demand investment in the dynamic Lancaster market.
Visit naikeystone.com for accurate listing info.

Property Facts

Price $900,000
Price Per SF $166
Sale Type Investment
Cap Rate 8%
Property Type Industrial
Building Class C
Lot Size 0.57 AC
Rentable Building Area 5,420 SF
No. Stories 1
Year Built/Renovated 1930/2010
Opportunity Zone Yes
Walk Score ®
Walker's Paradise (93)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
338-13275-0-0000
Land Assessment
$84,000
Improvements Assessment
$247,600
Total Assessment
$331,600

zoning

Zoning Code R3 (R3)
R3 (R3)
  • Listing ID: 33475136

  • Date on Market: 10/10/2024

  • Last Updated:

  • Address: 33 Old Dorwart st, Lancaster, PA 17603

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