875 E Main St
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875 E Main St
2,568 SF 100% Leased Retail Building Ephrata, PA 17522 $725,000 ($282/SF)
Executive Summary
Fantastic opportunity for your commercial enterprise. 2.5 story brick building has been redone top to bottom with painted brick, new windows, new doors, 2 new heat pumps, new electric(2 services) , new luxury vinyl plank flooring thru out, new paved parking lot, front ramp for handicap entrance. 2 nd floor is a thriving VRBO rental with high end finishes and township approval/variance of same and includes 2 Br and 2 Baths ( and could also make a great owners residence or staff apartment as well. Main floor can be whatever you desire….2 display kitchens on main level are reserved. Beautiful high end bathroom installed main level. Rear storage area accessed from inside or back entrance. A large rear grass plot has engineering/storm water management complete for an additional 40 x 60 building. Paper work is at the township and you can save the time and cost of that process(approx $15,000.00). The large parking area has 2 entrances/exits which may make a drive thru possible but you will need to verify with Ephrata Township. The zoning allows for a wide variety of uses but all uses will need township approval. This is an amazing location with a high traffic count and amazing visibility in the middle of bustling commercial zone and across from Walmart plus very close to Rt 222 exit. Fantastic location for any business venture you can envision.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,568 SF
Building Class
C
Year Built
1920
Price
$725,000
Price Per SF
$282
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.09
Land Acres
0.63 AC
Zoning
C-2 - C-2 MIXED use commercial.
Airbnb upstairs and retail downstairs
Parking
25 Spaces (9.74 Spaces per 1,000 SF Leased)
Frontage
35 FT on East Main Street
Amenities
- Air Conditioning
PROPERTY TAXES
Parcel Number | 270-94064-0-0000 | Improvements Assessment | $93,800 |
Land Assessment | $134,500 | Total Assessment | $228,300 |
PROPERTY TAXES
Parcel Number
270-94064-0-0000
Land Assessment
$134,500
Improvements Assessment
$93,800
Total Assessment
$228,300
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875 E Main St
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