875 E MAIN ST Active

Ephrata,PA 17522

$ 725000

- Bed

- Bath

3210 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,210 sqft

Price per Sqft $225

MLS Listing ID PALA2050606

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $5,376

Tax Year 2024

Lot Size 0.630 Acres

Acres 0.63

Lot Dimensions 111x280x62x295

Property Description

Fantastic opportunity for investors. 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 rental with high end finishes and township approval/variance of rental or VRBO and includes 2 Br and 2 Baths ( and could also make a great owners residence or staff apartment as well. Main floor recently rented for a 5 year term with tenant paying pro-rata share of all expenses in addition to rent. 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.
Your opportunity for great rental income in a quickly growing area.

Location

State PA

County Lancaster

Area Ephrata Twp (10527)

Zoning C-2 MIXED USE COMMERCIAL

Interior

Hot Water Electric

Heating Forced Air,Heat Pump(s)

Cooling Central A/C

Flooring Laminate Plank

Heat Source Electric

Exterior

Garage Spaces 22.0

Utilities Available Cable TV,Electric Available,Propane,Sewer Available,Water Available

Water Access N

View Street

Roof Type Shingle,Metal

Street Surface Black Top,Paved

Accessibility Mobility Improvements,Ramp - Main Level,Other

Road Frontage State

Total Parking Spaces 22

Garage N

Building

Lot Description Level,Open,Rear Yard

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Ephrata Area

Others

Tax ID 270-94064-0-0000

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Conventional,Cash

Listing Terms Conventional,Cash

Financing Conventional,Cash

Special Listing Condition Standard

View More
Favorite Go Tour