875 E Main St, Ephrata, PA 17522 | For Sale

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For Sale $725,000

$725,000
  • (0)
  • 2 Units
  • Unknown Sq Ft
  • 27,443 Sq Ft
  • Unknown Cap Rate

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.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $725,000
Property Type Flex Space
Usable Sqft Unknown
Number of Stories 3 stories
Parking Spots 0 spots
Year Built 1920
Last Sold Unknown
Sold Price Unknown
APN # 2709406400000
MLS # PALA2050606
Property ID 320454456
Lot Sqft 27,443
Zoning C-2 MIXED USE COMMERCIAL
Total Units 2
Days on Market 272
Original List Price Unknown
Date Updated December 28, 2024
Date Created May 03, 2024

Financials not available online. Please inquire with your agent for more details.

Listing Provided By

Lethea M Myers an agent of . Lic #AB051376L


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Data last updated: January 30, 2025.
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