Wilson Ave

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Wilson Ave

Lancaster, PA 17603
Asking Price
$295K
Asset Type
Commercial Land
Class
Class B

What's Special

+/- 0.41-Acre Parking Lot & Commercial Development Site | CBC Zoning | Columbia Avenue Corridor <ul><li>​+/- 0.41-acre graveled parking lot with an estimated capacity of +/- 56-60 spaces, generating immediate utility as a standalone parking facility</li><li>​CBC zoning opens the door to a range of commercial development scenarios -- buildability to be confirmed with East Hempfield Township</li><li>​Strategically positioned adjacent to two commercial buildings on Columbia Avenue, making it a natural add-on acquisition for either neighboring parcel</li><li>​Upside tied to development potenti

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NOI
$80,000
Cap Rate
27.12%
DSCR
4.57
Strong
Cash-on-Cash
70.61%
Monthly Payment
$1,459.499
Annual Cash Flow
$62,486.011

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