1935 Columbia Ave

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1935 Columbia Ave

Lancaster, PA 17603
Asking Price
$795K
Asset Type
QSR/Fast Food Retail
Class
Class B

What's Special

Drive-Thru Restaurant & Mixed-Use Building on Lancaster County's Primary Commercial Corridor <ul><li>​Established drive-thru quick-service restaurant on ground floor with two apartments above</li><li>​CBC zoning supports broad range of retail, restaurant, office, and mixed-use </li><li>​Many redevelopment scenarios possible</li><li>​Positioned along Columbia Avenue, one of Lancaster County's highest-traffic commercial corridors</li><li>​Two adjacent parcels available individually or together, offering the ability to assemble up to +/- 1.13 acres</li><li>​East Hempfield Township location

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NOI
$80,000
Cap Rate
10.06%
DSCR
1.69
Strong
Cash-on-Cash
13.75%
Monthly Payment
$3,933.226
Annual Cash Flow
$32,801.285

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