Lancaster, PA 17603,2124 AMBASSADOR CIR
Lancaster, PA 17603,2124 AMBASSADOR CIR
Lancaster, PA 17603,2124 AMBASSADOR CIR
49
$3,250,000
$3,250,000
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

3.2 Acres Lot

2124 AMBASSADOR CIR Lancaster, PA 17603

Est. payment /mo
SOLD DATE : 02/14/2025

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $3,250,000

Property Type Commercial

Sub Type Special Purpose

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PALA2042956

Sold Date 02/14/25

Originating Board BRIGHT

Year Built 1994

Annual Tax Amount $33,205

Tax Year 2024

Lot Size 3.200 Acres

Acres 3.2

Lot Dimensions 0.00 x 0.00

Property Sub-Type Special Purpose

Property Description

Excellent property in an ideal location currently leased to a quality tenant, River Rock Academy, on a triple net lease through 6/30/2030 + Tenant has one 5-year option. Price reflects a 6.2% cap rate (Est. NOI of $202,597.68). Lease includes annual CPI increases to base rent. | The 15,277sf single story building is situated on a 3.2 acre, mostly impervious, site, with 192 parking spaces. Well maintained, fully sprinklered, gas heat and central air, covered outside patio area in the rear, 3 glass door entrances, nicely finished, windows in all perimeter walls and several interior rooms with glass and sidelights. NO SIGN ON THE PROPERTY. TENANT IS AN OPERATING SCHOOL WITH STUDENTS PRESENT DURING THE DAY. DO NOT VISIT THE PROPERTY DURING SCHOOL HOURS OR SPEAK WITH ANY STAFF.

Location

State PA

County Lancaster

Area East Hempfield Twp (10529)

Zoning REGIONAL COMMERCE CTRZONE

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Heat Source Natural Gas

Exterior

Garage Spaces 192.0

Water Access N

Roof Type Flat

Accessibility No Stairs

Total Parking Spaces 192

Garage N

Building

Lot Description Level

Foundation Slab

Sewer No Sewer System

Water None

New Construction N

Schools

School District Hempfield

Others

Tax ID 290-37763-0-0000

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Exchange, Conventional

Listing Terms Cash, Exchange, Conventional

Financing Cash,Exchange,Conventional

Special Listing Condition Standard

Read Less


Bright MLS (BMLS)
Listed by Corinn E. Kirchner • PPM Real Estate, Inc.
Bought with NON MEMBER • Non Subscribing Office

GET MORE INFORMATION

agent

Mike Fielder

Sales Director, Realtor | License ID: MD: 662897 / PA: RSR005460

+1(410) 905-6678

Name
Phone*
Message
};