405 S Market Street Elizabethtown, PA $ 649,900
405 S Market Street
$ 649,900
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405 S Market Street

Elizabethtown, PA, 17022
$ 649,900
Bedrooms-- Baths-- Sq 4,664

Monthly Estimate*

$ 4,104

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Commercial Property for sale in Elizabethtown, PA

for $649,900. This 4,664 square foot building was built in 1908 on a lot size of 0.26.

Excellent mixed-use investment opportunity in Elizabethtown. Currently home to Primary Eye Care Center, this well-maintained solid brick property combines established commercial space with residential rental income and the potential for a long-term commercial tenant. The property consists of two primary buildings. The main office building houses Primary Eye Care Center, where patient examinations and office operations are conducted, with two one-bedroom apartments located above. The separate Opti Barn serves as the eyewear and optical retail location and includes an additional one-bedroom apartment above, providing a total of three residential units. The current owner would like to remain as a long-term tenant, leasing both the main office and Opti Barn. Projected income reflects anticipated market rents for the commercial spaces as well as adjusted residential rents, as the existing apartment rents are currently below market. The solid brick construction has been meticulously maintained throughout the years, providing an attractive opportunity for an investor seeking a combination of commercial and residential income in the Elizabethtown market.

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Commercial Active

Price

$ 649,900

Property Type

Commercial

Taxes

$ 7,105

Style

Apartment Building

Lot Size

0.26

Year Built

1908

Town/City

Elizabethtown

County/Region

Lancaster

MLS | Web ID

PALA2094644

Features
Interior
Heating Fuel Natural Gas
Flooring Carpet Hardwood Luxury Vinyl Plank Vinyl
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N Y
Total Restrooms 5
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General
Sewer Private Sewer
Heating Baseboard - Electric Baseboard - Hot Water Hot Water & Baseboard - Electric
Cooling Central A/C Window Unit(s)
Utilities None
Possession Settlement
Roof Architectural Shingle
Zoning MIXED USE
Construction Materials Brick
Year Built 1908
Electric 200+ Amp Service
Property Subtype Mixed Use
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Municipality ELIZABETHTOWN BORO
Gross Income 70800.00
Business Type Apartment Building
Accessibility None
County LANCASTER
Net Operating Income 50267.00
Operating Expense 20533.00
Insurance Expense 3574.00
New Construction N
Property Type Commercial Sale
Subdivision Name NONE AVAILABLE
Possible Use Apartments Medical/Dental
Water Access Y/N N
Status ACTIVE
Directions From the square in Etown head towards Giant and the unit is located on the corner of Market and College Ave
City ELIZABETHTOWN
Disclosures Rental Permits
MLS Area Elizabethtown Boro (10525)
Lot Size Units Square Feet
Lot Size Square Feet 11326.00
Tax Annual Amount 7105.0
Electric Expense 2129.00
Property Condition Excellent
Trash Expense 1700.00
Price Per Sq Ft Total AG 139.34
Acceptable Financing Conventional Cash Other
Historic Y/N N
Lease Considered Y/N N
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Total Actual Rent 70008.00
Association Recreation Fee N
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Exterior
Parking Features Handicap Parking Paved Parking Private
Water Source Public
Inclusions All appliances in the appartments
Type of Parking Parking Lot
Foundation Details Block
Water View Y/N N
Building Area Total 4664.00
Lot Size Acres 0.26
Lot Size Source Estimated
Waterfront Y/N N
Door Features Atrium
Land Assessed Value 76300.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 405
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* Excluded Features
List By
Realty One Group Unlimited

Broker

ryanreedrealtor@gmail.com

Email

Affordability Calculator

$4,696
Per Month
87%
13%
0%
Monthly Principal & Interest
$4,104
Monthly Property Taxes
$592
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/31/2026$649,900 Listed Price

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405 S Market Street, Elizabethtown, PA, 17022 is a Commercial Property for sale at $649,900 with 4,664 sqft and a lot size of 0.26. 405 S Market Street was built in 1908. The property's zip code is 17022 which is in Elizabethtown, PA