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$799,000 Just Listed

  • For Sale
  • Active
  • Commercial Multi-Family
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Rare Commercial Investment Opportunity! Grandfathered income producing property featuring six residential addresses, a detached two-car garage, and nearly one acre within Columbia Borough's MDR zoning district. Delivered completely vacant, the property offers immediate flexibility for renovation, lease-up, repositioning, or other permitted residential uses. Separate utility accounts help minimize landlord utility responsibility. Previously utilized as a commercial residential program under a triple-net lease, the property also offers additional garage income potential and future development opportunities, subject to buyer verification and municipal approvals. A truly unique asset with multiple investment strategies in one property. Buyers should independently verify zoning, permitted uses, utility availability, development potential, and income projections. Listing agent is also the property owner and is a licensed Pennsylvania real estate agent.

Full Property Details for 525 Franklin St

General

  • Price: $799,000
  • Taxes: $7,513 (2026)
  • Status: Active
  • Type: Commercial Multi-Family
  • Source: BrightMLSPhilly
  • MLS ID: PALA2093050
  • Updated: 8/20/2026
  • Added to Site: 1 day(s) ago

Business

  • Business Type: Other

Rooms

Bathrooms

  • Restrooms: 6

Parking

  • Total Spaces: 9
  • Parking Type: Driveway, Parking Lot, Private Garage

Location

  • Area: Columbia Boro (10511)
  • Municipality: COLUMBIA BORO
  • County: LANCASTER
  • Cross Streets: Florence and Ave. X
  • Driving Directions: Turn on to Florence St and follow the driveway back to the two car garage.

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard - Electric, Forced Air
  • Heating Fuel: Electric, Natural Gas
  • Water Heater: Natural Gas, Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Block, Combination
  • Basement: Yes
  • Foundation: Block
  • Roof: Architectural Shingle
  • Building Size: 4000
  • Year Built: 1950
  • Year Built Source: Estimated
  • Property Condition: Average

Unit Information

  • # Tenants: Multiple
  • Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1, Unit 1, Unit 1

Lot Features

  • Lot Size (Acres): 0.92
  • Lot Size (Sq. Ft.): 40,075
  • Lot Size Source: Estimated
  • Zoning: MDR

Water Features

  • Water Front Type: River

Financial Considerations

  • Price Per Sq. Ft.: $199.75
  • Operating Expenses: $19,000
  • Assessment Year: 2026
  • School Tax: $4,998
  • County Tax: $567
  • County Tax Freq: Annually
  • Tax w/Assessment: $194,800
  • Tax Amount: $7,513
  • Tax Year: 2026
  • Owner Pays: Insurance, Management, Repairs, Snow Removal, Taxes - Real Estate

Disclosures and Reports

  • Ownership: Fee Simple
  • Inclusions: all appliances
  • Investment: Yes
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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Meet the listing agent

Meet the listing agent
— 525 Franklin St —

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 525 Franklin St

School District:Columbia Borough School District
NameGradesDistance
Park El School
50 South 6th Street, Columbia, PA 17512
K-40.6 mi
Columbia Ms Hill Campus
901 Ironville Pike, Columbia, PA 17512
7-81.4 mi
Columbia Junior-Senior High School
901 Ironville Pike, Columbia, PA 17512
9-121.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 525 Franklin St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/20/2026
Listed
$799,000
52.19%
MLS
1/28/2022
Sold
$525,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 525 Franklin St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,669
5%
$194,800
—
2024
$7,280
—
$194,800
—
2023
$7,280
—
$194,800
—
2022
$7,280
—
$194,800
—
2021
$7,280
—
$194,800
—
2020
$7,280
2%
$194,800
—
2019
$7,154
-7%
$194,800
—
2018
$7,734
-14%
$194,800
-11%
2017
$8,963
1%
$218,200
—
2016
$8,836
1%
$218,200
—
2015
$8,714
2%
$218,200
—
2014
$8,533
—
$218,200
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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525 Franklin Street, Columbia, PA 17512 (MLS# PALA2093050) is a Commercial Multi-Family property. 525 Franklin Street is currently listed for $799,000 and was received on August 20, 2026. This property is listed by Christy Griffin from our Lancaster Office.Want to learn more about 525 Franklin Street? Do you have questions about finding other Commercial Multi-Family real estate for sale in Columbia? You can browse all Columbia real estate or contact a Coldwell Banker agent to request more information.

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