Ephrata, WA Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Ephrata, Washington Market population: 13K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....
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12 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Ephrata PA Properties: 2.1900%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Ephrata PA
Common questions from investors exploring commercial real estate in Ephrata PA.
What's the overall investment potential of Ephrata, PA, considering its demographic and economic factors?
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Ephrata, PA, with a population of 13,445 and a median age of 37.1, presents a stable investment market, given its median household income of $49,709 and a relatively low poverty rate of 9.8%, suggesting a strong foundation for rental income stability. The top industries, including Public Administration and Manufacturing, contribute to employment stability, while the 92.0% health insurance coverage rate indicates a generally secure and healthy population. This combination of factors, along with a diverse ethnic makeup and a significant portion of the population driving alone or carpooling to work, points to a market with potential for growth.
How does the commute time and health insurance coverage in Ephrata, PA, affect the quality of life for residents and, by extension, the attractiveness of the area for real estate investment?
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The average commute time of 22.1 minutes in Ephrata, PA, is relatively short, indicating good infrastructure and accessibility, which is a plus for residents and potential tenants. Combined with a high health insurance coverage rate of 92.0%, this suggests a population with access to good healthcare, contributing to an overall high quality of life. This, in turn, can make the area more attractive for investment, as it likely appeals to a wide range of potential renters and buyers, including those from the top ethnic groups such as White and Hispanic populations.
What role does the ethnic diversity and top industries play in determining the demand for real estate in Ephrata, PA?
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The ethnic diversity in Ephrata, PA, with top ethnicities including White, White Non-Hispanic, and Hispanic, contributes to a culturally rich and potentially dynamic market. The presence of significant industries such as Public Administration, Manufacturing, and Finance & Insurance, & Real Estate & Rental & Leasing, not only provides employment opportunities but also attracts a diverse workforce, thereby influencing the demand for real estate. This diversity, coupled with a median property value of $154,800 and a homeownership rate of 58.4%, suggests a balanced market with opportunities for both renters and buyers.
How do poverty rates, health insurance coverage, and commute times interact to influence the stability and attractiveness of the real estate market in Ephrata, PA?
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The interaction between a relatively low poverty rate of 9.8%, high health insurance coverage of 92.0%, and a short average commute time of 22.1 minutes in Ephrata, PA, suggests a stable and attractive real estate market. These factors indicate a population with access to employment, healthcare, and relatively easy mobility, which are crucial for maintaining stable rental incomes and property values. Furthermore, the GINI coefficient of 0.373, which measures income inequality, being closer to 0 indicates a more equal distribution of income, potentially contributing to market stability and demand for housing.
What insights can be gleaned from the median property value, property taxes, and homeownership rate in Ephrata, PA, for real estate investment purposes?
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The median property value of $154,800, combined with median property taxes of $3,665 and a homeownership rate of 58.4% in Ephrata, PA, provides valuable insights for investors. These figures suggest a relatively affordable housing market with a significant portion of the population invested in homeownership, which can contribute to community stability. The balance between property values and taxes also indicates potential for positive cash flow in rental properties, especially when considering the employed population of 7,599 and the top industries that drive local economic activity.
Ephrata PA Real Estate & City Facts
Key facts and real estate information about Ephrata PA.
What are some of the best neighborhoods to live in Ephrata?
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Some of the best neighborhoods to live in Ephrata include Washington Avenue, which is known for its charming and peaceful atmosphere, and other areas that offer a mix of historic homes and new developments. You can find a range of housing options, from affordable starter homes to larger, more luxurious properties.
What are some fun things to do in Ephrata?
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Ephrata has a rich history and culture, with attractions like the Historic Ephrata Cloister, which showcases the community's unique lifestyle and features beautiful architecture and gardens. You can also visit the Green Dragon Farmer's Market, explore the city's downtown area, and enjoy outdoor activities like hiking and biking in the surrounding countryside.
What is the food scene like in Ephrata?
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Ephrata's food scene is diverse and exciting, with a range of restaurants serving everything from traditional American cuisine to international flavors. Some popular spots include The Log Cabin Restaurant, Olde Lincoln House, and St. Boniface Craft Brewing, which offers a great selection of craft beers and delicious pub fare. There are also plenty of great food trucks and casual eateries to try.
What are the pros and cons of living in Ephrata?
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One of the pros of living in Ephrata is its small-town feel and strong sense of community, with plenty of opportunities to get involved in local events and activities. The city also has a relatively low cost of living and a range of housing options to suit different budgets and lifestyles. However, some cons include the limited job opportunities in certain industries and the need for a car to get around, as public transportation options are limited.
Is Ephrata a good place to live?
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Overall, Ephrata is a great place to live for people who value a close-knit community and a relaxed, small-town atmosphere. While it may not be the best fit for everyone, particularly those who prefer a more urban lifestyle or need access to a wide range of job opportunities, it offers a unique blend of history, culture, and natural beauty that makes it an attractive choice for many people.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Ephrata PA Commercial Property: $49,709
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
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⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
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⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
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