717-554-4881
2200 Market St, Harrisburg, PA for Sale
Schools - FOR SALE
1/17
null | Request Cap Rate

Jul '26


2200 Market St
Harrisburg, PA 17103
East Harrisburg


HIGHLIGHTS

  • 115,000 SF Existing Improvement- Provides significant adaptive reuse potential while reducing development timelines and replacement costs.
  • 8.2-Acre Redevelopment Campus - One of the largest contiguous redevelopment sites currently available in the Harrisburg market.
  • Commercial Neighborhood Zoning - Zoning is in place to support a wide range of residential, mixed-use, institutional, office, and healthcare uses.
  • $7 Million RACP Grant Included - A substantial source of non-dilutive capital available to support future redevelopment efforts.
  • Flexible Acquisition Structure - Ownership will consider seller financing and other structures designed to facilitate project execution.
  • Prior Entitlement & Planning Efforts Completed - Previous redevelopment initiatives established a framework for higher-density mixed-use development.

OVERVIEW

SCOPE Commercial Real Estate is pleased to present 2200–2300 Market Street, Harrisburg, Pennsylvania, a landmark 8.2-acre redevelopment opportunity featuring approximately 115,000 square feet of existing improvements and a rare combination of established entitlements, public funding support, and flexible acquisition structures. Formerly occupied by Bishop McDevitt High School, the property consists of a three-story institutional facility originally constructed in 1930 and extensively renovated in 1963. The existing improvements provide a substantial adaptive reuse opportunity while the site’s scale and commercial zoning support a wide range of redevelopment strategies, including multifamily residential, mixed-use, senior housing, educational, healthcare, office, and institutional uses. A key differentiator of the offering is the inclusion of a $7,000,000 Redevelopment Assistance Capital Program (RACP) grant, creating a significant source of non-dilutive capital for future redevelopment. In addition, the property may present opportunities for further incentive layering through Historic Tax Credits, New Markets Tax Credits, local tax abatement programs, and other economic development initiatives, subject to buyer diligence and project qualifications. The site has undergone extensive planning and entitlement efforts over the past several years, including a rezoning to Commercial Neighborhood that established a framework for higher-density mixed-use development. Previous redevelopment concepts contemplated approximately 350 residential units together with complementary retail, office, healthcare, educational, and community-oriented uses, demonstrating the property’s capacity to support transformative redevelopment on a meaningful scale. Ownership is willing to consider a variety of acquisition structures designed to facilitate successful project execution, including traditional purchases, seller financing, phased acquisitions, development milestone closings, joint venture arrangements, and other structured transactions. This flexibility may allow qualified buyers additional time to secure grants, tax credits, development approvals, and construction financing while controlling one of the region’s most significant redevelopment assets. Large-scale redevelopment opportunities offering 115,000 square feet of existing improvements, 8.2 acres of commercially zoned land, existing grant funding, and substantial incentive potential are exceptionally rare within the Harrisburg market. The combination of scale, location, public-sector support, and flexible ownership structure positions 2200–2300 Market Street as a unique opportunity to create a transformative mixed-use, residential, institutional, or community-focused development in Pennsylvania’s capital region. Additional redevelopment materials, surveys, entitlement information, grant documentation, and due diligence materials are available to qualified parties upon request.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Bishop McDevitt High School

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

8.1 AC

LAND SF

352,836 SF

ZONING

High Density MF/Mixed Use

APN/PARCEL ID

09-078-001

ASK ABOUT THIS PROPERTY

Craig DunkleHorvath & TremblayMore Info
717-554-4881

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Craig DunkleHorvath & TremblayMore Info
717-554-4881

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.