232 N Main St - Retail FOR SALE


Mercersburg, PA 17236
$410,000 USD
717-267-3222
232 N Main St, Mercersburg, PA for Sale
$410,000 USD
Retail - FOR SALE
1/57
null | 10.82% Cap Rate

232 N Main St
Mercersburg, PA 17236


HIGHLIGHTS

  • Situated in the heart of Mercersburg
  • Providing easy access to local shops, restaurants, and community amenities.
  • Close proximity to parks, schools, and cultural attractions, enhancing the quality of life.
  • Within close proximity to US Route 11, I-81 and Route 416.

OVERVIEW

Unique investment opportunity in historic Mercersburg. This offering is a special bundle - one commercial property with a gross annual income of over $58,000 and two residential lots. Each is parceled separately. With great visibility and frontage on Route 16 - 232 N Main offers commercial / retail space on the first floor complete with storage and warehouse area to the rear, and two residential apartments on the second floor. The first floor tenant has two years left on the lease, with a scheduled increase each year, the residential tenants are long term. Please call for more information. No photos of the apartments have been shared to respect tenant privacy.

FOR SALE DETAILS

PRICE

$410,000 USD

PRICE/SF

$32 USD /SF

CAP RATE

10.82%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,693 SF

ZONING

CC

APN/PARCEL ID

14-3A11-014-000000,14-3A11-015-000000,14-3A12-026-000000

ASK ABOUT THIS PROPERTY

Natasha DiStasioBerkshire Hathaway Homesale RealtyMore Info
717-267-3222

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Natasha DiStasioBerkshire Hathaway Homesale RealtyMore Info
717-267-3222

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