405 Spruce St - Auto Repair FOR SALE


Middletown, PA 17057
$350,000 USD
717-805-4166
405 Spruce St, Middletown, PA for Sale
$350,000 USD
Auto Repair - FOR SALE
1/7
null | Request Cap Rate

405 Spruce St
Middletown, PA 17057


HIGHLIGHTS

  • Zoning permits: car dealers, service stations, liquor store, convenience store, pharmacies, bank, retail, restaurant, medical personal service, & more
  • Commercial Highway zoning prmits many uses, however, the best use is to continue as a car lot, auto repair and body shop
  • Equipment on site to include: 2 commercial air compressors, 3 hydraulic lifts
  • Economic waste oil heating system was installed

OVERVIEW

Excellent opportunity to purchase or lease an Auto Center in the best central location in Middletown. The property is located in the vicinity of Penn State Harrisburg that is experiencing continued growth and attracting undergraduate and graduate students, faculty, administrators, and corporate partners to the area. Penn State Harrisburg has become the fastest growing campus in the Penn State system. It is one of the hubs of the Harrisburg Market Keystone Innovation Zone, making certain business ventures eligible for tax incentives. The property is positioned in the vicinity of Harrisburg International Airport (HIA) that is continually growing and developing additional facilities on its lands to serve air travelers. HIA has expanded and modernized its commercial aviation and air freight support services. Middletown has been experiencing a steady economic rise since 1980 and is projected to continue its growth. Property is located in the vicinity of Penn State Harrisburg that is experiencing continued growth and attracting undergraduate and graduate students, faculty and administrators, and corporate partners to the area. It is one of the hubs of the Harrisburg Market Keystone Innovation Zone, making certain business ventures eligible for tax incentives. Middletown has been experiencing a steady economic rise since 1980 and is projected to continue its growth. Major employers close by include FedEX and its affiliates, Tyco Electronics, Phoenix Contract, along with numerous commercial and industrial entities such as the Pennsylvania Turnpike Commission, the Harrisburg International Airport, Penn State Harrisburg, and the Middletown Area School District.

FOR SALE DETAILS

PRICE

$350,000 USD

PRICE/SF

$141 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

Commercial Highway

APN/PARCEL ID

42-025-038

ASK ABOUT THIS PROPERTY

Bogumila MangamLandmark Commercial RealtyMore Info
717-805-4166

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

Bogumila MangamLandmark Commercial RealtyMore Info
717-805-4166

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