8 N Main St - Office/Residential FOR SALE


Ashley, PA 18706
$459,000 USD
570-762-8277
8 N Main St, Ashley, PA for Sale
$459,000 USD
Office/Residential - FOR SALE
1/7
null | Request Cap Rate

8 N Main St
Ashley, PA 18706


HIGHLIGHTS

  • Former municipal building offering exceptional redevelopment potential into either 12 mixed-bedroom units or 15 one-bedroom residences.
  • Includes a separate 2000 square foot garage with two oversized overhead doors and an active three-year lease in place.
  • Strategically positioned near Rt309 and I-81 with quick access to the Hanover Industrial Park and surrounding employment centers.
  • Solid brick exterior construction with elevated ceiling heights ranging from 11 feet to 12 feet, ideal for creative adaptive reuse.
  • Public water and sewer connections already in place, providing utility efficiency for future residential conversions.
  • Excellent opportunity for value-add investors seeking a fixer-upper asset with flexible redevelopment paths in a well-located corridor.

OVERVIEW

Great property with huge potential. This former municipal building has approved plans for either a 12 Unit residential consisting of 6-1 beds and 6-2 beds or 15-1 Bedroom units. Also included is a 2000 sq ft garage with two large overhead doors currently leased for 3 years. This property has a great location near Rt309 and I-81.

FOR SALE DETAILS

PRICE

$459,000 USD

PRICE/SF

$41 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

25-3481

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1911

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

CO

APN/PARCEL ID

01-I9SE4-008-009-000

ASK ABOUT THIS PROPERTY

Greg BarroukLewith & Freeman Real EstateMore Info
570-762-8277

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Greg BarroukLewith & Freeman Real EstateMore Info
570-762-8277

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