For Sale
$350,000

405 Spruce StMiddletown, PA 17057

High-growth area, 2,480 SF retail space

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 2,480-square-foot retail property, located at 405 Spruce Street in Middletown, Pennsylvania, presents a unique investment opportunity. The building, constructed in 1952 and extensively renovated in 2022, sits on a 0.23-acre corner lot at the intersection of Spruce and East Main Streets, offering excellent visibility and accessibility. Currently configured as a convenience store, storefront, and auto shop, the property boasts Commercial Highway zoning, allowing for a wide range of uses including auto dealerships, body shops, service stations, and more. The asking price is $350,000, translating to $141.13 per square foot. The property features 25 parking spaces and includes valuable equipment such as an economic waste oil heating system, two commercial air compressors, and three hydraulic lifts, all conveying with the sale. The single-story building is classified as Class B and operates under a NNN lease type. Its prime location near Penn State Harrisburg, a rapidly expanding campus, and Harrisburg International Airport (HIA), a continuously developing transportation hub, ensures strong potential for growth and return on investment. Middletown's steady economic growth since 1980 further enhances the property's appeal. The property's location within the Harrisburg Market Keystone Innovation Zone may also qualify certain business ventures for tax incentives. The property's occupancy date was April 30, 2022. The APN is 42-025-038. This is an owner/user investment opportunity.

Highlights

  • 2,480 SF retail property at 405 Spruce Street, Middletown, PA.
  • Corner lot at Spruce & E. Main Streets with excellent visibility.
  • Includes valuable equipment: economic waste oil heating system, two commercial air compressors, and three hydraulic lifts.

Property Details for 405 Spruce St

Property type
Retail properties, Retail space
Square Feet
2,480 SF
Class
B
Year Built/Renovated
1952/2022
Buildings
1
Stories
1
Lot Size (sq. ft)
10,019 SF
Units
1

Location Insight

City
Middletown
County
Dauphin
State
Pennsylvania
Latitude
40.2010914
Longitude
-76.7287145
405 Spruce St, Middletown, Pennsylvania

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405 Spruce St
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