For Sale
$900,000

55 Progress AveHarrisburg, PA 17109

7,560 SF, 100% Leased, Mixed-Use

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 7,560-square-foot retail property, located at 55 S Progress Ave in Harrisburg, Pennsylvania, presents a compelling investment opportunity. The building, constructed in 1984 and boasting a Class C designation, sits on a 0.64-acre lot (APN 62-037-217) and is currently 100% occupied across its three floors, with each floor housing a single tenant. The property benefits from a highly visible location on Progress Avenue, easily accessible from the signalized intersection of Route 22 and South Progress Avenue. Its prime location offers excellent exposure to high traffic volumes. Furthermore, its proximity to major roadways, including I-81 and I-83, and the Pennsylvania State Capitol Complex, ensures convenient access for both tenants and customers. The permitted zoning is Mixed Use Corridor, offering potential for future development or expansion. The asking price for this fully leased investment property is $900,000. Renovated suites are in excellent condition, making this a low-maintenance, high-return investment. The property's strategic location near several national retailers along Route 22 further enhances its appeal and potential for long-term growth. This is a rare opportunity to acquire a well-maintained, fully leased retail property in a thriving Harrisburg location.

Highlights

  • 100% occupied investment-grade property.
  • Recently renovated suites in excellent condition.
  • High visibility at the signalized intersection of Route 22 and South Progress Avenue.
  • Excellent access to I-81 and I-83.

Property Details for 55 Progress Ave

Property type
Retail properties
Square Feet
7,560 SF
Class
C
Year Built
1984
Lot Size (sq. ft)
27,878 SF

Location Insight

City
Harrisburg
County
Dauphin
State
Pennsylvania
Latitude
40.2839802
Longitude
-76.8411147
55 Progress Ave, Harrisburg, Pennsylvania

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55 Progress Ave
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