For Sale
$1,995,000

20 Homestead RdGrantville, PA 17028

Established Salvage Yard, PA, $1.995M

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 17-acre industrial property in Grantville, Pennsylvania, presents a unique investment opportunity. The well-established salvage yard, operational for over 35 years, boasts convenient access to I-81 and Route 743, with minimal neighboring properties. The expansive lot includes a large four-bedroom farmhouse, several smaller buildings, a 7,500-square-foot drive-through pole building, and a 4,000-square-foot steel building (though damaged, still usable). The property is brimming with inventory, including thousands of cars (primarily Ford), trucks, buses, aluminum wheels, body parts, and various mechanical and electrical components. An original barn on the site is also filled with car parts. The property's 25,000 square feet of building space is situated on a 17-acre lot, zoned for industrial use. The asking price is $1,995,000, with a price per square foot of $79.80. The property is offered as a 100% ownership opportunity and is suitable for a 1031 exchange. The property's proximity to Copart Auto Auction in Grantville further enhances its potential. The occupancy date is January 31, 2023. Built in 1920, this property offers significant potential for an owner-user or investor, with owner financing a possibility.

Highlights

  • 17-acre industrial property in Grantville, PA, priced at $1,995,000 ($79.80/SF).
  • Established salvage yard business operating for over 35 years, including extensive inventory (cars, trucks, buses, parts, etc.).
  • Convenient I-81 and Route 743 access, near Copart Auto Auction.
  • Property features a four-bedroom farmhouse, 7,500 SF drive-through pole building, and a 4,000 SF steel building (damaged but usable), totaling 25,000 SF of building space.
  • Zoned for industrial use and suitable for a 1031 exchange; owner financing may be available. Occupancy date: January 31, 2023.

Property Details for 20 Homestead Rd

Property type
Specialty properties, Mixed-use properties
Square Feet
25,000 SF
Year Built
1920
Buildings
4
Lot Size (sq. ft)
740,520 SF

Location Insight

City
Grantville
County
Lebanon
State
Pennsylvania
Latitude
40.38927839
Longitude
-76.63671494
20 Homestead Rd, Grantville, Pennsylvania

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20 Homestead Rd
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