For Sale
$2,300,000

2502 3Rd StWilliamsport, PA 17701

6,200 SF Vacant Retail Building, $2.3M

Overview

Added:
Dec 11, 2024
Days on market:
124
This exceptional 6,200 square foot vacant retail building presents a unique investment opportunity in Williamsport, Pennsylvania. Located at 2502 E 3rd St, this property sits on a 1.24-acre lot and boasts a highly desirable location directly adjacent to a top-performing Aldi grocery store (within the top 10% nationally). Built in 1992, the building is zoned COM P and offers versatile space suitable for a variety of uses, including convenience store, restaurant, or medical office, as indicated by its previous uses. The property is currently vacant, providing a blank canvas for a new tenant or owner-operator. The surrounding area demonstrates strong economic indicators, with a robust population base of over 54,000 residents within a 5-mile radius and an average household income exceeding $69,000. Further bolstering the area's appeal is the presence of two prominent colleges, Pennsylvania College of Technology (4,500+ students) and Lycoming College (1,000+ students), both within 3 miles. Major employers such as Susquehanna Health and Aramark also contribute to the area's economic vitality. Consumer spending is projected to increase by 9% in the next five years, indicating a promising outlook for future growth and profitability. The asking price for this prime retail space is $2,300,000. This property offers significant potential for investors seeking a strong return in a thriving market.

Highlights

  • $2,300,000 asking price for a 6,200 SF vacant retail/office building.
  • Located in Williamsport, PA, on a 1.24-acre lot at 2502 E 3rd St.
  • Building is vacant with permitted zoning as COM P and was built in 1992.
  • Adjacent to a top-performing Aldi store.
  • Strong demographics: 54,000+ residents within 5 miles, $69,000 average household income, and projected 9% consumer spending increase in the next 5 years.
  • Proximity to Pennsylvania College of Technology and Lycoming College.

Property Details for 2502 3Rd St

Property type
Retail properties, Restaurants
Square Feet
6,200 SF
Year Built
1992
Lot Size (sq. ft)
54,014 SF

Location Insight

City
Williamsport
County
Berks
State
Pennsylvania
Latitude
41.2468115
Longitude
-76.9536606
2502 3Rd St, Williamsport, Pennsylvania

FAQs

What type of property is this?
Retail property - 6,200 SF Vacant Retail Building, $2.3M
Where is the retail property located?
The property is located at 2502 3Rd St Williamsport, PA.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: $2,300,000 asking price for a 6,200 SF vacant retail/office building.; Located in Williamsport, PA, on a 1.24-acre lot at 2502 E 3rd St.; Building is vacant with permitted zoning as COM P and was built in 1992.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
2502 3Rd St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message