19130 Pa-954Smicksburg, PA 16256

Property Details for 19130 Pa-954

Year built

1988

Lot size

5.57 AC

Property size (Sq ft)

4,028 SF

Property type

Specialty properties

Property subtype

Mixed-use properties

Description

This exceptional investment opportunity presents a thriving retreat center nestled on 5.57 acres in Smicksburg, Pennsylvania. The property, asking $719,000, boasts a substantial net operating income (NOI) of $30,000. The main building, constructed in 1988, features 4,028 square feet across four buildings and two stories, including eight units. Recent renovations are extensive, encompassing new HVAC units, electrical and plumbing upgrades, new water tanks, a hot water tank, gas lines, siding, windows, doors, and fresh paint on the upper levels. The retreat center itself has also undergone significant improvements, including new bathrooms, kitchen appliances, doors, lighting, insulation, and a furnace replaced in 2020. Two Generac generators ensure reliable power. The property includes a spacious living area with hardwood floors, a renovated kitchen with butcher block countertops and an island, a large pantry, a dining area, living room, office, exercise room, five bedrooms, and three full bathrooms. A finished attic provides additional space, and a partially finished lower level offers a family room, kitchen area, utility room, and storage. An allotment of 300,000 cubic feet of free gas is included. The retreat center is currently booked solid through 2026, offering a consistent revenue stream. The property's versatility allows for continued operation as a retreat center, or potential expansion into other retail spaces. The occupancy date is October 28, 2024. This property offers a unique blend of country living and substantial income potential.

Location Insight

City

Smicksburg

County

Indiana

State

Pennsylvania

Latitude

40.8301

Longitude

-79.1813

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