717 Market StLemoyne, PA 17043

Property Details for 717 Market St

Lot size

1.11 AC

Property size (Sq ft)

19,741 SF

Property type

Retail properties

Property subtype

Community centers

APN

12-21-0267-246

APU

12210267246

Description

This exceptional medical office building, situated at 717 Market Street in Lemoyne, Pennsylvania, presents a unique investment opportunity. The 19,241 square foot building, constructed in 1991 and renovated in 2010, sits on a 1.11-acre lot and is zoned for mixed use. Currently, there are two available suites totaling 8,210 square feet of vacant space. One suite offers 5,814 contiguous square feet, featuring a pre-designed medical floor plan complete with existing plumbing and recent upgrades. This space includes a reception and waiting area, multiple private offices or exam rooms, conference rooms, and ample workspace. A second, smaller suite of 2,336 square feet is also available, ideal for a traditional office user requiring private offices and meeting spaces. The building offers common lot parking. The property's convenient location on Market Street in Lemoyne places it amongst established businesses such as The UPS Store, Miracle Ear, and H&R Block, ensuring high visibility and foot traffic. The minimum divisible space is 2,336 square feet, with a maximum contiguous space of 5,814 square feet. The Cumberland County property (APN: 12-21-0267-246) offers a compelling opportunity for medical professionals or businesses seeking a well-maintained and strategically located space in a thriving community. This is a multi-tenant building.

• CAP approach

  CAP return

  Valuation

  6%

  $4,686,126

  6.5%

  $4,325,655

  7%

  $4,016,680

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,544,825

  Geo Method

  $3,129,604

• Alternative Use

  Use

  Valuation

  Residential

  $3,648,852

  Hospitality

  $3,342,328

  Educational

  $2,780,778

  Medical

  $2,876,413

  Retail

  $4,325,655

Location Insight

City

Lemoyne

County

Cumberland

State

Pennsylvania

Latitude

40.2445

Longitude

-76.9009

CBSA code

25420

CBSA name

HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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