418 Market StLemoyne, PA 17043

  • Mixed-use properties
  • 6,292 SF
For Lease
$14.50/SF/YR View listing

Property Details for 418 Market St

Lot size
0.49 AC
Property size (Sq ft)
6,292 SF
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
12-21-0265-158
APU
12210265158

Description

This exceptional 2-story creative office space, located at 418 Market Street in Lemoyne, Pennsylvania, offers 1,256 square feet of vacant space within a 2,424 square foot building. The property boasts a desirable single-tenant occupancy and features large storefront windows providing excellent street visibility. The open floor plan is highly adaptable to a variety of commercial uses, making it ideal for businesses seeking a flexible and functional workspace. Ample off-street parking is available with 24 total spaces. The building sits on a 4.9-acre lot and has a 7'10" ceiling height. The property is zoned Downtown (DT) and has a 200-amp power supply. While there are no elevators, the two-story layout offers convenient access. The property's well-maintained exterior and efficient interior layout present a compelling opportunity for businesses seeking a strategic location in a thriving area. The property's address is 418 Market Street, Lemoyne, PA 17043, and its APN is 12-21-0265-158. This is a rare opportunity to secure a well-located, versatile commercial space in a vibrant Pennsylvania community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,016,053
    6.5%
    $937,895
    7%
    $870,902
  • Comparable approach

    Method
    Valuation
    Relative Method
    $574,826
    Geo Method
    $395,830
  • Alternative Use

    Use
    Valuation
    Residential
    $1,162,990
    Hospitality
    $1,065,292
    Educational
    $886,310
    Medical
    $916,792
    Retail
    $1,378,705
418 Market St, Lemoyne, Pennsylvania

Location Insight

City
Lemoyne
County
Cumberland
State
Pennsylvania
Latitude
40.2457
Longitude
-76.8959
CBSA code
25420
CBSA name
HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$7,782
$170,800
$216,700
$387,500
-
$170,800
$216,700
$387,500

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