125 Main StMechanicsburg, PA 17055

Property Details for 125 Main St

Lot size

0.62 AC

Property size (Sq ft)

9,314 SF

Property type

Retail properties

Property subtype

Retail space

APN

16-23-0567-006

APU

16230567006

Description

This exceptional mixed-use property at 125 W Main St, Mechanicsburg, PA 17055 presents a compelling investment opportunity. The 11,558 square foot building boasts a diverse range of income streams, including a turnkey restaurant with a hotel liquor license, and a 16-unit apartment building. The property is currently vacant, offering a blank canvas for a new owner to implement their vision. The asking price is $1,150,000, translating to $99.50 per square foot. The building's class is B. Ample parking is available on-site. The property's infrastructure includes central gas water, a sewer pit pump, electric backup, electric heating fuel, and electric hot water. Located in Cumberland County, this property benefits from its prime location in Mechanicsburg, Pennsylvania. The property's diverse income streams and significant square footage make it an attractive prospect for investors seeking a high-return, multi-faceted investment. Detailed financials are available upon request. This is a rare opportunity to acquire a substantial mixed-use property in a desirable Pennsylvania location. Don't miss out on this chance to capitalize on this lucrative investment.

• CAP approach

  CAP return

  Valuation

  6%

  $2,921,187

  6.5%

  $2,696,480

  7%

  $2,503,874

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,397,289

  Geo Method

  $1,476,578

• Alternative Use

  Use

  Valuation

  Residential

  $2,274,582

  Hospitality

  $2,083,505

  Educational

  $1,733,451

  Medical

  $1,793,068

  Retail

  $2,696,480

Location Insight

City

Mechanicsburg

County

Cumberland

State

Pennsylvania

Latitude

40.212

Longitude

-77.011

CBSA code

25420

CBSA name

HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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