5155 Simpson Ferry RdMechanicsburg, PA 17050
- Retail properties
- 832 SF
Property Details for 5155 Simpson Ferry Rd
- Lot size
- 0.39 AC
- Property size (Sq ft)
- 832 SF
- Property type
- Retail properties
- Property subtype
- Drive through restaurants
- APN
- 10-22-0525-084A
- APU
- 10220525084A
Description
This exceptional 1,100 square foot restaurant property, located at 5155 Simpson Ferry Rd in Mechanicsburg, Pennsylvania, presents a unique opportunity for a discerning buyer or lessee. Situated on a 0.39-acre lot in the CPA submarket cluster of Cumberland County, this single-story building boasts a prominent corner location with high visibility. The property features ample parking with 15 spaces, making it convenient for customers. Built in 2000 and renovated in the same year, the building is well-maintained and ready for immediate occupancy. The zoning is Commercial Limited, offering flexibility for various uses. The property has a total of 1,100 square feet, currently vacant, and is ideal for a restaurant or similar commercial venture. Taxes are $2.36 per square foot. This location has a rich history as an established cheesesteak and sub shop, operating successfully for over 20 years, providing a strong foundation for future success. The property's address is 5155 Simpson Ferry Rd, Mechanicsburg, PA 17050. The APN is 10-22-0525-084A. This is a rare opportunity to acquire a well-established commercial property in a thriving area.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $260,943
- 6.5%
- $240,871
- 7%
- $223,666
-
Comparable approach
- Method
- Valuation
- Relative Method
- $214,145
- Geo Method
- $131,900
-
Alternative Use
- Use
- Valuation
- Residential
- $203,184
- Hospitality
- $186,115
- Educational
- $154,846
- Medical
- $160,171
- Retail
- $240,871
Location Insight
- City
- Mechanicsburg
- County
- Cumberland
- State
- Pennsylvania
- Latitude
- 40.2188
- Longitude
- -76.9781
- CBSA code
- 25420
- CBSA name
- HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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