5315 Trindle RdMechaniscburg, PA 17050

  • Medical offices
  • 5,000 SF
For Sale
$90,000 View listing

Property Details for 5315 Trindle Rd

Lot size
1.19 AC
Property size (Sq ft)
5,000 SF
Property type
Medical offices
Property subtype
Medical centers
APN
10-23-0563-003
APU
10230563003

Description

This profitable, recently renovated restaurant in Mechanicsburg, PA, presents a unique investment opportunity. Located at 5315 E Trindle Rd, this 1,250 square foot, single-story establishment sits on a one-acre lot and is zoned for commercial use. Built in 1996, the property features a net lease investment structure with an asking price of $90,000 ($72 per square foot). The restaurant boasts a diverse menu, attracting a loyal customer base. The interior has been recently updated, creating a modern and inviting atmosphere. With four units and 1,250 square feet of air rights, this Class C property offers significant potential for growth. The business is currently operating under a leasehold ownership. This turnkey operation is ready for a new owner to capitalize on its established success and strong customer base within the Cumberland County market. The property's prime location and unique culinary concept make it an attractive investment for experienced restaurateurs seeking a profitable venture in a thriving community. This is a for-sale-by-owner opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,066,782
    6.5%
    $984,722
    7%
    $914,385
  • Comparable approach

    Method
    Valuation
    Relative Method
    $510,686
    Geo Method
    $314,550
  • Alternative Use

    Use
    Valuation
    Residential
    $1,221,055
    Hospitality
    $1,118,480
    Educational
    $930,562
    Medical
    $962,566
    Retail
    $1,447,541

Location Insight

City
Mechanicsburg
County
Cumberland
State
Pennsylvania
Latitude
40.2172
Longitude
-76.9949
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
$6,666
$297,500
$172,500
$470,000
-
$297,500
$172,500
$470,000

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