43 Market StMillerstown, PA 17062

Property Details for 43 Market St

Lot size

0.25 AC

Zone code

RES

Property type

Retail properties

Property subtype

Retail space

APN

170,020.02-003.000

APU

17002002003000

Description

This exceptional investment opportunity presents a three-story, 14,400 square foot shopping center located at 43 N Market Street in Millerstown, Pennsylvania. Built in 1920, this historically significant building, originally a shirt factory, is currently operating as a fully occupied antique gift mall. The property sits on a 0.25-acre lot and offers 18 parking spaces, providing ample convenience for customers. Zoned Commercial-Store, this versatile property is ideally suited for a variety of retail uses. The asking price is $290,000, translating to $20.14 per square foot. The building's solid construction and prime location in the thriving Millerstown community make this a compelling investment for owner-occupants or those seeking a strong return on investment. Detailed financial information is available upon request. This multi-tenant property offers a unique blend of historical charm and modern retail potential, presenting a rare opportunity to acquire a well-established commercial property in a desirable Pennsylvania town. The property's strong tenancy and established presence in the community ensure a stable income stream for the new owner. The building's substantial size and versatile zoning provide ample room for expansion or adaptation to suit a variety of retail concepts. Don't miss this chance to own a piece of Millerstown's history and secure a profitable future.

• CAP approach

  CAP return

  Valuation

  6%

  $2,741,431

  6.5%

  $2,530,552

  7%

  $2,349,798

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,565,970

  Geo Method

  $1,726,426

• Alternative Use

  Use

  Valuation

  Residential

  $2,134,615

  Hospitality

  $1,955,296

  Educational

  $1,626,783

  Medical

  $1,682,731

  Retail

  $2,530,552

Location Insight

City

Millerstown

County

Perry

State

Pennsylvania

Latitude

40.552

Longitude

-77.1572

CBSA code

25420

CBSA name

HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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