2201 2Nd StHarrisburg, PA 17110

Property Details for 2201 2Nd St

Year built

1910

Lot size

0.10 AC

Property size (Sq ft)

3,828 SF

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

10-061-080

APU

10061080

Description

This well-maintained, three-story Class B office building at 2201 N 2nd St, Harrisburg, PA 17110, offers 3,828 square feet of space, plus an additional approximately 1,600 square feet of basement area. Built in 1938 and extensively renovated in 2024, the property sits on a 0.11-acre lot (APN: 10-061-080) and is zoned for Residential Medium Density. Currently vacant, this executive office building presents a unique investment opportunity. Its prime location near the Governor's Mansion provides easy access to I-81 and I-83, offering convenient access to both east and west shore amenities. The first floor has historically been occupied by law firms (grandfathered use), while the upper floors offer potential for conversion into apartments. Street parking is available, with the possibility of adding additional parking on the site. The asking price is $398,000 ($103.98/sq ft). This property is ideal for investors or owner-operators seeking a versatile building in a highly desirable location, minutes from the PA State Capitol Complex and Downtown Harrisburg. The previous tenant, a law firm, may be interested in leasing back space if desired by the new owner.

• CAP approach

  CAP return

  Valuation

  6%

  $618,158

  6.5%

  $570,607

  7%

  $529,850

• Comparable approach

  Method

  Valuation

  Relative Method

  $349,719

  Geo Method

  $240,819

• Alternative Use

  Use

  Valuation

  Residential

  $707,553

  Hospitality

  $648,115

  Educational

  $539,224

  Medical

  $557,769

  Retail

  $838,793

Location Insight

City

Harrisburg

County

Dauphin

State

Pennsylvania

Latitude

40.2801

Longitude

-76.8991

CBSA code

25420

CBSA name

HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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