315 2Nd StHarrisburg, PA 17101

Property Details for 315 2Nd St

Year built

1900

Lot size

0.10 AC

Property size (Sq ft)

2,700 SF

Property type

Office properties

APN

04-019-008

APU

4019008

Description

This exceptional 8,300-square-foot office building presents a unique investment opportunity in Harrisburg's vibrant Central Business District. Located at 315 N. Second Street, this two-story, Class B building, built in 1900, offers a blend of historical charm and modern functionality. The property features impressive masonry construction and intricate millwork, reflecting its rich architectural heritage. On-site parking accommodates up to eight vehicles, a significant advantage in a bustling urban setting. The building is currently vacant, providing immediate occupancy for a new owner or tenant. With a lot size of 0.11 acres and a permitted CN zoning designation, the property offers flexibility for various uses. The asking price is $975,000, translating to $117.47 per square foot. Its prime location offers easy walkability to numerous businesses, restaurants, hotels, the state Capitol, and Riverfront Park, making it an attractive proposition for businesses seeking a prestigious and convenient address in Harrisburg, Pennsylvania (zip code 17101). The property's APN is 04-019-008. This building is suitable for creative, executive, or traditional office uses.

• CAP approach

  CAP return

  Valuation

  6%

  $436,005

  6.5%

  $402,466

  7%

  $373,718

• Comparable approach

  Method

  Valuation

  Relative Method

  $246,667

  Geo Method

  $169,857

• Alternative Use

  Use

  Valuation

  Residential

  $499,058

  Hospitality

  $457,134

  Educational

  $380,330

  Medical

  $393,410

  Retail

  $591,625

Location Insight

City

Harrisburg

County

Dauphin

State

Pennsylvania

Latitude

40.2624

Longitude

-76.8856

CBSA code

25420

CBSA name

HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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