310 2Nd StHarrisburg, PA 17101

Property Details for 310 2Nd St

Year built

1965

Lot size

0.10 AC

Property size (Sq ft)

9,864 SF

Property type

Turn key restaurants

APN

04-029-006

APU

4029006

Description

This exceptional 9,864-square-foot commercial property, located in Harrisburg, Pennsylvania's vibrant downtown, is available for $1,200,000 ($121.65/sq ft). Formerly a thriving two-level restaurant and bar with a rooftop seating area, this 2016-renovated space boasts high visibility on "Restaurant Row." The sale includes all furnishings, fixtures, and equipment. Situated on a 0.11-acre lot, the property is zoned for diverse commercial uses, including bakery, coffee shop, bed and breakfast, childcare center, artisan studio, office, financial institution, school, and more. Its prime location offers easy access to Strawberry Square, the Whitaker Center, Harrisburg University, hotels, and state government offices. An on-site elevator adds convenience. This turnkey opportunity presents a unique chance to establish a successful business in a thriving downtown area. The property's versatile zoning and extensive amenities make it an ideal investment for a variety of commercial ventures. This is a rare opportunity to acquire a fully equipped and renovated space in a high-traffic, desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,341,520

  6.5%

  $2,161,403

  7%

  $2,007,017

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,270,916

  Geo Method

  $1,563,772

• Alternative Use

  Use

  Valuation

  Residential

  $1,823,224

  Hospitality

  $1,670,064

  Educational

  $1,389,473

  Medical

  $1,437,260

  Retail

  $2,161,403

Location Insight

City

Harrisburg

County

Dauphin

State

Pennsylvania

Latitude

40.262

Longitude

-76.8859

CBSA code

25420

CBSA name

HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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