1031 Eisenhower BlvdHarrisburg, PA 17111
- Retail properties
- 3,616 SF
Property Details for 1031 Eisenhower Blvd
- Year built
- 1958
- Lot size
- 2.62 AC
- Property size (Sq ft)
- 3,616 SF
- Property type
- Retail properties
- Property subtype
- Turn key restaurants
- APN
- 63-062-068
- APU
- 63062068
Description
This exceptional Harrisburg retail property, located at 1031 Eisenhower Blvd, presents a unique investment opportunity. The 4,500 square foot building sits on a generous 2.5-acre lot, zoned for commercial use. Currently configured as a fully-equipped restaurant and bar, the property includes a valuable Dauphin County "R" Liquor License, a significant asset for continued operation or future development. Its strategic location offers unparalleled convenience, with easy access to major roadways including I-83, I-283, Route 322, and the Pennsylvania Turnpike. Furthermore, Harrisburg International Airport is only 10 minutes away. The property benefits from its proximity to numerous shopping plazas, anchored by major national retailers, ensuring high visibility and foot traffic. This turnkey operation is ideal for an established business seeking expansion or a savvy investor looking for a high-return opportunity in a thriving market. The asking price for this exceptional property is $1,300,000. This presents a rare chance to acquire a fully operational business with significant upside potential in a prime Harrisburg location. Don't miss this chance to own a piece of Harrisburg's vibrant commercial landscape.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $858,367
- 6.5%
- $792,339
- 7%
- $735,744
-
Comparable approach
- Method
- Valuation
- Relative Method
- $832,485
- Geo Method
- $573,256
-
Alternative Use
- Use
- Valuation
- Residential
- $668,368
- Hospitality
- $612,221
- Educational
- $509,361
- Medical
- $526,879
- Retail
- $792,339
Location Insight
- City
- Harrisburg
- County
- Dauphin
- State
- Pennsylvania
- Latitude
- 40.2348
- Longitude
- -76.8035
- CBSA code
- 25420
- CBSA name
- HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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