1031 Eisenhower BlvdHarrisburg, PA 17111

  • Retail properties
  • 3,616 SF
For Sale
$1,300,000 View listing

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
1031 Eisenhower Blvd, Harrisburg, Pennsylvania

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$12,398
$243,500
$194,000
$437,500
-
$243,500
$194,000
$437,500

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