4714 Orchard StHarrisburg, PA 17109

Property Details for 4714 Orchard St

Year built

1924

Construction

FRAME

Lot size

0.15 AC

Property size (Sq ft)

1,719 SF

Property type

Office properties

Property subtype

Other office properties

APN

35-053-052

APU

35053052

Description

This 2,380 square foot commercial building, located at 4714 Orchard St in Harrisburg, Pennsylvania, presents a unique investment opportunity. Originally built in 1924 and extensively renovated in 2014, this two-story building sits on a 0.15-acre lot (APN 35-053-052-000-0000) and is zoned for Office Park use. The property offers high visibility in a high-traffic area with convenient access to major interstates. Ten on-site parking spaces are available for tenants or customers. Previously used as a salon, the versatile space is suitable for a variety of uses including retail, traditional office, or creative office spaces, and personal service businesses. Its proximity to numerous local and national retailers adds to its appeal, making it an ideal location for businesses seeking a strong presence in a thriving market. The asking price is $310,000. This single-unit building offers a compelling opportunity for investors seeking a strategically positioned commercial asset in the desirable Harrisburg area.

• CAP approach

  CAP return

  Valuation

  6%

  $277,590

  6.5%

  $256,237

  7%

  $237,934

• Comparable approach

  Method

  Valuation

  Relative Method

  $157,045

  Geo Method

  $108,142

• Alternative Use

  Use

  Valuation

  Residential

  $317,733

  Hospitality

  $291,042

  Educational

  $242,144

  Medical

  $250,471

  Retail

  $376,668

Location Insight

City

Harrisburg

County

Dauphin

State

Pennsylvania

Latitude

40.3047

Longitude

-76.8103

CBSA code

25420

CBSA name

HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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