55 Progress AveHarrisburg, PA 17109
- Office properties
- 7,560 SF
Property Details for 55 Progress Ave
- Year built
- 1984
- Construction
- FRAME
- Lot size
- 0.64 AC
- Property size (Sq ft)
- 7,560 SF
- Property type
- Office properties
- Property subtype
- Other office properties
- APN
- 62-037-217
- APU
- 62037217
Description
This Harrisburg, PA retail property, located at 55 S. Progress Avenue, offers 2,520 square feet of immediately available space in a 7,560 square foot multi-tenant building. Situated on a 0.64-acre lot, this Class C building boasts a convenient location at the heavily trafficked intersection of S. Progress Avenue and Route 22, ensuring high visibility and accessibility for your business. Built in 1984, the two-story structure is zoned for Mixed Use Corridor, offering flexibility for various retail ventures. The available space features a welcoming layout with a blend of shared and private workspaces, a convenient kitchen/breakroom, and ample storage. The property includes a rear parking lot directly accessible from the suite entrance, providing convenient parking for both employees and customers. The Dauphin County location (APN 62-037-217) offers excellent access to major transportation routes and a thriving local market. This is an exceptional opportunity to establish or expand your retail presence in a high-traffic area. The building does not have elevators.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,220,813
- 6.5%
- $1,126,905
- 7%
- $1,046,411
-
Comparable approach
- Method
- Valuation
- Relative Method
- $690,668
- Geo Method
- $475,600
-
Alternative Use
- Use
- Valuation
- Residential
- $1,397,362
- Hospitality
- $1,279,976
- Educational
- $1,064,925
- Medical
- $1,101,549
- Retail
- $1,656,550
Location Insight
- City
- Harrisburg
- County
- Dauphin
- State
- Pennsylvania
- Latitude
- 40.2839
- Longitude
- -76.8411
- 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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