3301 Schoolhouse LnHarrisburg, PA 17109

Property Details for 3301 Schoolhouse Ln

Year built

1962

Lot size

0.34 AC

Property size (Sq ft)

2,165 SF

Property type

Office properties

APN

62-038-001

APU

62038001

Description

This exceptional 1,718 square foot executive office suite is situated in a charming Harrisburg, PA location, conveniently located near the intersection of Walnut Street and Progress Avenue, approximately 250 yards away. The suite, part of a two-building, 3,000 square foot complex, is currently available for lease within a multi-tenant building. Built in 1962 and classified as a Class B property, it boasts a dedicated private entrance and two private restrooms. The potential exists to add more restrooms to meet specific needs. The property sits on a 0.34-acre lot and offers ample parking with 13 spaces. The suite is ideal for a variety of uses, including a small daycare, professional/medical/therapy office, or a retail/commercial business. The property features 225V - 100 Amp power. Its zoning is BOR (Business Office Residential), located in Dauphin County and within five miles of Harrisburg Area Community College (HACC). The building offers easy access to US 22 and Progress Avenue. This presents a unique opportunity to establish a presence in a well-located and established commercial area. The existing tenant, Smith Chiropractic & Wellness Center, speaks to the property's appeal and suitability for a variety of businesses.

• CAP approach

  CAP return

  Valuation

  6%

  $349,611

  6.5%

  $322,718

  7%

  $299,667

• Comparable approach

  Method

  Valuation

  Relative Method

  $197,790

  Geo Method

  $136,200

• Alternative Use

  Use

  Valuation

  Residential

  $400,170

  Hospitality

  $366,554

  Educational

  $304,969

  Medical

  $315,457

  Retail

  $474,396

Location Insight

City

Harrisburg

County

Dauphin

State

Pennsylvania

Latitude

40.2833

Longitude

-76.8396

CBSA code

25420

CBSA name

HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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