1300 State StHarrisburg, PA 17103

Property Details for 1300 State St

Year built

1900

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.04 AC

Property size (Sq ft)

2,174 SF

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

08-021-030

APU

8021030

Description

This exceptional 1,013-square-foot retail space at 1300 State Street in Harrisburg, Pennsylvania, presents a unique investment opportunity. Located on a 0.05-acre lot, this three-story building, constructed in 1900, boasts a traditional storefront ideal for a variety of businesses. The property features a spacious main retail area, complemented by convenient rear offices and ample storage space, perfectly suited for a business requiring both customer interaction and back-of-house functionality. The previous tenant successfully operated a salon and spa, demonstrating the property's adaptability and potential. The building offers 200 amps of power, ensuring sufficient electrical capacity for most retail operations. Zoned for medium-density residential, this location benefits from high visibility and foot traffic. The property's address is 1300 State Street, Harrisburg, PA 17103, with Dauphin County APN 08-021-030. The entire 1,013 square feet is currently vacant and ready for immediate occupancy. This is a single-tenant property offering a rare chance to establish a thriving business in a desirable Harrisburg location. The building's historical charm combined with its modern functionality makes it an attractive proposition for discerning entrepreneurs. The property's location provides easy access to local amenities and transportation networks, further enhancing its appeal. Don't miss this chance to secure a prime retail space in a vibrant Pennsylvania city.

• CAP approach

  CAP return

  Valuation

  6%

  $351,065

  6.5%

  $324,060

  7%

  $300,912

• Comparable approach

  Method

  Valuation

  Relative Method

  $198,613

  Geo Method

  $136,766

• Alternative Use

  Use

  Valuation

  Residential

  $401,834

  Hospitality

  $368,078

  Educational

  $306,236

  Medical

  $316,768

  Retail

  $476,368

Location Insight

City

Harrisburg

County

Dauphin

State

Pennsylvania

Latitude

40.2697

Longitude

-76.8717

CBSA code

25420

CBSA name

HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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