127 7Th StAkron, PA 17501

Property Details for 127 7Th St

Year built

1952

Construction

BRICK

Lot size

0.11 AC

Property size (Sq ft)

3,440 SF

Zone code

C-1

Property type

Retail properties

Property subtype

Retail space

APN

020-86062-0-0000

APU

208606200000

Description

This exceptional 3,000-square-foot mixed-use building presents a unique investment opportunity in Akron, Pennsylvania. Situated on a 0.11-acre lot, this two-story property boasts a versatile layout ideal for a variety of commercial ventures. The main building features approximately 1,700 square feet of first-floor office/showroom space, complete with a half-bath. Above, a 1,300-square-foot, two-bedroom, two-bathroom apartment offers additional income potential or comfortable owner-occupied living. Two dedicated off-street parking spaces are included with the apartment. A separate 1,300-square-foot detached warehouse/shop building provides ample storage or workshop space. This structure includes a 400-square-foot mezzanine, an 8' x 10' overhead door at the loading dock, and impressive 14-foot ceiling height to the open rafters. The entire property is zoned C-1 - Commercial District (Akron Borough) within Lancaster County. The building offers 12 total parking spaces. This property is currently vacant and ready for immediate occupancy. The unfinished basement adds further potential for expansion or customization. This is a rare opportunity to acquire a versatile commercial property with significant upside in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $780,517

  6.5%

  $720,477

  7%

  $669,015

• Comparable approach

  Method

  Valuation

  Relative Method

  $664,720

  Geo Method

  $1,015,313

• Alternative Use

  Use

  Valuation

  Residential

  $607,750

  Hospitality

  $556,695

  Educational

  $463,164

  Medical

  $479,093

  Retail

  $720,477

Location Insight

City

Akron

County

Lancaster

State

Pennsylvania

Latitude

40.1598

Longitude

-76.203

CBSA code

29540

CBSA name

LANCASTER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].