85 Main StLeola, PA 17540
- Industrial properties
- 5,178 SF
Property Details for 85 Main St
- Year built
- 1840
- Construction
- FRAME
- Lot size
- 0.42 AC
- Property size (Sq ft)
- 5,178 SF
- Zone code
- MU
- Property type
- Industrial properties
- Property subtype
- Distribution centers
- APN
- 360-80617-0-0000
- APU
- 3608061700000
Description
This exceptional mixed-use property located at 85 W Main Street in the vibrant town of Leola, Pennsylvania, presents a unique investment opportunity. The building sits on a 0.42-acre lot and offers a blend of established commercial space and significant upside potential. Currently, the ground floor houses a thriving leather shop, providing immediate rental income. Upstairs, a spacious vacant warehouse awaits its next tenant or a creative conversion. The warehouse features a convenient loading dock, simplifying logistics and operations. The property also boasts ample parking with eight designated spaces, a significant advantage in a busy downtown area. The building is equipped with central air conditioning, ensuring year-round comfort for occupants. This versatile property is ideally suited for a variety of uses, from expanding the existing leather shop to creating additional retail or office space. The combination of a proven income stream and substantial development potential makes this an attractive proposition for savvy investors seeking a strong return on investment in a desirable Pennsylvania location. The property's prime downtown location offers excellent visibility and accessibility, ensuring high foot traffic and easy access for customers and employees. The 0.42-acre lot provides ample space for potential expansion or outdoor amenities. This is a rare opportunity to acquire a well-located, mixed-use property with immediate income and significant long-term growth potential. Don't miss out on this chance to own a piece of Leola's thriving commercial landscape. The asking price is $624,900.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $914,804
- Hospitality
- $837,956
- Educational
- $697,170
- Medical
- $721,146
- Retail
- $1,084,486
Location Insight
- City
- Leola
- County
- Lancaster
- State
- Pennsylvania
- Latitude
- 40.0876
- Longitude
- -76.1906
- CBSA code
- 29540
- CBSA name
- LANCASTER, PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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