5828 Route 220 HwyLinden, PA 17744

  • Mixed-use properties
  • 1,447 SF
For Sale
$895,000 View listing

Property Details for 5828 Route 220 Hwy

Year built
1946
Lot size
0.90 AC
Property size (Sq ft)
1,447 SF
Zone code
RES
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
60+,004.0-0111.00-000+
APU
600040011100000

Description

This exceptional mixed-use property in Linden, PA, presents a unique investment opportunity. The 6,229 square foot building, constructed in 2004, sits on a 0.9-acre lot with excellent highway visibility on Route 220. Currently operating as a thriving antique mall with 40 rented vendor spaces, this property generates immediate monthly income. Two additional rental apartments contribute further to the robust cash flow. A fully equipped commercial kitchen is ideal for a small cafe or similar business, and a separate tack shop retail space offers further diversification. The property includes ample parking for 12 vehicles, and additional undeveloped land at the rear provides potential for future expansion. The building itself is a spacious 40' x 80' two-story warehouse. The seller is offering the property "AS IS," and is willing to negotiate the inclusion of a valuable inventory of antiques, jewelry, glass display cabinets, a library, and personal inventory. This turnkey operation offers a rare blend of established income and significant upside potential. Don't miss this chance to acquire a versatile property with multiple income streams in a prime location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $233,666
    6.5%
    $215,692
    7%
    $200,285
  • Comparable approach

    Method
    Valuation
    Relative Method
    $132,195
    Geo Method
    $91,031
  • Alternative Use

    Use
    Valuation
    Residential
    $267,458
    Hospitality
    $244,990
    Educational
    $203,829
    Medical
    $210,839
    Retail
    $317,067
5828 Route 220 Hwy, Linden, Pennsylvania

Location Insight

City
Linden
County
Lycoming
State
Pennsylvania
Latitude
41.2303
Longitude
-77.1476
CBSA code
48700
CBSA name
WILLIAMSPORT, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$3,798
$20,000
$133,610
$153,610
-
$20,000
$133,610
$153,610

FAQs

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