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Palmyra,PA 17078
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $190
MLS Listing ID PALN2021192
Year Built 1960
Annual Tax Amount $6,953
Tax Year 2025
Lot Size 0.440 Acres
Acres 0.44
Property Sub-Type Retail
Source BRIGHT
Property Description
For Sale - 3600 SF of retail located on heavily traveled route 422. Over 20,000 daily vehicle count. Current Tenant is an established auto repair business with gross rent at $48000. New Owner would have the right to terminate the current lease with 180 notice to Tenant and occupy the whole property if needed. Highway commercial zoning allows for a multitude of retail or office uses. Possibility for indoor rec, salon, flex, light manufacturing and more. Versatile layout would allow for multiple Tenants making this a great option for an owner user that wants to have its mortgage covered by the current Tenant or an investor that wants to place multiple Tenants and increase cash flow further. Brand new HVAC and newer roof. Property is in excellent condition. One vehicle lift is included in sale. Ample parking with 27 spots and rear alley access. There is approximately 400 SF of bonus lofted space which could be used for additional office, storage or other business needs.
Location
State PA
County Lebanon
Area Palmyra Boro (13216)
Zoning COMMERCIAL HIGHWAY
Interior
Hot Water Natural Gas
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Spaces 27.0
Water Access N
Roof Type Rubber
Accessibility 2+ Access Exits,36\"+ wide Halls
Total Parking Spaces 27
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Palmyra Area
Others
Tax ID 16-2287833-355288-0000
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional
Special Listing Condition Standard