3 S MAIN STREET, Mercersburg, PA 17236
MULTI_FAMILY - Other - MERCERSBURG, PA
- Added:
- Jun 27, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 28 at 5:06 pm
Property Features for 3 S MAIN STREET
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Active
- Size
- 2,500 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5744
Utilities
- Heating system
- Other (Heating)
- Cooling system
- Ductless
Building Details
- Year built
- 1792
- Number of units
- 4
- Building materials
- Log, Vinyl Siding
- Architectural style
- Other
Listing agent Lauren Gardner License #RS365621 (717) 609-6059
Listing office Keller Williams of Central PA 700 Bent Creek Boulevard, Enola, PA (717) 761-4300
Listing date Jun 27, 2026
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Mixed‑use property with two commercial spaces on the main/lower level and two residential apartments above
- Ductless cooling and Other (Heating) system
- Parking available on street
- Restored property with log and vinyl siding construction
- Built in 1792
Overview
Located at 3 S Main Street in Mercersburg, PA, the property benefits from a Main Street setting with visibility for the street-facing commercial spaces. The configuration supports day-to-day customer access for retail or service tenants while allowing the residential units to operate above the commercial level.
For tenants, this building’s mixed setup can suit operators who want proximity to retail traffic and the convenience of on-site neighbors. For buyers, the combination of two commercial spaces and two apartments provides a straightforward structure for operating or leasing the property as a single asset, with both residential and commercial components already defined in the current layout.
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.0k | $18.00 |
| − Vacancy | −$5.4k | −$2.16 |
| EGI | $39.6k | $15.84 |
| − OpEx | −$14.9k | −$5.94 |
| NOI | $24.8k | $9.90 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Mercersburg
- County
- Franklin
- State
- Pennsylvania
- Longitude
- -77.90335
- Latitude
- 39.82812
