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    304 Market St Lemoyne, PA 17043

    Sponsored
    For Sale
    $1,570,000

    High-yield 13-unit building, prime location.

    Property size:
    10,300 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional mixed-use property, located at 304 Market Street in Lemoyne, Pennsylvania, presents a compelling investment opportunity. The 10,300 square foot building sits on a 0.42-acre lot and comprises thirteen units: ten residential apartments (a mix of studios and one-bedroom units) and three commercial spaces. The commercial units consist of two street-level storefronts and one sizable basement unit, offering diverse income streams. The property's central Lemoyne location ensures high visibility and accessibility for both residential and commercial tenants. This is an ideal investment for those seeking a diversified portfolio with strong rental income potential. The property is priced at $1,570,000. Note that this property may be available as part of a larger package deal including a ten-unit building in Enola (listed separately at $1.2 million) and/or a three-unit building in New Cumberland. Serious inquiries are encouraged to explore this unique investment opportunity further and discuss potential package deals. Detailed financial statements and tenant occupancy information are available upon request. This is a rare chance to acquire a substantial mixed-use property in a thriving Pennsylvania community.

    Property Features for 304 Market St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    10,300 SF
    Lot Size
    18,295 SF

    Building Details

    Year Built
    1920
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lemoyne
    County
    Cumberland
    State
    Pennsylvania
    Longitude
    -76.89438
    Latitude
    40.24632

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    FAQs

    What type of property is this?
    Mixed-use property - High-yield 13-unit building, prime location.
    Where is this mixed-use property located?
    The property is located at 304 Market St Lemoyne, PA.
    What is the asking price?
    The asking price for this property is $1,570,000.
    (717) 757-2717
    Request Owner's contact information
    304 Market St Lemoyne, PA 17043
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    Lemoyne, PA 17043
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    304 Market St Lemoyne, PA 17043
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