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112 Walnut St Dallastown, PA 17313

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For Sale
$1,995,000

High-Occupancy, Value-Add Potential

Property Features for 112 Walnut St

General Information

Property type
Other commercial real estate
Lot Size
14,375 SF

Building Details

Year Built
1906

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Listing Contact
Brittani Snyder
Brittani Snyder

Listing Agency: Iron Valley Real Estate of York County Listing Agent: Brittani Snyder

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional 180-unit self-storage facility, situated on a 0.33-acre corner lot in the heart of Dallastown, Pennsylvania, presents a compelling investment opportunity. Boasting 31,498 square feet, the property enjoys a highly desirable non-conforming status, preventing future competition. Currently operating at 95% occupancy with below-market rents, this facility offers significant upside potential. Value-add strategies include raising rents to market rates, leasing vacant units, and developing the 4,000-square-foot second floor into additional storage space. Recent capital improvements, completed in 2022, include a $90,000 blacktop road resurfacing and a $20,000 keyless entry system upgrade. The sale includes a website, security cameras, the keyless entry system, and an elevator shaft connecting the ground and second floors. The property is being offered at a 7.7% cap rate based on actual financial performance. Detailed financial statements, a property survey, and a clean environmental Phase 1 report are available upon request. The seller, currently divesting from this asset, is open to seller financing via a second mortgage, making this an even more attractive proposition for qualified buyers. This presents a rare chance to acquire a well-established, high-performing self-storage facility with substantial room for growth and increased profitability.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

Location Insight

  • Map
  • Local Demand
City
Dallastown
County
York
State
Pennsylvania
Longitude
-76.6451
Latitude
39.89959

FAQs

What type of property is this?
Commercial real estate - High-Occupancy, Value-Add Potential
Where is this commercial real estate located?
The property is located at 112 Walnut St Dallastown, PA.
What is the asking price?
The asking price for this property is $1,995,000.
More about this property
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