Property summary
This exceptional mixed-use property, located at 128 S Main St in Spring Grove, Pennsylvania (zip code 17362), presents a compelling investment opportunity. The three-story building, situated on a 10,634 square foot lot, boasts 11 rental units: nine one-bedroom units and one efficiency apartment. The former Spring Grove Hotel, occupying the first floor, offers a sizable space previously used as a bar and restaurant, currently vacant and available for lease. Some kitchen equipment is included… in the sale. The first floor features gas, forced-air heating, and central air conditioning (FHA and CAC). The upper floors, housing the residential units, have heating systems; the second floor has heat only. The property offers off-street parking for approximately eight vehicles. The roof was recently replaced in 2017. The building is zoned Village. The annual real estate taxes are $7,657. The asking price for this 11-unit multifamily property is $990,000, representing a price per unit of $90,000. The landlord currently pays all utilities. This property offers a unique blend of commercial and residential income streams, making it an attractive addition to any investment portfolio. The large lot size and prime location in Spring Grove, York County, PA, further enhance its value and potential for future growth.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 9 properties nearbyComparable nearby
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 10,634 SF
- Lot area
- 0.19 ac
- Year built
- 1920
- Stories
- 3
- APN
- 85-000-02-0143.00-00000
- Zoning
- CN
- Assessed value · 2024
- $207,010
- Annual tax · 2024
- $7,658
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
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- Full Property Data
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- Value Estimation
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- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Alternative use
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