128 South Main Street, Spring Grove, PA 17362

Building Details

Year Built

1920

Listing office ROCK Commercial Real Estate Show Phone

Listing date Jul 1, 2026

Source Crexi

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Overview

This mixed-use property includes a grocery store/takeout restaurant on the first floor and 10 apartments on the 2nd and 3rd floors. The seller currently operates the business and plans to close the store for a new operator, who may choose to rent the space or operate their own concept. The residential component has monthly rental rates between $800 and $900, with nine apartments currently rented and one studio apartment available.

The property is offered for sale at 128 South Main Street in Spring Grove, Pennsylvania. The building configuration supports a live-and-work style setup, with the food sales operation and the apartments contained within the same structure.

For tenants and buyers, the asset offers two income streams in one building: daily-use retail/takeout space below and apartment rentals above. The seller reports a current NOI of $41,600, with potential NOI of $63,800. The provided underwriting indicates an 8.5% cap rate, based on the figures above.

Suggested Use

Real Estate Agency Gym & Fitness Center Skin Care Clinic HVAC Service Bakery Acupuncture Tech Support Center (Bike/Boat/Book/etc) Store Auto Repair Shop Garden Center

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

Location Insight

• Map
• Local Demand

City

Spring Grove

County

York

State

Pennsylvania

Longitude

-76.865745

Latitude

39.872561

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FAQs

What type of property is this?

Apartment building - First-floor grocery/takeout with income apartments upstairs, providing space for an operator and rental income.

Where is this apartment building located?

The property is located at 128 South Main Street Spring Grove, PA.

What is the asking price?

The asking price for this property is $749,000.

What are key features of this property?

This property features: 1920‑built mixed‑use building with grocery/takeout space on the first floor; 10 apartments on the 2nd and 3rd floors; rental rates between $800–$900/month; 9 apartments currently rented plus 1 studio available for rent