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Mixed-Use Income Property
For Sale
$398,000

232 232-230 North Main St, Mercersburg, PA 17236

Fully occupied mixed-use building with a ground-floor commercial tenant and two upper residential apartments.

Property SizeContact for details
Days on Market48

Property Features for 232 232-230 North Main St

General Information

Standard status Active
Occupancy 100%

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Multifamily Units 2

Building Details

Year Built 1957
Tenancy Multi
Listing Agency: Berkshire Hathaway HomeServices Homesale Realty
Listed By: Natasha G Distasio · License #RS295348
Source: Kandorre
Added: Jul 20 Changed: Sep 4 Last Checked: Sep 5 at 10:48AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Homesale Realty

Investment Insights

Based on property information with market context.

This well-maintained mixed-use property is fully occupied and income-producing, with over $62,000 in annual gross income. The configuration includes a commercial tenant on the first floor and two upper-level residential apartments, each occupied by long-term tenants.

The building is located along Route 16, with convenient access to Interstate 81, Route 522, Route 75, and the Pennsylvania Turnpike, supporting both commercial and residential accessibility.

For sale as a turnkey income-producing asset, 232 N Main features a stable, long-tenant setup across both commercial and residential components.

Key Highlights

  • Mixed‑use building built in 1957 with ground‑floor commercial space plus two upper residential apartments
  • Fully occupied: long‑standing commercial tenant on the first floor and both upper‑level apartments occupied by long‑term tenants
  • Generates over $62,000 in annual gross income

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Plumbing Service Pharmacy Building Supply Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

260
Businesses Nearby

Demographics for 17236, PA

8,620
Population
3,741
Households
2.3
Avg Household Size
44
Median Age
21%
College-Educated
89%
High-School Grad
125.7 sq mi
ZIP Area
69
Density / Sq Mi
$81,074
Median Household Income
$42,283
Median Earnings
$986
Median Rent
$250,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully occupied mixed-use building with a ground-floor commercial tenant and two upper residential apartments.
Where is this mixed-use property located?
The property is located at 232 232-230 North Main St Mercersburg, PA.
What is the asking price?
The asking price for this property is $398,000.
What are key features of this property?
This property features: Mixed‑use building built in 1957 with ground‑floor commercial space plus two upper residential apartments; Fully occupied: long‑standing commercial tenant on the first floor and both upper‑level apartments occupied by long‑term tenants; Generates over $62,000 in annual gross income
More about this property
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