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Waterfront Investment Opportunity

300-306 S Front St Lemoyne, PA

300-306 S Front St, Lemoyne, PA, 00000
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Five-building property with commercial and residential units, river views.

Property Size10,000 SF
Lot Size0.08 Acres
Price / SF$153.50
AddedNov 24, 2025
Days on Market233
Last RefreshMay 20 at 9:38 pm

Property Features for 300-306 S Front St

General Information

Standard status
Active
Size
10,000 SF
Lot size
0.08 Acres
Property subtype
MULTIFAMILY

Listing office Landmark Commercial Realty

Listing date Nov 24, 2025

Source Moodyscre

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 Landmark Commercial Realty


Investment Insights

Based on property information with market context.

This five-building property in Wormleysburg Borough presents an investment opportunity. The property includes two commercial units and 11 residential units, with layouts ranging from one to three bedrooms. The location offers views of the Susquehanna River and City Island. The property is situated just over the Market Street Bridge from downtown Harrisburg, providing access to I-83, I-81, and the PA Turnpike (I-76). It is also within walking distance of local eateries. Major renovations to 300 S Front St from 2021 to 2024 included a new exterior deck, updated electrical, lighting, siding, and a concrete sidewalk. The property is centrally located, providing access to both East and West Shore markets. The property has potential for added income from leasable units.

Key Highlights

  • Prime waterfront location with Susquehanna River and City Island views
  • Excellent investment opportunity with 2 commercial and 11 residential units
  • Centrally located with easy access to Downtown Harrisburg and both East and West Shore markets

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $144.0k $14.40
− Vacancy −$6.5k −$0.65
EGI $137.5k $13.75
− OpEx −$41.3k −$4.13
NOI $96.3k $9.63
10,000 SF · lease $14.40/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.38M
$1.20M – $1.60M (±1% cap)
NOI $96,264 @ 7.0% cap · market cap 6.27%
Second Best
Apartment 5plus
$1.21M
$1.06M – $1.41M (±1% cap)
NOI $84,464 @ 7.0% cap · market cap 5.50%
Theoretical Best
Office A
$2.32M
$2.03M – $2.71M (±1% cap)
NOI $162,605 @ 7.0% cap · market cap 10.59%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Parking Lot & Garage (Bike/Boat/Book/etc) Store Acupuncture Carpet & Flooring Store Furniture & Home Goods Home Appliance Store Florist (Bike/Boat/Book/etc) Store Daycare Center (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Apartment building - Five-building property with commercial and residential units, river views.
Where is this apartment building located?
The property is located at 300-306 S Front St Lemoyne, PA.
What is the asking price?
The asking price for this property is $1,535,000.
What are key features of this property?
This property features: Prime waterfront location with Susquehanna River and City Island views; Excellent investment opportunity with 2 commercial and 11 residential units; Centrally located with easy access to Downtown Harrisburg and both East and West Shore markets
Contact an agent
(717) 571-4978 Call to check price and availability
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