Mixed-Use Building with
512 N 3rd Street, Harrisburg, PA 17101
For Sale
$285,000
A first-floor delicatessen with kitchen equipment is paired with an upper-level apartment in a mixed-use property.
Property Size1,711 SF
Price / SF$166.57
Days on Market20
Property Features for 512 N 3rd Street
General Information
Standard status
Size
Zoning
Additional Details
Mixed-Use Components
Currently Operating
Taxes and HOA fees
Annual Taxes
Amenities
Electric
Yes
Electric,Natural Gas
Negotiable
Public
0.01
No
Estimated
1711.00
Building Details
Building Size
Year Built
Listing Agency:
NextHome Capital Realty
(717) 409-6500
Listed By:
Thomas Ryan Bechtold · License PA RS345409
(717) 383-3755
Source:
Jmdiamondrealty
Added: Oct 21
Changed: Nov 9
Last Checked: Nov 9 at 7:21PM
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 NextHome Capital Realty
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Investment Insights
Based on property information with market context.
The ground floor is configured as a delicatessen and includes full kitchen equipment. Above it, a one-bedroom apartment extends across two stories, creating a residential component within the property. The building dates to 1900 and is zoned MIXED USE.
At 512 N 3rd Street in downtown Harrisburg, the property sits across from the Capitol Complex. A mural by Emily Ding is featured on the building’s exterior.
At 512 N 3rd Street in downtown Harrisburg, the property sits across from the Capitol Complex. A mural by Emily Ding is featured on the building’s exterior.
Key Highlights
- First‑floor delicatessen includes full kitchen equipment
- One‑bedroom apartment spans two stories above the commercial space
- Located across from the Capitol Complex at 512 N 3rd Street, Harrisburg
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,789
Cap Rate
7.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$415,780
$415.8K
Cap Rate 7%
$296,986
$297.0K
Cap Rate 9%
$230,989
$231.0K
Market Conditions
NOI Build-Up for 1,711 SF
Gross rent
$37.0K $21.60/SF
− Vacancy
−$3.7K −$2.16/SF
EGI
$33.3K $19.44/SF
− OpEx
−$12.5K −$7.29/SF
NOI
$20.8K $12.15/SF
Area
Dauphin County, PA
Vacancy
10.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$415,780
Cap Rate 7%
$296,986
Cap Rate 9%
$230,989
Alternative Uses
Best Use
Mixed Use
$297.0K
$259.9K – $346.5K
NOI $20,789 @ 7.0% cap · market cap 7.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$375.7K
$328.8K – $438.4K
NOI $26,301 @ 7.0% cap · market cap 9.23%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,527
Businesses Nearby
22k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 67%
Hotels & Casinos 18%
Groceries 8%
Home Improvements & Furnishings 5%
First National Bank
Shops & Services
5,463 visits/mo
0.2 miles
Shell
Shops & Services
4,310 visits/mo
0.2 miles
Crowne Plaza Harrisburg-Hershey
Hotels & Casinos
3,873 visits/mo
0.4 miles
Firestone Complete Auto Care
Shops & Services
3,368 visits/mo
0.2 miles
Fine Wine & Good Spirits
Groceries
1,720 visits/mo
0.4 miles
Demographics for 17101, PA
2,901
Population
2,190
Households
1.3
Avg Household Size
36
Median Age
46%
College-Educated
96%
High-School Grad
0.5 sq mi
ZIP Area
5,802
Density / Sq Mi
$70,100
Median Household Income
$59,114
Median Earnings
$984
Median Rent
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Mixed-use properties in Dauphin County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A first-floor delicatessen with kitchen equipment is paired with an upper-level apartment in a mixed-use property.
Where is this mixed-use property located?
The property is located at 512 N 3rd Street Harrisburg, PA.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: First‑floor delicatessen includes full kitchen equipment; One‑bedroom apartment spans two stories above the commercial space; Located across from the Capitol Complex at 512 N 3rd Street, Harrisburg
