Storefront Property with Office
601 N MOUNTAIN ROAD, Harrisburg, PA 17112
For Sale
$350,000
A signalized corner location is less than a quarter mile from Interstate 81.
Property Size1,500 SF
Price / SF$233.33
Days on Market45
Property Features for 601 N MOUNTAIN ROAD
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Corner Location
Highway Access
Road Access
Building Details
Year Built
Listing Agency:
ExecuHome Realty-Hanover
(443) 632-3000
Listed By:
PREM KHANAL · License #RS332873
(717) 802-7568
Source:
Cummingsrealtors
Added: Sep 24
Changed: Nov 6
Last Checked: Nov 6 at 10:25AM
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 ExecuHome Realty-Hanover
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Investment Insights
Based on property information with market context.
This vacant commercial storefront includes a front reception area and additional office space in the basement, along with a conference room and storage. The building was constructed in 1969 and has previously housed a chiropractic office, smoke shop, and grocery store. Commercial zoning is reported for the property; permitted uses are subject to township review.
The property occupies a corner along N. Mountain Road, where a traffic light is present. Interstate 81 is less than a quarter mile away.
The property occupies a corner along N. Mountain Road, where a traffic light is present. Interstate 81 is less than a quarter mile away.
Key Highlights
- Vacant storefront with a front reception area
- Basement includes office space, a conference room, and storage
- Corner property on N. Mountain Road with a traffic light
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,041
Cap Rate
4.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$300,820
$300.8K
Cap Rate 7%
$214,871
$214.9K
Cap Rate 9%
$167,122
$167.1K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$22.5K $15.00/SF
− Vacancy
−$1.0K −$0.68/SF
EGI
$21.5K $14.33/SF
− OpEx
−$6.4K −$4.30/SF
NOI
$15.0K $10.03/SF
Area
Dauphin County, PA
Vacancy
4.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$300,820
Cap Rate 7%
$214,871
Cap Rate 9%
$167,122
Alternative Uses
Best Use
Specialty Retail
$2.76M
$2.42M – $3.22M
NOI $193,388 @ 7.0% cap · market cap 55.25%
Second Best
Retail
$214.9K
$188.0K – $250.7K
NOI $15,041 @ 7.0% cap · market cap 4.30%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
345
Businesses Nearby
44k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 36%
Dining 27%
Home Improvements & Furnishings 22%
Hotels & Casinos 15%
Turkey Hill Minit Market
Shops & Services
11,955 visits/mo
0.1 miles
Hornungs Ace Hardware
Home Improvements & Furnishings
9,472 visits/mo
0.2 miles
SUBWAY
Dining
7,770 visits/mo
0.1 miles
Ramada
Hotels & Casinos
4,281 visits/mo
0.4 miles
Giovanni's Pizza
Dining
3,909 visits/mo
0.4 miles
Demographics for 17112, PA
37,137
Population
16,026
Households
2.3
Avg Household Size
44
Median Age
44%
College-Educated
95%
High-School Grad
69.6 sq mi
ZIP Area
534
Density / Sq Mi
$101,784
Median Household Income
$55,056
Median Earnings
$1,400
Median Rent
$290,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Storefront properties in Dauphin County, PA
Properties on Market for Storefront properties in Dauphin County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Storefront property - A signalized corner location is less than a quarter mile from Interstate 81.
Where is this storefront property located?
The property is located at 601 N MOUNTAIN ROAD Harrisburg, PA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Vacant storefront with a front reception area; Basement includes office space, a conference room, and storage; Corner property on N. Mountain Road with a traffic light
