3-Unit Mixed-Use
New
For Sale
$359,900
632 Main St, Lykens, PA 17048
Renovated building combines storefront space with two upper-level apartments.
Property Size2,781 SF
Price / SF$129.41
Days on Market3
Property Features for 632 Main St
General Information
Standard status
Active
Size
2,781 SF
Units
Unit Mix
1 x 3BR/1BA (2-level apartment), 1 x 3BR/1.5BA
Multifamily Units
2
Building Details
Year Built
1860
Buildings
1
Tenancy
Multi
Listing Agency:
Keller Williams Elite
(717) 203-5528
Listed By:
Andrew Bartlett · License #RS337521
Source:
Kandorre
Added: Aug 2
Changed: Aug 3
Last Checked: Aug 3 at 2:57AM
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 Keller Williams Elite
Investment Insights
Based on property information with market context.
This 3-unit mixed-use property includes a commercial storefront with a full bathroom and kitchenette, plus two upper residential units. One apartment spans two levels and contains 3 bedrooms, 1 full bath, and in-unit laundry. The other offers 3 bedrooms and 1.5 baths, with private entrances serving the apartments.
Recent improvements include new electrical and plumbing systems, a metal roof, insulated siding, and updated kitchens and bathrooms throughout. An extra lot next door is included with the property. Built in 1860, the building is located at 632 Main St in Lykens, PA 17048.
Recent improvements include new electrical and plumbing systems, a metal roof, insulated siding, and updated kitchens and bathrooms throughout. An extra lot next door is included with the property. Built in 1860, the building is located at 632 Main St in Lykens, PA 17048.
Key Highlights
- 3‑unit mixed‑use property with commercial space and two apartments
- Storefront includes a full bathroom and kitchenette
- Two‑level apartment features 3 bedrooms, 1 full bath, and in‑unit laundry
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 | $41.7k | $15.00 |
| − Vacancy | −$1.9k | −$0.68 |
| EGI | $39.8k | $14.33 |
| − OpEx | −$12.0k | −$4.30 |
| NOI | $27.9k | $10.03 |
2,781 SF · lease $15.00/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Mixed Use
$482.7K
$422.4K – $563.2K
NOI $33,789 @ 7.0% cap · market cap 9.39%
Second Best
Retail
$398.4K
$348.6K – $464.8K
NOI $27,886 @ 7.0% cap · market cap 7.75%
Theoretical Best
Specialty Retail
$5.12M
$4.48M – $5.98M
NOI $358,540 @ 7.0% cap · market cap 99.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
108
Businesses Nearby
Explore this area
Business Placement
Demographics for 17048, PA
4,006
Population
1,771
Households
2.3
Avg Household Size
41
Median Age
13%
College-Educated
86%
High-School Grad
33.7 sq mi
ZIP Area
119
Density / Sq Mi
$72,873
Median Household Income
$45,496
Median Earnings
$809
Median Rent
$136,300
Median Home Value
Market
Properties on Market for Mixed-use properties in Lykens
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Renovated building combines storefront space with two upper-level apartments.
Where is this mixed-use property located?
The property is located at 632 Main St Lykens, PA.
What is the asking price?
The asking price for this property is $359,900.
What are key features of this property?
This property features: 3‑unit mixed‑use property with commercial space and two apartments; Storefront includes a full bathroom and kitchenette; Two‑level apartment features 3 bedrooms, 1 full bath, and in‑unit laundry
