Building Details

Year built 1860

Number of units 3

Architectural style Other

Listing Agency: Keller Williams Elite · Keller Williams Realty w***@gmail.com Show Phone

Listed By: Andrew Bartlett · License #RS337521 Show Phone

Added: May 20 Changed: Sep 16 Last Checked: Oct 13 at 4:06PM

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MLS# PADA2060230

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2,781-square-foot mixed-use property contains three units, including a commercial storefront and two upper-level apartments. The commercial component includes a full bathroom and kitchenette. One residence is arranged across two levels with three bedrooms, one full bathroom, and in-unit laundry; the other offers three bedrooms and one-and-a-half bathrooms. Each apartment has its own entrance.

Renovation work included electrical and plumbing systems, a metal roof, insulated siding, kitchens, and bathrooms. The property was built in 1860 and includes a neighboring 0.0968-acre lot. Central heating and central air are provided, with ductless cooling also available. Offsite parking is listed for the property at 632 Main Street in Lykens, Pennsylvania.

Key Highlights

• 2,781‑square‑foot mixed‑use building with three units
• Commercial storefront includes a full bathroom and kitchenette
• Two residential units with three bedrooms each

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$27,886

Cap Rate

8.20%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$557,720 $557.7K

Cap Rate 7%

$398,371 $398.4K

Cap Rate 9%

$309,844 $309.8K

Market Conditions

NOI Build-Up for 2,781 SF

Gross rent

$41.7K $15.00/SF

− Vacancy

−$1.9K −$0.68/SF

EGI

$39.8K $14.33/SF

− OpEx

−$12.0K −$4.30/SF

NOI

$27.9K $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%

$557,720

Cap Rate 7%

$398,371

Cap Rate 9%

$309,844

Alternative Uses

Best Use

Mixed Use

$482.7K

$422.4K – $563.2K (±1% cap)

NOI $33,789 @ 7.0% cap · market cap 9.94%

Second Best

Retail

$398.4K

$348.6K – $464.8K (±1% cap)

NOI $27,886 @ 7.0% cap · market cap 8.20%

Theoretical Best

Specialty Retail

$5.12M

$4.48M – $5.98M (±1% cap)

NOI $358,540 @ 7.0% cap · market cap 105.48%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

HuggyBuggy632 Daycare Daycare Center

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Auto Parts Store Grocery & Convenience Store Storage Facility 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

Location Intelligence

Trade Area within ½ mile

140

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

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this mixed-use properties located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Mixed-use property - Three-unit property combining a storefront with two residential apartments and separate entrances for each apartment.

Where is this mixed-use property located?

The property is located at 632 MAIN Street Lykens, PA.

What is the asking price?

The asking price for this property is $339,900.

What are key features of this property?

This property features: 2,781‑square‑foot mixed‑use building with three units; Commercial storefront includes a full bathroom and kitchenette; Two residential units with three bedrooms each