Renovated Mixed-Use
For Sale
$339,900
632 MAIN Street, Lykens, PA 17048
Multi-Family, LYKENS, PA
Property Size2,781 SF
Lot Size0.10 Acres
Price / SF$122.22
Days on Market162
Property Features for 632 MAIN Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking features
Offsite
High school
UPPER DAUPHIN AREA
Elementary school district
UPPER DAUPHIN AREA
Middle school district
UPPER DAUPHIN AREA
High school district
UPPER DAUPHIN AREA
Standard status
Active
Size
2,781 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Annual Amount
2330
Utilities
Heating system
Central
Cooling system
Ductless, Central Air
Amenities
full bathroom
kitchenette
Building Details
Year built
1860
Number of units
3
Architectural style
Other
Listing Agency:
Keller Williams Elite · Keller Williams Realty
(717) 553-2500
Listed By:
Andrew Bartlett · License #RS337521
(717) 203-5528
Added: May 20
Changed: Oct 15
Last Checked: Oct 28 at 2:06PM
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.
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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.
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
NOI $33,789 @ 7.0% cap · market cap 9.94%
Second Best
Retail
$398.4K
$348.6K – $464.8K
NOI $27,886 @ 7.0% cap · market cap 8.20%
Theoretical Best
Specialty Retail
$5.12M
$4.48M – $5.98M
NOI $358,540 @ 7.0% cap · market cap 105.48%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
140
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
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
