Versatile Mixed-Use Investment
632 MAIN Street Lykens, PA 17048
632 MAIN Street, Lykens, PA, 17048
$359,900
For Sale
$359,900
MULTI_FAMILY - Other - LYKENS, PA
Property Size2,781 SF
Lot Size0.10 Acres
Price / SF$129.41
Days on Market62
Property Features for 632 MAIN Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- Offsite
- 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
- Central Air, Ductless
Building Details
- Year built
- 1860
- Number of units
- 3
- Architectural style
- Other
Listing Agency
Keller Williams Elite
(717) 553-2500
5139 Main Street, East Petersburg, PA
Listed by
Andrew Bartlett · License #RS337521
(717) 203-5528
Added: May 20 Updated: Jul 9 at 10:57 am Checked: Jul 20 at 4:06 pm
MLS# PADA2060230
Listing URL
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 mixed-use property in LYKENS, PA, presents an investment opportunity with income potential. The property features a recently renovated 3-unit building with new electrical, plumbing, a metal roof, insulated siding, and updated kitchens and bathrooms. The building offers a commercial space suitable for a storefront, complete with a full bathroom and kitchenette. The upper residential units provide additional income, including a spacious 2-level apartment with 3 bedrooms, 1 full bath, and in-unit laundry. The third unit includes 3 bedrooms and 1.5 baths. Each apartment has private entrances and a fenced yard. An adjacent lot offers potential for additional uses. The property, with a size of 2781 square feet and a lot size of 0.0968 acres, has the potential to generate rental income. The property is located in DAUPHIN County.
Key Highlights
- Versatile 3‑unit mixed‑use property with a large commercial storefront space plus two upper residential units
- Recently renovated with new electrical, plumbing, metal roof, insulated siding, and new kitchens and bathrooms throughout
- Upper units include one 2‑level apartment with 3 bedrooms, 1 full bath, and in‑unit laundry, plus a third unit with 3 bedrooms and 1.5 baths
Local 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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
HuggyBuggy632 Daycare
Daycare Center
FAQs
What type of property is this?
Mixed-use property - Renovated 3-unit commercial property with extra lot and income potential.
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 $359,900.
What are key features of this property?
This property features: Versatile 3‑unit mixed‑use property with a large commercial storefront space plus two upper residential units; Recently renovated with new electrical, plumbing, metal roof, insulated siding, and new kitchens and bathrooms throughout; Upper units include one 2‑level apartment with 3 bedrooms, 1 full bath, and in‑unit laundry, plus a third unit with 3 bedrooms and 1.5 baths
