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    150 Market Sq Millersburg, PA 17061

    For Sale
    Contact for pricing

    Historic Bank Site, Flexible Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional commercial land parcel, located at 150 N. Market Square in the heart of historic Millersburg, Pennsylvania, presents a unique investment opportunity. The property, identified by APN 45-014-001, 002, 005, 003, 004-000-0000, boasts a prime corner location along Route 147, enjoying high visibility and accessibility. Previously occupied by a bank, the site features two convenient drive-thru lanes, a significant advantage for various commercial uses. The "Old Town" zoning designation allows for flexible development options, catering to a wide range of businesses. This presents an ideal opportunity for owner-users or investors seeking a high-traffic location. The property's strategic placement within Millersburg's historic district offers a blend of charm and modern convenience. With an average daily traffic count of 6,655 vehicles on the main street (both directions), this location ensures substantial exposure for any commercial venture. The property's rich history as a former bank adds to its unique character and potential. This is a rare chance to acquire a well-situated commercial land parcel in a thriving Pennsylvania community. Serious inquiries are encouraged.

    Property Features for 150 Market Sq

    General Information

    Property type
    Land

    HighLights

    • Former bank location with two drive‑thru lanes.
    • Prime corner lot on Route 147 in Millersburg, PA.
    • Flexible "Old Town" zoning allows for diverse commercial uses.
    • High visibility with 6,655 VPD on main street (both directions).
    • APN: 45‑014‑001, 002, 005, 003, 004‑000‑0000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Millersburg
    County
    Dauphin
    State
    Pennsylvania
    Longitude
    -76.9606604
    Latitude
    40.5386806

    Nearby Comparable

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      Liverpool Retail Space - Great Opportunity!

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    Nearby Similar for Sale

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      Millersburg Multifamily Investment Opportunity

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      Former Bank in Historic Millersburg

      Former bank with drive-thru lanes in a historic location.
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      6,266 SF

      6,266 SF Beautiful Former Old Bank

      6,266 SF Beautiful Former Old Bank
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    FAQs

    What type of property is this?
    Land - Historic Bank Site, Flexible Zoning
    Where is this land located?
    The property is located at 150 Market Sq Millersburg, PA.
    What are key features of this property?
    This property features: Former bank location with two drive-thru lanes.; Prime corner lot on Route 147 in Millersburg, PA.; Flexible "Old Town" zoning allows for diverse commercial uses.
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    150 Market Sq Millersburg, PA 17061
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    Millersburg, PA 17061
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    150 Market Sq Millersburg, PA 17061
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