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    3701 Walnut St Harrisburg, PA 17109

    Sponsored
    For Sale
    $289,900

    Turnkey Harrisburg investment, high visibility.

    Property size:
    2,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 2,300 square foot mixed-use building at 3701 Walnut Street in Harrisburg, Pennsylvania, presents a unique investment opportunity. Built in 1920, this two-story Class B property sits on a 0.2-acre lot and offers eight parking spaces. The building is zoned MU-1 Mixed Use, allowing for a blend of commercial and residential uses. The first floor, previously an optometrist's office, is fully equipped with exam rooms, including plumbing and sinks, ready for immediate occupancy. The second floor features a spacious apartment, perfect for owner occupancy or rental income generation, adding significant value to the property. The property boasts excellent visibility and convenient access to major routes, situated along Walnut Street at the entrance to the Jonestown Road business district. The building is in turnkey condition with minimal deferred maintenance. A garage on the property is currently used for storage, not parking. The asking price is $289,900, translating to $126.04 per square foot. This property offers immediate functionality and long-term financial benefits for a savvy investor.

    Property Features for 3701 Walnut St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    2,300 SF
    Class
    B
    Lot Size
    8,712 SF

    Building Details

    Year Built
    1920
    Stories
    2

    HighLights

    • Turnkey mixed‑use building with a residential apartment.
    • Excellent condition with minimal deferred maintenance.
    • Residential unit ideal for owner occupancy or rental income.
    • On‑site garage, currently used for storage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Harrisburg
    County
    Dauphin
    State
    Pennsylvania
    Longitude
    -76.8360353
    Latitude
    40.288679

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    FAQs

    What type of property is this?
    Mixed-use property - Turnkey Harrisburg investment, high visibility.
    Where is this mixed-use property located?
    The property is located at 3701 Walnut St Harrisburg, PA.
    What is the asking price?
    The asking price for this property is $289,900.
    What are key features of this property?
    This property features: Turnkey mixed-use building with a residential apartment.; Excellent condition with minimal deferred maintenance.; Residential unit ideal for owner occupancy or rental income.
    (717) 731-1990
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    3701 Walnut St Harrisburg, PA 17109
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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
    3701 Walnut St Harrisburg, PA 17109
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