Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    405 Spruce St Middletown, PA 17057

    Sponsored
    For Sale
    $350,000

    High-growth area, 2,480 SF retail space

    Property size:
    2,480 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2,480-square-foot retail property, located at 405 Spruce Street in Middletown, Pennsylvania, presents a unique investment opportunity. The building, constructed in 1952 and extensively renovated in 2022, sits on a 0.23-acre corner lot at the intersection of Spruce and East Main Streets, offering excellent visibility and accessibility. Currently configured as a convenience store, storefront, and auto shop, the property boasts Commercial Highway zoning, allowing for a wide range of uses including auto dealerships, body shops, service stations, and more. The asking price is $350,000, translating to $141.13 per square foot. The property features 25 parking spaces and includes valuable equipment such as an economic waste oil heating system, two commercial air compressors, and three hydraulic lifts, all conveying with the sale. The single-story building is classified as Class B and operates under a NNN lease type. Its prime location near Penn State Harrisburg, a rapidly expanding campus, and Harrisburg International Airport (HIA), a continuously developing transportation hub, ensures strong potential for growth and return on investment. Middletown's steady economic growth since 1980 further enhances the property's appeal. The property's location within the Harrisburg Market Keystone Innovation Zone may also qualify certain business ventures for tax incentives. The property's occupancy date was April 30, 2022. The APN is 42-025-038. This is an owner/user investment opportunity.

    Property Features for 405 Spruce St

    General Information

    Property type
    Automotive properties
    Square Feet
    2,480 SF
    Class
    B
    Lot Size
    10,019 SF

    Building Details

    Year Built/Renovated
    1952/2022
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • 2,480 SF retail property at 405 Spruce Street, Middletown, PA.
    • Corner lot at Spruce & E. Main Streets with excellent visibility.
    • Includes valuable equipment: economic waste oil heating system, two commercial air compressors, and three hydraulic lifts.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    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
    Middletown
    County
    Dauphin
    State
    Pennsylvania
    Longitude
    -76.7287145
    Latitude
    40.2010914

    Nearby Comparable

    • $250,000
      5,500 SF

      Versatile 5,500 SF Commercial Building

      5,500 SF building with open space and loading dock.
      109 Poplar St, Middletown, PA 17057
      View Details
    • $570,000
      3,296 SF

      Middletown Restaurant & Bar for Sale

      Turnkey Restaurant/Bar with Liquor License
      15 Mill St, Middletown, PA 17057
      View Details
    • $399,000
      3,186 SF

      Mixed-Use Investment Opportunity in Middletown

      High cash flow mixed-use property with commercial and residential units.
      219 S Union St, Middletown, PA 17057
      View Details
    • $299,000
      1.02 Acres

      Middletown Commercial Land Opportunity

      1.02-Acre Commercial Lot, $299,000
      0 Union St, Middletown, PA 17057
      View Details
    • $7,735,000
      40,671 SF

      PA Gov't Net Lease Office Building

      Investment-grade, 40K SF, Harrisburg MSA
      3240 Schoolhouse Rd, Middletown, PA 17057
      View Details
    • $675,000
      3 SF

      Commercial Development Site Available

      3-acre commercial land with highway access in growing area.
      1500 Fulling Ml Rd -, Middletown, PA 17057
      View Details
    • $323,575

      Under Construction Townhome with Garage

      Three-bedroom townhome under construction with a two-car garage.
      121 Magnolia Dr, Middletown, PA 17057
      View Details
    • Contact for pricing
      1.00 Acre

      Harrisburg Pike Commercial Land

      9 Acres, C-2 Zoning, Prime Location
      2771 Harrisburg Pike, Middletown, PA 17057
      View Details
    • $2,500,000

      Land Available in Middletown, PA

      Land for sale at 2771 E Harrisburg Pike, Middletown, PA
      2771 E Harrisburg Pike, Middletown, PA 17057
      View Details
    • $150,000
      0.69 Acres

      Middletown Commercial Land - 0.69 Acres

      Prime Commercial Lot, Middletown, PA
      0 Spring Garden Dr, Middletown, PA 17057
      View Details

    Nearby Similar for Sale

    • $399,000
      3,186 SF

      Mixed-Use Investment Opportunity in Middletown

      High cash flow mixed-use property with commercial and residential units.
      219 S Union St, Middletown, PA 17057
      View Details
    • $395,000
      1,500 SF

      Stand Alone Office Building

      Turn-key office building with flexible lease and excellent visibility.
      1150 S Eisenhower Blvd, Middletown, PA 17057
      View Details
    • $323,575

      Under Construction Townhome with Garage

      Three-bedroom townhome under construction with a two-car garage.
      121 Magnolia Dr, Middletown, PA 17057
      View Details
    • $7,900,000
      65,000 SF

      Spacious Warehouse with Office Space

      65,000 SF warehouse and office on 11 acres.
      1441 Stoneridge Dr, Middletown, PA 17057
      View Details
    • $250,000
      5,500 SF

      Versatile 5,500 SF Commercial Building

      5,500 SF building with open space and loading dock.
      109 Poplar St, Middletown, PA 17057
      View Details
    • $695,000
      5,000 SF

      Upgraded Office Building on Acreage

      5,000 SF office building on 2.74 acres for sale.
      1500 Fulling Mill Rd, Middletown, PA 17057
      View Details
    • $570,000
      3,296 SF

      Middletown Restaurant & Bar for Sale

      Turnkey Restaurant/Bar with Liquor License
      15 Mill St, Middletown, PA 17057
      View Details
    • Contact for pricing
      59,637 SF

      Executive Office Building, Middletown PA

      Class A Office Space, 59,637 SF
      1201 Fulling Mill Rd, Middletown, PA 17057
      View Details
    • $7,735,000
      40,671 SF

      PA Gov't Net Lease Office Building

      Investment-grade, 40K SF, Harrisburg MSA
      3240 Schoolhouse Rd, Middletown, PA 17057
      View Details

    FAQs

    What type of property is this?
    Automotive property - High-growth area, 2,480 SF retail space
    Where is this automotive property located?
    The property is located at 405 Spruce St Middletown, PA.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: 2,480 SF retail property at 405 Spruce Street, Middletown, PA.; Corner lot at Spruce & E. Main Streets with excellent visibility.; Includes valuable equipment: economic waste oil heating system, two commercial air compressors, and three hydraulic lifts.
    Request Owner's contact information
    405 Spruce St Middletown, PA 17057
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    405 Spruce St
    Middletown, PA 17057
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    405 Spruce St Middletown, PA 17057
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.