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    901 Main St Palmyra, PA 17078

    For Lease
    Contact for pricing

    Prime Retail Space in Palmyra, PA

    Lot size:
    111,051 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional retail investment opportunity presents a 111,051 square foot anchored shopping center strategically located at 901 E Main St, Palmyra, PA 17078, in Lebanon County. The property comprises three buildings and offers multiple tenancy options, with two spaces currently available, ranging from 2,805 to 5,890 square feet. Situated on East Main Street, a major retail thoroughfare connecting several key Pennsylvania towns including Hershey, Hummelstown, Annville, and Lebanon, this center enjoys high visibility and significant traffic flow. The strong tenant mix includes established businesses such as Weis Markets, Goodwill, Davita Dialysis, Great Clips, and a Pennsylvania Wine & Spirits store, ensuring a stable and diverse income stream. This well-established center provides an excellent opportunity for investors seeking a proven retail location with a strong existing tenant base and significant growth potential. The property's prime location and established tenant roster make it an attractive investment for both experienced and emerging retail investors. The available spaces offer flexibility for a variety of retail uses, catering to a wide range of business needs. This is a rare opportunity to acquire a significant retail asset in a thriving Pennsylvania market. Contact us today to learn more about this exceptional investment opportunity.

    Property Features for 901 Main St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    111,051 SF

    Building Details

    Buildings
    3

    Unit(s) available at that property

    Space
    Space 20
    Size
    5,890 SF
    Space
    Space 2
    Size
    2,805 SF
    Property Profile Insight Report 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
    Palmyra
    County
    Lebanon
    State
    Pennsylvania
    Longitude
    -76.5823478
    Latitude
    40.3144317

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space in Palmyra, PA
    Where is this retail property located?
    The property is located at 901 Main St Palmyra, PA.
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    901 Main St Palmyra, PA 17078
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    Palmyra, PA 17078
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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
    901 Main St Palmyra, PA 17078
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