Technical
Financial
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Property profile

1561 State Route 209 Millersburg, PA 17061

OFF-MARKET
Neighborhood centers
43,000 SF
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Property summary

AI-generated overview

1561 State Route 209 presents a compelling retail investment opportunity in Millersburg, PA. This well-situated strip center totals 43,000 square feet and sits on a 3.8-acre lot, zoned for commercial use and located in Dauphin County. The property boasts a strong anchor tenant and enjoys high visibility along State Route 209. Five spaces are currently available, ranging in size from 1,440 square feet to 15,000 square feet, offering flexibility for various retail concepts. Its strategic location provides excellent access to a substantial customer base. The center benefits from its proximity to other national retailers, including Dollar General, CVS, Rite Aid, and a Chevrolet dealership, creating a synergistic retail environment and driving significant foot traffic. This property represents a rare chance to establish or expand a retail presence in a thriving Millersburg market, capitalizing on the existing strong tenant mix and high visibility location. The property is ideally suited for businesses seeking a prominent location with ample space and convenient access for customers. This is a turnkey opportunity for immediate occupancy and business growth.

Property profile

Verified
Property type Neighborhood centers
Total area 43,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1561 State Route 209 Millersburg, PA 17061
Millersburg metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

1 recent transactions · within 1.5 mi
Comparable in this city
1 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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