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    4312 Fritchey St Harrisburg, PA 17109

    Sponsored
    For Sale
    $319,000

    Net-leased medical office, great ROI

    Property size:
    864 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 864 sq ft medical office building in Harrisburg, PA, is a turnkey investment opportunity. Located in Colonial Park, one block from Route 22/Jonestown Road and I-83, it boasts a 100% occupancy rate with a modified net lease in place. The tenant, a professional spa offering health-related services, is responsible for all utilities, lawn care, and snow removal. Built in 1952 and renovated in 2014, the property features ample on-site parking with a well-maintained asphalt driveway providing convenient access. Three additional large storage buildings offer potential for supplemental income. The asking price of $319,000 reflects upcoming seller-funded repairs including a new roof on the main building, driveway sealcoating, shed painting, cellar staircase repainting, and a power wash of all buildings. The property sits on a 10,019 sq ft lot and is zoned commercially (C). This single-story building presents a strong investment opportunity due to its prime location, stable tenancy, and potential for future appreciation. The sale is a For Sale By Owner transaction.

    Property Features for 4312 Fritchey St

    General Information

    Property type
    Medical offices
    Square Feet
    864 SF

    Building Details

    Year Built/Renovated
    1952/2014
    Buildings
    3
    Stories
    1

    HighLights

    • 864 sq ft medical office building in Harrisburg, PA, offering a turnkey investment opportunity.
    • 100% occupancy with a modified net lease; tenant responsible for all utilities, lawn care, and snow removal.
    • Prime location in Colonial Park, one block from Route 22/Jonestown Road and I‑83, with ample on‑site parking.
    • Includes three additional large storage buildings.
    • Asking price: $319,000, reflecting seller‑funded repairs (new roof, driveway sealcoating, shed painting, cellar staircase repainting, and power washing).
    • Sits on a 10,019 sq ft commercially zoned (C) lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Timeless Spa Day Spa Sage & Blush Co Hair Salon

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Harrisburg
    County
    Dauphin
    State
    Pennsylvania
    Longitude
    -76.819744714055
    Latitude
    40.298276365312

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    FAQs

    What type of property is this?
    Medical office - Net-leased medical office, great ROI
    Where is this medical office located?
    The property is located at 4312 Fritchey St Harrisburg, PA.
    What is the asking price?
    The asking price for this property is $319,000.
    What are key features of this property?
    This property features: 864 sq ft medical office building in Harrisburg, PA, offering a turnkey investment opportunity.; 100% occupancy with a modified net lease; tenant responsible for all utilities, lawn care, and snow removal.; Prime location in Colonial Park, one block from Route 22/Jonestown Road and I-83, with ample on-site parking.
    Request Owner's contact information
    4312 Fritchey St Harrisburg, PA 17109
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    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
    4312 Fritchey St Harrisburg, PA 17109
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