Industrial-Zoned Mixed-Use
95 Fisher Avenue, Jonestown, PA 17038
For Sale
New
$550,000
A two-part residential and workshop property features a large garage with radiant floor heat and space for vehicle and equipment parking.
Property Size2,509 SF
Price / SF$84.50
Days on Market3
Property Features for 95 Fisher Avenue
General Information
Standard status
Size
Zoning
Site & Location
Highway Access
Road Access
Utilities to Site
Additional Details
Drive-In Doors
Currently Operating
Property Use
Taxes and HOA fees
Annual Taxes
Amenities
Concrete,Vinyl,Hardwood
Electric
Yes
Oil
No
3
Well
101
1.01
Assessor
Other
10
Block
2509.00
69200.00
State
15
Building Details
Building Size
Year Built
Year Renovated
Buildings
Listing Agency:
Howard Hanna Krall Real Estate
(717) 273-1631
Listed By:
Steven Wyatt Dresch
Source:
Mullenrealty
Added: Nov 5
Changed: Nov 6
Last Checked: Nov 6 at 7:14PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Howard Hanna Krall Real Estate
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Investment Insights
Based on property information with market context.
This industrial-zoned property combines a home with a 40-by-100-foot garage currently used as a hot rod fabrication shop. The house includes its original 1957 section and an addition completed in 2010. The addition has plumbing, wiring, recessed lighting, and ductwork ready for installation. Upstairs are two bedrooms, including a main bedroom with a walk-in closet and private bathroom. The garage sits on an 8-inch concrete slab and has radiant floor heat, insulated walls, two 100-amp subpanels, a 220-volt outlet, and a 12-foot-high by 10-foot-wide garage door. A second door could be added.
The property has outdoor space and parking for tractor trailers, trucks, trailers, equipment, and other vehicles. I-81 and I-76 are minutes away, as are Jonestown, Lebanon, Hershey, and Pine Grove. Restaurants, gas stations, and the KOA campground are also nearby.
The listing identifies the garage as suitable for a range of industrial activities, including production, manufacturing, assembly, fabrication, packaging, storage, and distribution. Township permitted uses are referenced in additional documents.
The property has outdoor space and parking for tractor trailers, trucks, trailers, equipment, and other vehicles. I-81 and I-76 are minutes away, as are Jonestown, Lebanon, Hershey, and Pine Grove. Restaurants, gas stations, and the KOA campground are also nearby.
The listing identifies the garage as suitable for a range of industrial activities, including production, manufacturing, assembly, fabrication, packaging, storage, and distribution. Township permitted uses are referenced in additional documents.
Key Highlights
- 40‑by‑100‑foot garage on an 8‑inch concrete slab
- Radiant floor heat and insulated walls in the garage
- Two 100‑amp subpanels and a 220‑volt outlet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,531
Cap Rate
8.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$910,620
$910.6K
Cap Rate 7%
$650,443
$650.4K
Cap Rate 9%
$505,900
$505.9K
Market Conditions
NOI Build-Up for 6,509 SF
Gross rent
$74.2K $11.40/SF
− Vacancy
−$4.2K −$0.64/SF
EGI
$70.0K $10.76/SF
− OpEx
−$24.5K −$3.77/SF
NOI
$45.5K $7.00/SF
Area
Lebanon County, PA
Vacancy
5.60%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$910,620
Cap Rate 7%
$650,443
Cap Rate 9%
$505,900
Alternative Uses
Best Use
Mixed Use
$941.5K
$823.8K – $1.10M
NOI $65,904 @ 7.0% cap · market cap 11.98%
Second Best
Flex RnD
$650.4K
$569.1K – $758.9K
NOI $45,531 @ 7.0% cap · market cap 8.28%
Theoretical Best
Office A
$1.53M
$1.34M – $1.78M
NOI $106,945 @ 7.0% cap · market cap 19.44%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Drive-in doors
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
35
Businesses Nearby
Explore this area
Business Placement
Demographics for 17038, PA
7,842
Population
3,460
Households
2.3
Avg Household Size
42
Median Age
16%
College-Educated
89%
High-School Grad
66.2 sq mi
ZIP Area
118
Density / Sq Mi
$66,698
Median Household Income
$42,929
Median Earnings
$922
Median Rent
$241,100
Median Home Value
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A two-part residential and workshop property features a large garage with radiant floor heat and space for vehicle and equipment parking.
Where is this mixed-use property located?
The property is located at 95 Fisher Avenue Jonestown, PA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 40‑by‑100‑foot garage on an 8‑inch concrete slab; Radiant floor heat and insulated walls in the garage; Two 100‑amp subpanels and a 220‑volt outlet
