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    221 Market St Harrisburg, PA 17101

    Sponsored
    For Lease
    Contact for pricing

    10,000 sq ft Retail Space, Harrisburg CBD

    Lot size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 10,000-square-foot retail space at 221-223 Market Street in Harrisburg, Pennsylvania, presents a unique investment opportunity. Located in the heart of Dauphin County's Central Business District, this single-tenant property boasts a prime location just one block from Harrisburg's train and bus stations, offering unparalleled accessibility. The property's former use as a pharmacy provides a solid foundation for a variety of retail ventures. Its strategic position within a vibrant urban environment, characterized by a blend of contemporary architecture and historically preserved city blocks, ensures high visibility and foot traffic. The surrounding area features a mix of office and retail spaces, creating a dynamic and thriving commercial hub. The property's proximity to the Riverfront and the State Capitol Building further enhances its appeal and potential for attracting a diverse clientele. This is an exceptional opportunity to acquire a well-situated retail space in a rapidly growing Pennsylvania city. The property is easily accessible via public transportation and is within walking distance of key city landmarks. The building's size and layout offer significant flexibility for various retail concepts. This property is ideal for businesses seeking a high-profile location in a bustling urban setting. Serious inquiries are encouraged.

    Property Features for 221 Market St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,000 SF

    Unit(s) available at that property

    Space
    Size
    10,000 SF

    HighLights

    • 10,000 SF retail space at 221‑223 Market Street, Harrisburg, PA.
    • Prime location in Harrisburg's Central Business District, one block from public transportation.
    • Former pharmacy; adaptable for various retail uses.
    • High visibility and foot traffic in a vibrant urban setting near the Riverfront and State Capitol.
    • Excellent accessibility and walkability to key city landmarks.
    Property Profile Location Intelligence

    Current Use by Public Records

    Santander Bank ATM Atm CDReload - Online Bitcoin ... Crypto Atm

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm 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
    Harrisburg
    County
    Dauphin
    State
    Pennsylvania
    Longitude
    -76.8805815
    Latitude
    40.260349

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    FAQs

    What type of property is this?
    Individual retail property - 10,000 sq ft Retail Space, Harrisburg CBD
    Where is this individual retail property located?
    The property is located at 221 Market St Harrisburg, PA.
    What are key features of this property?
    This property features: 10,000 SF retail space at 221-223 Market Street, Harrisburg, PA.; Prime location in Harrisburg's Central Business District, one block from public transportation.; Former pharmacy; adaptable for various retail uses.
    Request Owner's contact information
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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
    221 Market St Harrisburg, PA 17101
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