Multifamily

Spring Grove, PA Multifamily Properties for Sale

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York, PA Thomasville, PA Seven Valleys, PA
Mixed-Use Grocery and Apartment Building
Updated: Jul 1
Mixed-Use Grocery and Apartment Building

128 South Main Street, Spring Grove, PA 17362

$749,000
10,634 sqft
1920‑built mixed‑use building with grocery/takeout space on the first floor
10 apartments on the 2nd and 3rd floors; rental rates between $800–$900/month
9 apartments currently rented plus 1 studio available for rent
Seller‑operated first‑floor grocery/takeout store currently generates income; space can be rented or operated by a new business operator
Current NOI $41,600 with potential NOI $63,800
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Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 1 Active listings in Spring Grove, PA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Hanover Borough Multi-Unit Investment
Hanover Borough Multi-Unit Investment

1228 BROADWAY, Hanover, PA 17331

$285,000
2,674 sqft · 0.31 AC lot

Two-unit property with income potential in Hanover, Pennsylvania.

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Two-Unit Residential Income Property
Two-Unit Residential Income Property

819 LINDEN Avenue, York, PA 17404

$215,000
1,990 sqft · 0.07 AC lot

Well-maintained two-unit rental with one leased 1-bedroom and one vacant 3-bedroom unit for flexible updating.

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Two-Unit Residential Income Duplex
Two-Unit Residential Income Duplex

1228 Broadway, Hanover, PA 17331

$285,000
2,674 sqft

A versatile two-unit home with separate living areas, basement laundry hookups, and off-street parking for tenants or owner-occupants.

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Updated Duplex in West York
Updated Duplex in West York

500 North Highland Avenue, York, PA 17404

$260,000
1,824 sqft

Turnkey investment property with two updated apartments and garage.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Land Near Shepherd University
Land Near Shepherd University

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

$650,000
3.70 AC lot

Prime land near Shepherd University with development potential.

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Land with Existing Septic and Well
Land with Existing Septic and Well

18531 Blackberry dr, Three Springs, PA 17264

$38,900
1.78 AC lot

Nearly two acres in Three Springs with an in-place septic and well, plus an opportunity to fix or replace the existing mobile home.

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Central Business Zoned Development Land
Central Business Zoned Development Land

107 HOWARD Street, La Plata, MD 20646

$250,000
0.23 AC lot

Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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Land Near Camelback Resort
Land Near Camelback Resort

250 Big Hill Pass, Scotrun, PA 18355

Contact for pricing
0.18 AC lot

Open lot near Camelback, suitable for RV, tiny home, or mobile.

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Off-Market Properties in Spring Grove, PA

Consider similar Off-Market properties in Spring Grove, PA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

4707 Sportsman Clb Rd
CAMPGROUND, RV PARK

4707 Sportsman Clb Rd, Spring Grove, PA 17362

Value Estimation by Request
3,528 sqft · 96.59 AC lot
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1124 Lk Rd
MOBILE HOME PARK, TRAILER PARK

1124 Lk Rd, Spring Grove, PA 17362-8813

Value Estimation by Request
12.46 AC lot
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511 Roth Church Rd
CAMPGROUND, RV PARK

511 Roth Church Rd, Spring Grove, PA 17362-8874

Value Estimation by Request
9.17 AC lot
View details
5394 Bentz Rd
CAMPGROUND, RV PARK

5394 Bentz Rd, Spring Grove, PA 17362

Value Estimation by Request
1,274 sqft · 19.99 AC lot
View details

Spring Grove, PA Multifamily Properties Market Trends and Statistics

Explore 5 multifamily properties for sale in Spring Grove, PA on our real estate platform. These investment opportunities span a total of 10,634 square feet of properties for sale, with an estimated market value of $749,000.

Sale prices for multifamily properties in Spring Grove, PA start at $749,000, averaging $749,000, and reaching up to $749,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 1

Demographics Overview

Population 14K
Population Growth (5Y) +5.4%
Median Household Income $96,438
College Educated 17.6%

Taxes & Financing

Tax Rate (average for all types) 3.50%
Property Tax per SF $69.10 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in York County

New Delisted

Total CRE Inventory on Market (SF)

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