5828 Us-220 Linden, PA 17744

Property Details for 5828 Us-220

Year built

1946

Lot size

0.90 lot acres

Property size

6,229 SF

Property type

Warehouses

Property subtype

Retail properties

Description

This exceptional mixed-use property in Linden, Pennsylvania presents a compelling investment opportunity. The 6,229 square foot building, constructed in 2004 (with a 1946 structure incorporated), boasts a diverse income stream. Currently operating as a thriving antique mall with approximately 40 rented vendor spaces, the property also includes two separately rented apartments and a fully equipped commercial kitchen. The existing tack shop is included in the sale. The property sits on a 0.9-acre lot with ample parking for 12 vehicles, and additional parking space could be created in the rear. The building features a large 40' x 80' two-story warehouse space, perfectly suited for its current use or adaptable to other commercial ventures. The property enjoys a 100% occupancy rate, generating a Net Operating Income (NOI) of $67,000, resulting in a 7.49% capitalization rate. The asking price is $895,000, with a price per square foot of $143.68. Located on a high-traffic highway, just 10 minutes from Williamsport, PA, this property offers excellent visibility and accessibility. The seller is willing to include approximately $10,000 worth of tack store inventory, along with years' worth of antique collectibles, jewelry, and other merchandise for an agreed-upon price. The property is zoned for residential and commercial use. The lease terms are month-to-month. This is a rare opportunity to acquire a well-established, income-producing property with significant upside potential.

Location Insight

City

Linden

County

Lycoming

State

Pennsylvania

Longitude

-77.1472

Latitude

41.2297