Red Lion, PA 17356
This exceptional commercial property at 880-890 W Broadway, Red Lion, PA 17356, offers a unique redevelopment opportunity. Priced at $2,000,000, this property boasts three road frontages on a signalized intersection, providing excellent visibility and accessibility. Currently zoned for Commercial Shopping, the property comprises two parcels sold under a single contract, allowing for flexibility. The buyer can choose to maintain the current configuration or pursue a reverse subdivision, depending on their intended use. Existing leases are assignable, but the businesses themselves are not included in the sale. Conceptual site plans are available. The property benefits from a strong location within a growing area, surrounded by national co-tenants and a mix of residential and commercial developments. The Commercial Industrial (CI) zoning permits a wide range of uses, making this a versatile investment opportunity. Please note that site plans are conceptual sketches only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.