0 Freedom Ave Highland Park, PA 17009
This exceptional 4,906 square foot retail outparcel, situated on a 0.44-acre lot in the Greater Lewistown Plaza, presents a unique investment opportunity. Boasting excellent visibility from Freedom Avenue (approx. 9,500 vehicles per day) and proximity to Logan Boulevard (approx. 8,500 vehicles per day), this Class B property offers significant potential. The building features a spacious storefront and a large attached garage with two overhead doors, ideal for a variety of uses including retail, quick-service restaurants, or even a bank. The property's strategic location less than one mile from Route 322 (approx. 24,000 vehicles per day) ensures high traffic exposure. Its convenient proximity to State College (30 miles) and Harrisburg (60 miles) further enhances its appeal. The property is zoned for General Commercial use within Mifflin County, a region influenced by the presence of Pennsylvania State University in nearby State College. Mifflin County's population of 46,585, with a median household income of $42,019, provides a strong local market. This single-tenant building presents a blank canvas for a new business or a redevelopment opportunity within a thriving commercial area. The existing structure offers immediate occupancy, while the generous lot size allows for future expansion or modification. This is an exceptional opportunity to establish a presence in a dynamic and growing market.
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
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.