405 Spruce St Middletown, PA 17057

Property Details for 405 Spruce St

Year built

1952

Lot size

0.22 lot acres

Property size

2,768 SF

Property type

Automotive properties

APN

42-025-038

APU

42025038

Description

This exceptional 2,480-square-foot retail property, located at 405 Spruce Street in Middletown, Pennsylvania, presents a unique investment opportunity. The building, constructed in 1952 and extensively renovated in 2022, sits on a 0.23-acre corner lot at the intersection of Spruce and East Main Streets, offering excellent visibility and accessibility. Currently configured as a convenience store, storefront, and auto shop, the property boasts Commercial Highway zoning, allowing for a wide range of uses including auto dealerships, body shops, service stations, and more. The asking price is $350,000, translating to $141.13 per square foot. The property features 25 parking spaces and includes valuable equipment such as an economic waste oil heating system, two commercial air compressors, and three hydraulic lifts, all conveying with the sale. The single-story building is classified as Class B and operates under a NNN lease type. Its prime location near Penn State Harrisburg, a rapidly expanding campus, and Harrisburg International Airport (HIA), a continuously developing transportation hub, ensures strong potential for growth and return on investment. Middletown's steady economic growth since 1980 further enhances the property's appeal. The property's location within the Harrisburg Market Keystone Innovation Zone may also qualify certain business ventures for tax incentives. The property's occupancy date was April 30, 2022. The APN is 42-025-038. This is an owner/user investment opportunity.

Location Insight

City

Middletown

County

Dauphin

State

Pennsylvania

Longitude

-76.7286

Latitude

40.201

CBSA code

25420

CBSA name

HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments