Property summary
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.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 6 qualifying comparable sales.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 9 properties nearbyComparable nearby
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 2,768 SF
- Lot area
- 0.22 ac
- Year built
- 1952
- Stories
- 1
- APN
- 42-025-038
- Assessed value · 2024
- $145,100
- Annual tax · 2023
- $5,982
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2023
- $5,982
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Middletown market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
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- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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