4969 Berkley StHarrisburg, PA 17109

Property Details for 4969 Berkley St

Year built

1950

Lot size

0.30 AC

Property size (Sq ft)

1,495 SF

Property type

Office properties

APN

35-060-246

APU

35060246

Description

This exceptional 1,495 square foot daycare center in Harrisburg, Pennsylvania, presents a unique investment opportunity. Located at 4969 Berkley Street, this property boasts a prime location directly across from Phillips Elementary School, offering convenient access for parents and children. The building, constructed in 1950, sits on a 0.31-acre lot and features ample space for both indoor and outdoor activities. Inside, you'll find open rooms ideal for play and learning, two restrooms, and a fully equipped kitchen complete with a dishwasher. The property also includes a large fenced outdoor play area, ensuring a safe and stimulating environment for children. The building is zoned for Medium Density Residential (R2) and includes 8 parking spaces. The asking price is $225,000, with a price per square foot of $20.07. A 3-year lease is available under a NNN lease structure, with lease options negotiable. The property's APN is 35-060-246. This turnkey daycare center is ready for immediate occupancy and presents a strong potential for continued success. Its proximity to Locust Lane (two blocks away) adds to its appeal and accessibility. This is an excellent opportunity for an established daycare provider or an investor looking for a profitable venture in a thriving community.

• CAP approach

  CAP return

  Valuation

  6%

  $241,417

  6.5%

  $222,847

  7%

  $206,929

• Comparable approach

  Method

  Valuation

  Relative Method

  $136,580

  Geo Method

  $94,050

• Alternative Use

  Use

  Valuation

  Residential

  $276,330

  Hospitality

  $253,117

  Educational

  $210,590

  Medical

  $217,833

  Retail

  $327,585

Location Insight

City

Harrisburg

County

Dauphin

State

Pennsylvania

Latitude

40.291

Longitude

-76.804

CBSA code

25420

CBSA name

HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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