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106 Walnut St Mechanicsburg, PA 17055-3364

OFF-MARKET Investment properties Google Maps
2,122 SF 0.24 ac lot
Individually Owned 4-yr Hold ~ Est. High Equity
Estimated value (blended)
$290k
Range $261k – $319k (±10%)
Property ID US73-1310179

Property summary

AI-generated overview

This exceptional 2,500 square foot single-tenant property in Mechanicsburg, Pennsylvania, presents a unique opportunity. Located at 106 N Walnut St, 17055, this versatile space combines retail, office, and special purpose uses, ideal for a creative office or coworking environment. The building features a spacious 30x50 foot shop area accessed from a back alley, boasting 12-foot ceilings. A significant advantage is the private paved parking lot providing ample parking for 15 vehicles, including provisions for two electric car lifts. Practical features include a waste oil burner, enhancing efficiency and cost-effectiveness. The main floor also includes a 20x15 foot office space situated at the front of the building, offering a dedicated area for administrative functions or private meetings. This property is situated in Mechanicsburg, PA, offering convenient access to local amenities and transportation. The combination of ample space, convenient parking, and unique features makes this an attractive option for businesses seeking a distinctive and functional workspace.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Total area 2,122 SF
Lot 0.24 ac (10,454 SF)
APN 18-23-0565-146
UPID US73-1310179

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$375k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2021
Last sale
$280,000
3 recorded transactions
2024
Price N/A
2021
$280,000
2018
$189,900

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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