15 Mill St Middletown, PA 17057
- Turn key restaurants
- 3,296 SF
- 0.10 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 15 Mill St
- Year built
- 1900
- Lot size
- 0.10 lot acres
- Property size
- 3,296 SF
- Property type
- Turn key restaurants
- APN
- 41-009-036
- APU
- 41009036
Description
This fully renovated 3,296 square foot restaurant and bar in Middletown, PA, is a fantastic opportunity for an entrepreneur or investor. Located on 0.1 acres at 15 Mill St (APN 41-009-036), this property boasts a fully equipped kitchen, a spacious outdoor covered patio with seating for over 60, and a Dauphin County "R" Liquor License. The building, constructed in 1900, features a 200-amp electrical capacity, a basement, and public water and sewer. Interior finishes include a drop ceiling, drywall walls, and mixed flooring. The roof is asphalt and rubber. The property is zoned Commercial Industrial and offers ample on and off-street parking. Its prime location provides a small-town feel while being minutes from Downtown Harrisburg, Penn State Harrisburg, and Harrisburg International Airport. The asking price is $570,000. This turnkey operation is ready for immediate occupancy and presents a unique opportunity to own a thriving business in a desirable location. Two restrooms are included. Natural gas is available.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $490,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $380,000
- 6.5%
- $410,000
- 7%
- $355,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $340,000
- Geo Method
- $335,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $365,000
- Retail
- $345,000
- Mixed-Use
- $405,000
- Hospitality
- $435,000
- Educational
- $385,000
- Residential Income
- $375,000
- Energy
- $375,000
- Income-Based Land
- $360,000
- Food Service
- $425,000
Location Insight
- Map
- Local Demand
- City
- Middletown
- County
- Dauphin
- State
- Pennsylvania
- Longitude
- -76.7313
- Latitude
- 40.1933
- CBSA code
- 25420
- CBSA name
- HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA