You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR LEASE
Strip malls

1609 State Rd Duncannon, PA 17020

1.35 ac lot
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US73-1503759
Property summary
AI-generated overview

This exceptional retail opportunity presents 12,000 square feet of commercial space in a single-story Class B building located at 1609 State Road, Duncannon, PA 17020. The property, known as Cove Centre, is situated on Route 11/15, conveniently positioned between Duncannon and Marysville, ensuring high visibility and accessibility. Currently, there are 3,000 square feet of vacant space available, divisible into units of at least 1,500 square feet. The building features multiple tenancies, with Suites 101/102 previously occupied by a restaurant with a full bar, presenting a unique opportunity for a similar establishment or adaptable retail use. The Commercial zoning allows for a variety of retail and office uses, providing flexibility for potential tenants. This prime location offers significant potential for business growth, with the added possibility of establishing a Fox's Pizza franchise. The property's strategic placement on a major thoroughfare guarantees substantial foot traffic and exposure, making it an ideal investment for businesses seeking a thriving retail environment. Interested parties should note the total building size is 12,000 square feet.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Lot 1.35 ac (58,806 SF)
Zoning code MIX
APN 210,134.02-029.000
UPID US73-1503759
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • H&R Block Tax Preparation
  • Hong Kong Express Restaurant
  • Drayer Physical Therapy Institute Medical Clinic
  • Duncannon Physical Therapy Physician
  • Duncannon Smoke Shop (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$960k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$920k
Owner & transaction history
Lvf Property Development LLC · 4 yrs held
Lvf Property Development LLC
since 2021
Last sale
$900,000
3 recorded transactions
2021
$900,000
2017
Price N/A
1969
Price N/A
Zoning & alternative use
MIX · Duncannon, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message