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Property profile & analytics
FOR LEASE
Retail space

221 Market St Harrisburg, PA 17101

23,037 SF 0.23 ac lot Built 1940
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US73-1885891
221 Market St, Harrisburg, PA 17101 For Lease
$915,000
221 Market St, Harrisburg, PA 17101
View Listing →
Property summary
AI-generated overview

This exceptional 10,000-square-foot retail space at 221-223 Market Street in Harrisburg, Pennsylvania, presents a unique investment opportunity. Located in the heart of Dauphin County's Central Business District, this single-tenant property boasts a prime location just one block from Harrisburg's train and bus stations, offering unparalleled accessibility. The property's former use as a pharmacy provides a solid foundation for a variety of retail ventures. Its strategic position within a vibrant urban environment, characterized by a blend of contemporary architecture and historically preserved city blocks, ensures high visibility and foot traffic. The surrounding area features a mix of office and retail spaces, creating a dynamic and thriving commercial hub. The property's proximity to the Riverfront and the State Capitol Building further enhances its appeal and potential for attracting a diverse clientele. This is an exceptional opportunity to acquire a well-situated retail space in a rapidly growing Pennsylvania city. The property is easily accessible via public transportation and is within walking distance of key city landmarks. The building's size and layout offer significant flexibility for various retail concepts. This property is ideal for businesses seeking a high-profile location in a bustling urban setting. Serious inquiries are encouraged.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1940
Total area 23,037 SF
Lot 0.23 ac (10,019 SF)
APN 03-001-053
UPID US73-1885891
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
  • Santander Bank ATM Atm
  • CDReload - Online Bitcoin ATM Atm Crypto Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.09M
CAP Approach CAP
by Request
Comparable Approach Comparable
$831k
Blend (final) Blend
$915k
Owner & transaction history
Market And Court LLC · 3 yrs held
Market And Court LLC
since 2023
Last sale
$850,000
1 recorded transaction
2023
$850,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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