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    OFF-MARKET
    Investment properties

    23 3rd St, Harrisburg, PA 17101-2104

    3,195 SF 0.05 ac lot Built 1920
    Entity Owned 14-yr Hold Free & Clear
    Property ID
    US73-1099470
    Property summary
    AI-generated overview

    This exceptional turnkey taproom opportunity is located at 23 South 3rd Street in Harrisburg, Pennsylvania. The 1,087 square foot space is situated in the heart of Harrisburg's central business district, offering unparalleled access to a dense concentration of foot traffic and potential customers. The property enjoys a highly desirable location just one block from Strawberry Square and directly across the street from the new Harrisburg University Health Science Education Center. Its proximity to major employers and amenities is a significant advantage. Within easy walking distance are UPMC Hospital, Hilton Harrisburg, Crowne Plaza, Whitaker Center, county and federal courthouses, and the Amtrak train station. The Capitol Complex is only three blocks away, contributing to a substantial workforce of approximately 30,000 people within a five-block radius (2019 data). The building itself is a single-tenant property, totaling 3,195 square feet, built in 1920, and zoned for commercial use. This presents a rare opportunity to acquire a thriving business in a vibrant and strategically important location within Dauphin County. The property's established nature and prime location make it an attractive investment for discerning buyers seeking a turnkey operation with significant growth potential. The building's history adds character and charm to this already exceptional offering.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1920
    Total area 3,195 SF
    Lot 0.05 ac (2,026 SF)
    APN 03-001-028
    UPID US73-1099470
    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
    • Honeybush Raw Smoothie Bar Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Dewberry LLC · 14 yrs held
    Dewberry LLC
    since 2012
    4 recorded transactions
    2016
    2012
    $202,000
    2012
    $200,000
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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