2502 3rd St Williamsport, PA 17701-4074

Property Details for 2502 3rd St

Year built

1992

Lot size

1.24 lot acres

Property size

6,096 SF

Property type

Banks

APN

26+,005.0-0322.00-000+

APU

260050032200000

Description

This exceptional 6,200 square foot vacant retail building presents a unique investment opportunity in Williamsport, Pennsylvania. Located at 2502 E 3rd St, this property sits on a 1.24-acre lot and boasts a highly desirable location directly adjacent to a top-performing Aldi grocery store (within the top 10% nationally). Built in 1992, the building is zoned COM P and offers versatile space suitable for a variety of uses, including convenience store, restaurant, or medical office, as indicated by its previous uses. The property is currently vacant, providing a blank canvas for a new tenant or owner-operator. The surrounding area demonstrates strong economic indicators, with a robust population base of over 54,000 residents within a 5-mile radius and an average household income exceeding $69,000. Further bolstering the area's appeal is the presence of two prominent colleges, Pennsylvania College of Technology (4,500+ students) and Lycoming College (1,000+ students), both within 3 miles. Major employers such as Susquehanna Health and Aramark also contribute to the area's economic vitality. Consumer spending is projected to increase by 9% in the next five years, indicating a promising outlook for future growth and profitability. The asking price for this prime retail space is $2,300,000. This property offers significant potential for investors seeking a strong return in a thriving market.

Location Insight

City

Williamsport

County

Lycoming

State

Pennsylvania

Longitude

-76.9537

Latitude

41.2468

CBSA code

48700

CBSA name

WILLIAMSPORT, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments