Technical
Financial
Distress signals
Property profile

2921 Walnut St Harrisburg, PA 17103

OFF-MARKET
Retail space
Property ID
US73-1690085
6,600 SF 0.3 ac lot Built 1950
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 6,600 square foot retail property is ideally situated on heavily trafficked Walnut Street in Penbrook, Pennsylvania. The building boasts a spacious showroom, perfect for showcasing products or services, complemented by a dedicated office, breakroom, and ample storage space. A convenient loading bay ensures efficient handling of goods. The property sits on a 0.3-acre lot, providing excellent visibility and accessibility for customers. Currently zoned CO-2/Store-Retail, the zoning classification allows for a variety of retail uses. Prospective buyers should independently verify zoning regulations and permitted uses with the Penbrook Borough to determine suitability for their intended business operations. Please note that the seller is unable to approve any future use beyond the current zoning designation. This presents a unique opportunity for entrepreneurs seeking a well-located, established retail space to establish or expand their business. The asking price for this turnkey operation is $590,000. The property's prime location and versatile layout make it an attractive investment for those seeking a strong foothold in the Harrisburg market. Don't miss this chance to secure a prominent retail presence on a busy thoroughfare.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1950
Construction FRAME
Total area 6,600 SF
Lot 0.3 ac (13,068 SF)
APN 50-006-039
UPID US73-1690085

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Dealership
  • Event Planning Wedding Service

Location

2921 Walnut St Harrisburg, PA 17103-1959
Harrisburg metro Census 22200 HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$525k
CAP Approach CAP
by Request
Comparable Approach Comparable
$643k
Blend (final) Blend
$560k

Owner & transaction history

since 2023
Last sale
$500,000
4 recorded transactions
2023
$500,000
2018
$425,000
2012
$250,000
2011
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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