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Property profile & analytics
OFF-MARKET Estimated value $545,000
Retail space

2921 Walnut St Harrisburg, PA 17103-1959

6,600 SF 0.3 ac lot Built 1950
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US73-1690085
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Bullensthal Motors Car Dealership
  • Decoration For Any Events Event Planning Wedding Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$525k
CAP Approach CAP
by Request
Comparable Approach Comparable
$643k
Blend (final) Blend
$545k
Owner & transaction history
Decorrations For Any Event LLC · 2 yrs held
Decorrations For Any Event LLC
since 2023
Last sale
$500,000
4 recorded transactions
2023
$500,000
2018
$425,000
2012
$250,000
2011
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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