312 Chestnut St, Harrisburg, PA 17101
For Lease
This exceptional 8,514 square foot retail property, situated at 312 Chestnut Street in Harrisburg, Pennsylvania, presents a compelling investment opportunity. Built in 1925, this single-tenant building currently offers 2,639 square feet of vacant space, ideal for a variety of retail or office uses. The property sits on a 0.2-acre lot and is zoned Commercial (APN: 03-001-018). Its location within Dauphin County's central business district is unparalleled, boasting high visibility and foot traffic. The property benefits from its proximity to key landmarks including Strawberry Square (one block away), the new Harrisburg University Health Science Education Center (across the street), UPMC Hospital, Hilton Harrisburg, Crowne Plaza, Whitaker Center, county and federal courthouses, and the Amtrak train station. The Capitol Complex is a mere three blocks away, contributing to a substantial workforce of approximately 30,000 people within a five-block radius (2019 data). This prime location ensures significant exposure and accessibility for any business. The property's 1925 construction offers character and potential for creative renovation, while its strategic location guarantees strong potential for return on investment. This is a rare opportunity to acquire a well-positioned retail space in a thriving Pennsylvania city.
-
Narçisse Theatre Company Theater & Performing Art Venue
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.