Property profile

419 Market St Lykens, PA 17048

OFF-MARKET
Industrial properties
Property ID
US73-0648790
2,000 SF 0.04 ac lot Built 1948
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This 4,000 square foot commercial building located at 419 Market Street in Lykens, Pennsylvania, presents a unique investment opportunity. Situated on a 0.04-acre lot, the property offers exceptional versatility and is ideally suited for a range of uses. Currently configured with ten individual rooms, each equipped with its own lock and key, and individual window air conditioning units, the building is ready for immediate occupancy. The layout includes a spacious area suitable for a common living space, three bathrooms, a kitchen with a dining area, and a dedicated laundry room. Exterior access to an elevator adds to the building's functionality. The property benefits from central air conditioning, providing climate control throughout. Zoned for commercial use, potential uses include, but are not limited to, a group home, medical facility, professional offices, daycare center, religious facility, or school. Its convenient location in Lykens offers easy walking access to all the town's amenities. The asking price for this adaptable property is $395,000. This presents a rare chance to acquire a substantial commercial building in a desirable location with significant potential for diverse uses.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1948
Total area 2,000 SF
Lot 0.04 ac (1,742 SF)
APN 37-002-006
UPID US73-0648790

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
  • Adult Day Care

Location

419 Market St Lykens, PA 17048-1316
Lykens metro Census 25000 HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$85k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$85k

Owner & transaction history

since 2023
Last sale
$65,880
5 recorded transactions
2023
$65,880
2019
$50,000
2010
$52,732
2005
Price N/A
1969
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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