423 Division St Harrisburg, PA 17110-2047
This unique property at 423 Division Street in Harrisburg, Pennsylvania presents a significant redevelopment opportunity. The substantial 0.38-acre lot houses a large block building exceeding 10,000 square feet. Originally constructed as a synagogue, the building sustained fire damage in 2009, resulting in a need for extensive rehabilitation or demolition. The property's size and location offer considerable potential for a variety of uses, though significant investment will be required to bring it up to code and realize its full potential. Interested parties are encouraged to contact the City of Harrisburg directly to explore potential permitted uses and zoning regulations. Given the building's current condition, a thorough inspection is strongly recommended prior to any purchase. This is an exceptional chance to acquire a large footprint in a developing area, ideal for an investor or developer with vision and resources to undertake a substantial renovation project or a complete rebuild. The asking price reflects the property's current state and the extensive work required. Serious inquiries only. The property is sold as-is.
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.