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    OFF-MARKET
    Turn key restaurants

    460 Un St, Middletown, PA 17057-1948

    4,581 SF 0.25 ac lot Built 1837
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US73-0113481
    Property summary
    AI-generated overview

    This exceptional historic property at 460 N Union St, Middletown, PA 17057, offers a unique investment opportunity. The 4,581 square foot building, constructed in 1835, sits on a 0.25-acre lot and seamlessly blends original architectural charm with modern functionality. Currently configured as a restaurant and apartment building, it presents a versatile option for continued operation as a turnkey restaurant or conversion into a multifamily residence. The property boasts recent updates to its electrical, plumbing, and HVAC systems, ensuring modern efficiency. Accessibility is enhanced by ADA-compliant restrooms. Its central location, just one block from Middletown's main intersection, provides excellent visibility and accessibility. The property's proximity to Harrisburg International Airport (MDT) and Penn State Harrisburg campus adds to its appeal. The asking price is $500,000. This is a rare chance to own a piece of Middletown's history with significant potential for future growth and income. The property's blend of historical character and modern updates makes it an attractive investment for both commercial and residential purposes. Its prime location in the heart of Middletown ensures high visibility and easy access for potential tenants or customers. The combination of restaurant and apartment spaces offers flexibility and diverse income streams.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1837
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 4,581 SF
    Lot 0.25 ac (10,890 SF)
    APN 42-025-001
    UPID US73-0113481
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Englishbay INC · 3 yrs held
    Englishbay INC
    since 2022
    Last sale
    $340,000
    7 recorded transactions
    2022
    $340,000
    2021
    2016
    $350,000
    2006
    $310,000
    1969
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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