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Property profile & analytics

55 Progress Ave Harrisburg, PA 17109-4600

  • Office Properties & Spaces
  • 7,560 SF
  • 0.64 lot acres
OFF-MARKET
Value Estimation
$665,000
Last Sale
Oct 27, 2023
$625,000
Location Intelligence
Property ID
US73-2143638
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Colonial Park I.O.P. / Addiction Treatment Center / Counselor
  • KD's Preferred Home Care Agency LLC / Home Health Care Service
  • Olee de Lux, Salon Professionals / Hair Salon
  • Hair Visions Ltd / Beauty Salon

Property Details for 55 Progress Ave

Year built
1984
Construction
FRAME
Lot size
0.64 lot acres
Property size
7,560 SF
Property type
Office Properties & Spaces
APN
62-037-217
APU
62037217

Description

This Harrisburg, PA retail property, located at 55 S. Progress Avenue, offers 2,520 square feet of immediately available space in a 7,560 square foot multi-tenant building. Situated on a 0.64-acre lot, this Class C building boasts a convenient location at the heavily trafficked intersection of S. Progress Avenue and Route 22, ensuring high visibility and accessibility for your business. Built in 1984, the two-story structure is zoned for Mixed Use Corridor, offering flexibility for various retail ventures. The available space features a welcoming layout with a blend of shared and private workspaces, a convenient kitchen/breakroom, and ample storage. The property includes a rear parking lot directly accessible from the suite entrance, providing convenient parking for both employees and customers. The Dauphin County location (APN 62-037-217) offers excellent access to major transportation routes and a thriving local market. This is an exceptional opportunity to establish or expand your retail presence in a high-traffic area. The building does not have elevators.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $700,000
  • CAP approach

    CAP return
    Estimation
    6%
    $600,000
    6.5%
    $630,000
    7%
    $545,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $520,000
    Geo Method
    $690,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $650,000
    Retail
    $575,000
    Mixed-Use
    $480,000
    Hospitality
    $585,000
    Educational
    $525,000
    Residential Income
    $655,000
    Energy
    $635,000
    Income-Based Land
    $530,000
    Food Service
    $560,000

Location Insight

  • Map
  • Local Demand
City
Harrisburg
County
Dauphin
State
Pennsylvania
Longitude
-76.8411
Latitude
40.2839
CBSA code
25420
CBSA name
HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$13,349
$161,000
$264,000
$425,000
-
$161,000
$264,000
$425,000
More about this property
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