55 Progress Ave Harrisburg, PA 17109-4600
- Office Properties & Spaces
- 7,560 SF
- 0.64 lot acres
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
-
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