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Property profile & analytics
OFF-MARKET Estimated value $615,000
Office Spaces

55 Progress Ave Harrisburg, PA 17109-4600

7,560 SF 0.64 ac lot Built 1984
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US73-2143638
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1984
Construction FRAME
Total area 7,560 SF
Lot 0.64 ac (27,878 SF)
APN 62-037-217
UPID US73-2143638
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
Current use
Occupant on record · Public records
  • Colonial Park I.O.P. Medical Clinic
  • KD's Preferred Home Care Agency LLC Home Health Care Service
  • Olee de Lux, Salon Professionals Hair Salon
  • Hair Visions Ltd Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$715k
CAP Approach CAP
by Request
Comparable Approach Comparable
$605k
Blend (final) Blend
$615k
Owner & transaction history
Agam1 Properties LLC · 2 yrs held
Agam1 Properties LLC
since 2023
Last sale
$625,000
4 recorded transactions
2023
$625,000
2013
Price N/A
2004
$460,000
2002
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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