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    FOR LEASE
    Community centers

    717 Market St, Lemoyne, PA 17043

    19,741 SF 1.11 ac lot
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US73-2600527
    Property summary
    AI-generated overview

    This exceptional medical office building, situated at 717 Market Street in Lemoyne, Pennsylvania, presents a unique investment opportunity. The 19,241 square foot building, constructed in 1991 and renovated in 2010, sits on a 1.11-acre lot and is zoned for mixed use. Currently, there are two available suites totaling 8,210 square feet of vacant space. One suite offers 5,814 contiguous square feet, featuring a pre-designed medical floor plan complete with existing plumbing and recent upgrades. This space includes a reception and waiting area, multiple private offices or exam rooms, conference rooms, and ample workspace. A second, smaller suite of 2,336 square feet is also available, ideal for a traditional office user requiring private offices and meeting spaces. The building offers common lot parking. The property's convenient location on Market Street in Lemoyne places it amongst established businesses such as The UPS Store, Miracle Ear, and H&R Block, ensuring high visibility and foot traffic. The minimum divisible space is 2,336 square feet, with a maximum contiguous space of 5,814 square feet. The Cumberland County property (APN: 12-21-0267-246) offers a compelling opportunity for medical professionals or businesses seeking a well-maintained and strategically located space in a thriving community. This is a multi-tenant building.

    Property profile
    Verified
    Property type Community centers
    Use group MINI-MALL
    Total area 19,741 SF
    Lot 1.11 ac (48,352 SF)
    APN 12-21-0267-246
    UPID US73-2600527
    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
    $2.86M
    CAP Approach CAP
    $3.13M
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $3.18M
    Owner & transaction history
    River Land Plaza LLC · 2 yrs held
    River Land Plaza LLC
    since 2023
    Last sale
    $3.5M
    4 recorded transactions
    2023
    $3.5M
    2021
    2019
    2015
    $3.2M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $2.8M +249.4%
    Auto repair, garage $2.2M +171.3%
    Office building $2.2M +168.9%
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    More about this property
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