85 Main St Leola, PA 17540-1803
This exceptional mixed-use property located at 85 W Main Street in the vibrant town of Leola, Pennsylvania, presents a unique investment opportunity. The building sits on a 0.42-acre lot and offers a blend of established commercial space and significant upside potential. Currently, the ground floor houses a thriving leather shop, providing immediate rental income. Upstairs, a spacious vacant warehouse awaits its next tenant or a creative conversion. The warehouse features a convenient loading dock, simplifying logistics and operations. The property also boasts ample parking with eight designated spaces, a significant advantage in a busy downtown area. The building is equipped with central air conditioning, ensuring year-round comfort for occupants. This versatile property is ideally suited for a variety of uses, from expanding the existing leather shop to creating additional retail or office space. The combination of a proven income stream and substantial development potential makes this an attractive proposition for savvy investors seeking a strong return on investment in a desirable Pennsylvania location. The property's prime downtown location offers excellent visibility and accessibility, ensuring high foot traffic and easy access for customers and employees. The 0.42-acre lot provides ample space for potential expansion or outdoor amenities. This is a rare opportunity to acquire a well-located, mixed-use property with immediate income and significant long-term growth potential. Don't miss out on this chance to own a piece of Leola's thriving commercial landscape. The asking price is $624,900.
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Domaki Leathers Department Store Clothing & Fashion Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
MU · Leola, PALeola. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.