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Property profile & analytics
OFF-MARKET
Distribution centers

85 Main St Leola, PA 17540-1803

5,178 SF 0.42 ac lot Built 1840
Individually Owned 17-yr Hold Free & Clear
Property ID
US73-1652273
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1840
Construction FRAME
Total area 5,178 SF
Lot 0.42 ac (18,295 SF)
Zoning code MU
APN 360-80617-0-0000
UPID US73-1652273
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
  • Domaki Leathers Department Store Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Larry S Selfon · 17 yrs held
Larry S Selfon
since 2009
1 recorded transaction
2009
Price N/A
Zoning & alternative use
MU · Leola, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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