977 Main St Palmyra, PA 17078-1915
- Hotels
- 15,728 SF
- 9.93 lot acres
Current Use by Public Records
- Hotels
Property Details for 977 Main St
- Year built
- 1972
- Lot size
- 9.93 lot acres
- Property size
- 15,728 SF
- Property type
- Hotels
- Property subtype
- Motels
- APN
- 16-2294119-360192-0000
- APU
- 1622941193601920000
Description
This exceptional 15,728-square-foot property at 977 E Main St, Palmyra, PA, presents a unique investment opportunity. Situated on a 9.93-acre lot (APN #16-2294119-360192-0000), this three-story building boasts 32 units and is zoned for both Heavy Industrial and Highway Commercial uses. Built in 1972, the property offers significant redevelopment potential as a warehouse or flex space, benefiting from its location near a retail corridor and access to public utilities. The existing structure includes managers' quarters, adding to its versatility. The property's size and zoning allow for new construction possibilities, and a rail spur may be feasible. This is an ideal opportunity for investors seeking a multi-use property with substantial redevelopment potential in a prime location. The owner is retiring, presenting a compelling reason for a quick sale. This is a rare chance to acquire a large, versatile property in Lebanon County, Pennsylvania, with significant upside potential. The property's diverse zoning and existing infrastructure make it suitable for a variety of commercial and industrial uses.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Palmyra
- County
- Lebanon
- State
- Pennsylvania
- Longitude
- -76.5829
- Latitude
- 40.3167
- CBSA code
- 30140
- CBSA name
- LEBANON, PA METROPOLITAN STATISTICAL AREA
