405 S Market St,ELIZABETHTOWN, PA 17022
ELIZABETHTOWN, PA 17022
Description
Excellent mixed-use investment opportunity in Elizabethtown. Currently home to Primary Eye Care Center, this well-maintained solid brick property combines established commercial space with residential rental income and the potential for a long-term commercial tenant.The property consists of two primary buildings. The main office building houses Primary Eye Care Center, where patient examinations and office operations are conducted, with two one-bedroom apartments located above. The separate Opti Barn serves as the eyewear and optical retail location and includes an additional one-bedroom apartment above, providing a total of three residential units.The current owner would like to remain as a long-term tenant, leasing both the main office and Opti Barn. Projected income reflects anticipated market rents for the commercial spaces as well as adjusted residential rents, as the existing apartment rents are currently below market.The solid brick construction has been meticulously maintained throughout the years, providing an attractive opportunity for an investor seeking a combination of commercial and residential income in the Elizabethtown market.
Details
| MLS # | PALA2094644 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1908 |
| Days On Site | 21 |
| Listing Provided By | Realty ONE Group Unlimited | Ryan L Reed |
Features
| Zoning | MIXED USE |
|---|---|
| Acreage | 0.26 |
Interior
| Cooling | Central A/C, Window Unit(s) |
|---|---|
| Heating Yes / No | Yes |
| Heating | Baseboard - Electric, Baseboard - Hot Water, Hot Water & Baseboard - Electric |
Exterior
| Roof | Architectural Shingle |
|---|---|
| Construction Materials | Brick |
| Foundation Details | Block |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Handicap Parking, Paved Parking, Private |
Utilities
| Utilities | None |
|---|
Taxes
| Tax Annual Amount | 7105 |
|---|
Area Information
| State | PA |
|---|---|
| County | LANCASTER PA |
| City | ELIZABETHTOWN |
| Zip Code | 17022 |
| Area | Elizabethtown Boro (10525) |
| Community Name | NONE AVAILABLE |
| School District | ELIZABETHTOWN AREA |
| Listing VS Median (in NONE AVAILABLE) | |
Price: $649,900 low | high Med: $359,900 On site: 21 low | high Med: 34 | |
Market Activity 17022
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Learn More About This Property
| State | PA |
|---|---|
| County | LANCASTER PA |
| City | ELIZABETHTOWN |
| Zip Code | 17022 |
| Area | Elizabethtown Boro (10525) |
| Community Name | NONE AVAILABLE |
| School District | ELIZABETHTOWN AREA |
| Listing VS Median (in NONE AVAILABLE) | |
Price: $649,900 low | high Med: $359,900 On site: 21 low | high Med: 34 | |
