Discover a prime investment opportunity in Union Station, a 350+ home community within Lower Paxton Township, with a brand-new multi-use building constructed in 2023. This property uniquely combines 22 modern 2-bedroom, 2-bathroom residential apartments and 4 leased commercial spaces. The commercial lineup includes Legion Hair Salon, Hops & Barley restaurant, Shakedown BBQ, and the Snack Shop, each committed to 5-10 year leases. 17 of the apartments are currently filled and we anticipate near 100% occupancy before Settlement. Located in the Central Dauphin School District and across from a popular brewery, this property promises a vibrant community and a desirable lifestyle for tenants. It's an exceptional investment that offers a mix of stable income from long-term commercial leases and the growth potential from residential rentals. Positioned in a sought-after neighborhood, it provides a perfect balance for both families and professionals. This investment property is not just a building but a community hub in a thriving residential neighborhood, promising both a steady income stream from its commercial tenants and a strong occupancy rate for its residential units. An opportunity like this, combining a prime location, a brand-new facility, and a mix of commercial and residential leases, is rare and presents a significant value proposition for any savvy investor.
PADA2030930
Mixed Use, Business Opportunities, 3+ Story
DAUPHIN
2023
2.74
Acres
Public
3
Frame
Public Sewer
44,528
Sq. Ft.
Interior Features
- Appliances
- Electric Water Heater
- Flooring
- Concrete, Carpet
- Cooling
- Central Air
- Heating
- Electric Heating. Forced Air.
- Additional Interior Features
- Elevator
Exterior / Lot Features
- Parking
- 123 Parking Spaces.
- Exterior
- Frame
Financial Considerations
35-070-453-000-0000
$78,013
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