405 S Market St, Elizabethtown, PA 17022
- $649,900
- List Price
- $649,900
- Days on Market
- 10
- Status
- ACTIVE
- MLS#
- PALA2094644
- Lot Size (Acres)
- 0.26
- Year Built
- 1908
- County
- Lancaster
- School District
- Elizabethtown Area
Property 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.
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Additional Information
- Area
- Elizabethtown Boro (10525)
- Subdivision
- None Available
- Taxes
- $7105
- School District
- Elizabethtown Area
- Flooring
- Carpet, Hardwood, Luxury Vinyl Plank, Vinyl
- Heating
- Baseboard - Electric, Baseboard - Hot Water, Hot Water & Baseboard - Electric
- Heating Fuel
- Natural Gas
- Cooling
- Central A/C, Window Unit(s)
- Roof
- Architectural Shingle
- Utilities
- None
- Water
- Public
- Sewer
- Private Sewer
Mortgage Calculator
Listing courtesy of Realty ONE Group Unlimited. Contact: (717) 569-1700
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