Bought with Unrepresented Buyer • Unrepresented Buyer Office
$950,000
$995,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
10,900 SqFt
SOLD DATE : 06/20/2025
Key Details
Sold Price $950,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 10,900 sqft
Price per Sqft $87
Subdivision Gettysburg Borough
MLS Listing ID PAAD2016798
Sold Date 06/20/25
Year Built 1920
Annual Tax Amount $18,864
Tax Year 2025
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Mixed Use Investment property for sale with 5 Commercial Suites on first level and 4 Apartments on second level. The Commercial units have been easy to lease and remain consistently full over the almost 40 years the owner has held this property. They provide a nice diversity in the tenant base. Upstairs are 4 apartments all (3) bedroom and (1) bathroom.
The property has a covered parking street level garage, which is tenant parking. There is generous street parking for customers in the commercial suites. The property sits at a corner along Route 30 West in Gettysburg Borough, with excellent visibility.
The rents have substantial upside, providing a savvy investor a strong value add opportunity. The property is offered at an attractive 8% CAP rate on existing income plus upside.
The growth in the Gettysburg market will provide the owner a strong location benefit with a growing economic base and increase in household income.
NDA is required to view financials.
Location
State PA
County Adams
Area Gettysburg Boro (14316)
Zoning R 1,
Interior
Hot Water Electric, Natural Gas
Heating Forced Air, Hot Water
Cooling Central A/C
Flooring Carpet, Vinyl, Concrete
Heat Source Natural Gas
Exterior
Utilities Available Above Ground, Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Water Access N
View Street
Roof Type Rubber
Street Surface Black Top
Accessibility Other
Road Frontage State, Boro/Township
Garage N
Building
Lot Description Level, Road Frontage
Foundation Slab
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Gettysburg Area
Others
Tax ID 16006-0070---000
Ownership Other
Special Listing Condition Standard
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