142 Maple Street
142 Maple Street, Mount Wolf, PA 17347
For Sale: $379,900
2,464 SF
142 Maple Street
142 Maple Street, Mount Wolf, PA 17347
For Sale: $379,900
2,464 SF
Property Details
2,464 SF
Freestanding
$379,900
Investment Highlights
- Fast growing area with .90% population growth
- Across from coming 170-unit apartment complex
- Up to 3 Commercial Spaces and 2 Residential Units
- In-place income w/ NOI of $38,246
- Potential to expand NOI to $48,584
- Owner Occupy or Investment Sale
- Rapidly growing location
- Food Truck Hookup
Project Description
Versatile mixed-use building that features up to 3 commercial auto related spaces, plus two apartments on second level. Apartments are 1 bed/1 bath each with separately metered gas and electric. The commercial spaces consist of a 2-bay garage, and two separate private offices and a public access restroom. The garage has a lift and air compressor that is included in sale. The large half acre property has a large paved parking lot and small gravel lot which is divided to accommodate licensing for two separate auto dealerships. The front auto dealer space is leased ($1,350 Monthly), one auto bay is leased to a detailer ($700 Monthly), and a rear auto space currently owner occupied and would lease for one year for investors at $1,100 per month. The two apartments are currently occupied ($625 monthly). There is also full electric hookup for a food truck in parking lot. Upgraded LED lighting and efficient gas heat. Can be owner occupied to easily cover your occupancy cost.
Location Description:
Located in a densely populated area between Mount Wolf and Manchester, PA, this property is exposed to 5,600+ cars per day. It is located directly across from a proposed 170-unit apartment complex that will break ground Fall 2021 and within 3 miles there are 15,000+ people. East access to I-83 and all conveniences make this an appealing location.
Property Location:
142 Maple Street, Mount Wolf, PA, USA
