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

  • 142 Maple Street

Property Details


Building Size:

2,464 SF

Property Type:

Freestanding

Price:

$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

Brokers

Abe Khan

Senior Sales & Leasing Associate, Retail
717.843.5555 x231

717.891.0836

akhan@bennettwilliams.com

Brad Rohrbaugh
Brad Rohrbaugh
Executive VP, Retail Director 717.843.5555

717.891.7368

brohrbaugh@bennettwilliams.com

Chad Stine

President & CEO
717.843.5555

717.968.7505

cstine@bennettwilliams.com

More Info