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Betty C. Fennelly, Associate Broker
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Mobile Phone:
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FOR SALE
$7,950,000

1708 Fairmont Drive
Harrisburg, PA 17111

Mixed Use
Commercial
44,528
Sq. Ft.
2.74
Acre Lot
Courtesy: RSR, REALTORS, LLC, (717) 763-1212
Home> Pennsylvania> Harrisburg> 17111
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
Commercial - Mixed Use, Other
2023
DAUPHIN
2.74 Acres
Electric Water Heater, Public Water Service
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: RSR, REALTORS, LLC, (717) 763-1212
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