1708 Fairmont Drive Harrisburg, PA 17111 Municipality: Lower Paxton Twp

General Commercial Residence

Beds

Baths

44,528 Sq. Ft.

2.74 Acre Lot

Property Activity

Time on Site

days

Days on Market

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Last updated on 4/29/2024 10:31 AM

Listing Details

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 commercia...l 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. Continue reading

MLS#

PADA2030930

Property Type

General Commercial

Year Built

2023

Square Feet

44,528 sq. ft

Price per Sq. Ft.

$178.54

Lot Size

2.74