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Unique investment opportunity in historic Mercersburg. This offering is a special bundle - one commercial property with a gross annual income of over $56,000 and two residential lots. Each is parceled separately. With great visibility and frontage on Route 16 - 232 N Main offers commercial / retail space on the first floor complete with storage and warehouse area to the rear, and two residential apartments on the second floor. The first floor tenant has two years left on the lease, with a scheduled increase each year, the residential tenants are long term. Please call for more information. No photos of the apartments have been shared to respect tenant privacy.
| DAYS ON MARKET | 391 | LAST UPDATED | 8/13/2024 |
|---|---|---|---|
| YEAR BUILT | 1957 | COMMUNITY | Mercersburg Boro (14514) |
| COUNTY | FRANKLIN | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to May 17, '24 | $450,000 |
|---|---|
| May 17, '24 - Today | $425,000 |
| ADDITIONAL DETAILS | |
| AIR | Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | Mercersburg Boro (14514) |
| HEAT | Baseboard, Electric, Hot Water, Natural Gas |
| LOT | 0.63 acre(s) |
| PARKING | On Street |
| SEWER | Public Sewer |
| TAXES | 6969 |
| WATER | Public |
| ZONING | Dance School and Apartments are zoned commercial - the two lots adjacent are zoned residential |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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