Log In/Sign Up
Your email has been sent.
232 N Main St 12,792 SF 100% Leased Retail Building Mercersburg, PA 17236 $566,825 CAD ($44.31 CAD/SF) 10.68% Cap Rate
INVESTMENT HIGHLIGHTS
- Situated in the heart of Mercersburg
- Close proximity to parks, schools, and cultural attractions, enhancing the quality of life.
- Providing easy access to local shops, restaurants, and community amenities.
- Within close proximity to US Route 11, I-81 and Route 416.
EXECUTIVE SUMMARY
Unique investment opportunity in historic Mercersburg. This offering is a special bundle - one commercial property with a gross annual income of over $58,000 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.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
12,792 SF
Building Class
C
Year Built
1957
Price
$566,825 CAD
Price Per SF
$44.31 CAD
Cap Rate
10.68%
NOI
$60,513 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.48
Lot Size
0.61 AC
Zoning
CC - Building zoning is commercial, separate lots are residential.
Parking
9 Spaces (0.7 Spaces per 1,000 SF Leased)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $53,736 CAD | |
| Land Assessment | $4,352 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $49,384 CAD | Tax Year | 2025 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$4,352 CAD
Improvements Assessment
$49,384 CAD
Total Assessment
$53,736 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
1 of 58
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
232 N Main St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.