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232 N Main St
Mercersburg, PA 17236
Retail Property For Sale
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
Exceptional mixed-use investment opportunity in the heart of downtown Mercersburg! This well-maintained, fully occupied property generates over $62,000 in annual gross income and offers a strong blend of stability and future potential. Ideally positioned along Route 16 with convenient access to Interstate 81, 522, 75 and the PA turnpike - the location provides outstanding visibility and accessibility for both commercial and residential tenants. 232 N Main features a long-standing commercial tenant on the first floor along with two upper-level residential apartments, all occupied by long-term tenants. A rare opportunity to acquire a turnkey income-producing property in a thriving small-town setting with excellent commuter access and consistent occupancy history.
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
$553,327 CAD
Price Per SF
$43.26 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)
Amenities
- 24 Hour Access
Property Taxes
| Parcel Numbers | Improvements Assessment | $48,910 CAD | |
| Land Assessment | $4,310 CAD | Total Assessment | $53,220 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$4,310 CAD
Improvements Assessment
$48,910 CAD
Total Assessment
$53,220 CAD
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