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309 3rd St 20,000 SF 96% Leased Office Building New Cumberland, PA 17070 $2,050,410 CAD ($102.52 CAD/SF)
Investment Highlights
- Located at the central intersection of Bridge and Third Streets in downtown New Cumberland.
- Surrounded by neighborhood dining, retail, and entertainment, including the West Shore Theatre.
- On-site and on-street parking available, with flexible layouts for office and retail users.
- Two mixed-use buildings totaling 20,000 SF with recent renovations completed in 2025.
- Easy access to I-83 and major regional markets, including Harrisburg and the State Capitol complex.
- Current rent roll includes a mix of local businesses and a national franchise, with value-add potential.
Executive Summary
Cliffmar Corner presents a rare opportunity to acquire two mixed-use office and retail buildings totaling 20,000 SF in the heart of downtown New Cumberland. Positioned at the highly visible intersection of Bridge and Third Streets, this property offers exceptional accessibility to the I-83 corridor and proximity to the Pennsylvania State Capitol complex. The location benefits from strong pedestrian and vehicular traffic, with over 10,000 ADT, and is surrounded by a vibrant mix of dining, retail, and entertainment venues, including the West Shore Theatre and popular local establishments.
The property consists of two buildings with flexible floor plans, off-street parking, and recent renovations completed in 2025. Current tenancy includes a mix of established local businesses and a national franchise, providing stable income with upside potential through enhanced management and lease-up of remaining space. Zoned Mixed-Use (Downtown Overlay), the asset supports a wide range of professional services and retail uses, making it an attractive investment for owners seeking long-term value in a growing market.
The property consists of two buildings with flexible floor plans, off-street parking, and recent renovations completed in 2025. Current tenancy includes a mix of established local businesses and a national franchise, providing stable income with upside potential through enhanced management and lease-up of remaining space. Zoned Mixed-Use (Downtown Overlay), the asset supports a wide range of professional services and retail uses, making it an attractive investment for owners seeking long-term value in a growing market.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
20,000 SF
Building Class
C
Year Built/Renovated
1920/2007
Price
$2,050,410 CAD
Price Per SF
$102.52 CAD
Percent Leased
96%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
6,667 SF
Building FAR
0.61
Lot Size
0.75 AC
Zoning
Mixed Use - Mixed Use - Downtown Overlay
Parking
2 Spaces (0.1 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Small second floor flexible office space with great light, wood floors, and mix of cubes and open space
| Space | Size | Space Use | Build-Out | Available |
| 2nd Fl-Ste 4/7 | 840 SF | Office/Retail | Partial Build-Out | Now |
2nd Fl-Ste 4/7
| Size |
| 840 SF |
| Space Use |
| Office/Retail |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
2nd Fl-Ste 4/7
| Size | 840 SF |
| Space Use | Office/Retail |
| Build-Out | Partial Build-Out |
| Available | Now |
Small second floor flexible office space with great light, wood floors, and mix of cubes and open space
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Very walkable
80/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 25-24-0813-100 | Improvements Assessment | $1,191,890 CAD |
| Land Assessment | $102,162 CAD | Total Assessment | $1,294,052 CAD |
Property Taxes
Parcel Number
25-24-0813-100
Land Assessment
$102,162 CAD
Improvements Assessment
$1,191,890 CAD
Total Assessment
$1,294,052 CAD
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309 3rd St
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