128 S Main St 9,358 SF 71% Leased Retail Building Spring Grove, PA 17362 $990,000 ($105.79/SF)
EXECUTIVE SUMMARY
The former Spring Grove Hotel was a bar/restaurant on the first floor with 10 residential rental units, and off-street parking for approximately eight vehicles. The bar/restaurant is now closed and available to rent. Some kitchen equipment is included in the sale. The first floor has Gas FHA and CAC. The second and third floor are residential rental units. There are 9-1BR units and 1 efficiency
apartment. The landlord pays for all utilities. The second floor has heat only. The roof was replaced in 2017.
The real estate taxes are $7,657 per year. The list price is $990,000.
apartment. The landlord pays for all utilities. The second floor has heat only. The roof was replaced in 2017.
The real estate taxes are $7,657 per year. The list price is $990,000.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
9,358 SF
Year Built/Renovated
1920/2017
Price
$990,000
Price Per SF
$105.79
Percent Leased
71%
Building Height
3 Stories
Building FAR
1.13
Lot Size
0.19 AC
Zoning
Village
Parking
7 Spaces (0.66 Spaces per 1,000 SF Leased)
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
| Space | Size | Space Use | Position | Available |
| 1st Floor | 2,700 SF | Retail | In-Line | Now |
1st Floor
| Size |
| 2,700 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 85-000-02-0143.00-00000 | Improvements Assessment | $180,360 |
| Land Assessment | $26,650 | Total Assessment | $207,010 |
