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400 E Main St 0.85 Acres of Commercial Land Offered at $599,000 in Mount Joy, PA 17552



Executive Summary
Special Economic Status: Situated inside the local LERTA (Local Economic Revitalization Tax Assistance) district, which may qualify eligible improvements for real estate tax abatements.
Property Facts
1 Lot Available
Lot
| Price | $599,000 | Lot Size | 0.85 AC |
| Price Per AC | $704,705.88 |
| Price | $599,000 |
| Price Per AC | $704,705.88 |
| Lot Size | 0.85 AC |
±0.88-Acre lot zoned Neighborhood Commercial; Approvals already in place for a 9-unit townhome development
Description
Excellent development opportunity in the rapidly growing Mount Joy area. This ±0.88-acre Neighborhood Commercial-zoned property comes with approvals already in place for a 9-unit townhome development, allowing a developer to move forward quickly while avoiding much of the time, expense, and uncertainty of the approval process. Major approvals have been secured, including stormwater management, curbing, and required site improvements. No street improvements have been identified, helping reduce development costs and streamline construction timelines. Ideally located near Routes 230 and 283, the property offers convenient access to Lancaster, Harrisburg, Hershey, and surrounding employment centers. The site is also located within Mount Joy Borough's LERTA district, which may provide qualified projects with significant real estate tax abatements on new improvements. Buyers should independently verify eligibility and program requirements. The approved plan is for a 9-unit townhome development. Conversion to condominium ownership may be possible, but buyers should perform their own due diligence with the Borough and other applicable authorities. This is a rare opportunity to acquire a shovel-ready development site in one of Lancaster County's most desirable and fastest-growing markets.
Property Taxes
| Parcel Number | 450-01192-0-0000 | Improvements Assessment | $7,100 |
| Land Assessment | $154,000 | Total Assessment | $161,100 |
