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25-3481 8 N Main St 11,138 SF Vacant Office Building Ashley, PA 18706 $459,000 ($41.21/SF)
Investment Highlights
- Former municipal building offering exceptional redevelopment potential into either 12 mixed-bedroom units or 15 one-bedroom residences.
- Strategically positioned near Rt309 and I-81 with quick access to the Hanover Industrial Park and surrounding employment centers.
- Public water and sewer connections already in place, providing utility efficiency for future residential conversions.
- Includes a separate 2000 square foot garage with two oversized overhead doors and an active three-year lease in place.
- Solid brick exterior construction with elevated ceiling heights ranging from 11 feet to 12 feet, ideal for creative adaptive reuse.
- Excellent opportunity for value-add investors seeking a fixer-upper asset with flexible redevelopment paths in a well-located corridor.
Executive Summary
Great property with huge potential. This former municipal building has approved plans for either a 12 Unit residential consisting of 6-1 beds and 6-2 beds or 15-1 Bedroom units. Also included is a 2000 sq ft garage with two large overhead doors currently leased for 3 years. This property has a great location near Rt309 and I-81.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
11,138 SF
Building Class
B
Year Built
1911
Price
$459,000
Price Per SF
$41.21
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
3,712 SF
Building FAR
1.50
Lot Size
0.17 AC
Zoning
CO
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 01-I9SE4-008-009 | Improvements Assessment | $256,000 |
| Land Assessment | $74,000 | Total Assessment | $330,000 |
Property Taxes
Parcel Number
01-I9SE4-008-009
Land Assessment
$74,000
Improvements Assessment
$256,000
Total Assessment
$330,000
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25-3481 | 8 N Main St
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