1708 Fairmont Drive, Harrisburg, PA 17111 | MLS PADA2030930 | Listing Information | Nestfully
Courtesy: JIMMY KOURY - RSR, REALTORS, LLC; Phone: (717) 763-1212
FOR SALE
$7,950,000

1708 Fairmont Drive
Harrisburg, PA 17111

44,528
Sq. Ft.
2.74
Acres Lot
Mixed Use, Business Opportunities
74 days on Nestfully 28 views
Discover a prime investment opportunity in Union Station, a 350+ home community within Lower Paxton Township, with a brand-new multi-use building constructed in 2023. This property uniquely combines 22 modern 2-bedroom, 2-bathroom residential apartments and 4 leased commercial spaces. The commercial lineup includes Legion Hair Salon, Hops & Barley restaurant, Shakedown BBQ, and the Snack Shop, each committed to 5-10 year leases. 17 of the apartments are currently filled and we anticipate near 100% occupancy before Settlement. Located in the Central Dauphin School District and across from a popular brewery, this property promises a vibrant community and a desirable lifestyle for tenants. It's an exceptional investment that offers a mix of stable income from long-term commercial leases and the growth potential from residential rentals. Positioned in a sought-after neighborhood, it provides a perfect balance for both families and professionals. This investment property is not just a building but a community hub in a thriving residential neighborhood, promising both a steady income stream from its commercial tenants and a strong occupancy rate for its residential units. An opportunity like this, combining a prime location, a brand-new facility, and a mix of commercial and residential leases, is rare and presents a significant value proposition for any savvy investor.
PADA2030930
Mixed Use, Business Opportunities
3+ Story
2023
DAUPHIN
2.74 Acres
Public
3
Frame
Public Sewer
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Courtesy: JIMMY KOURY - RSR, REALTORS, LLC; Phone: (717) 763-1212
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
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