Dallastown, PA 17313,112 S WALNUT ST
Dallastown, PA 17313,112 S WALNUT ST
Dallastown, PA 17313,112 S WALNUT ST
Dallastown, PA 17313,112 S WALNUT ST
Dallastown, PA 17313,112 S WALNUT ST
Dallastown, PA 17313,112 S WALNUT ST
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Jean & Christine Andrews/Joyce

Jean & Christine Andrews/Joyce

+1(410) 507-9968
$ 2,160,000
Est. payment | /mo

0.33 Acres Lot


$ 2,160,000
Est. payment | /mo

0.33 Acres Lot

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAYK2069838

Originating Board BRIGHT

Year Built 1906

Annual Tax Amount $12,077

Tax Year 2024

Lot Size 0.331 Acres

Acres 0.33

Property Description

180-unit self storage facility located on a corner lot in the heart of Dallastown, PA.

D-town Mini Storage is uniquely positioned due to its pre-existing non-conforming status. No other storage facilities can be built in this area without a special exception.

31,498 total square feet.

Being sold at a 6.75% cap rate based on actual numbers.

Physical and economic occupancy are both 90%+.

Value add opportunities include under market rents, renting empty units, and renting or building out 4,000 sq ft second floor into more storage units. D-town Mini Storage typically has the lowest rents in town. The seller, a mobile home park operator, is divesting from his only self storage facility, creating an ideal opportunity for a skilled operator to maximize the property’s potential. There is significant room for revenue growth and increased property value.

Recent capital improvements include newly blacktopped roads ($90K) and keyless entry ($20k). Both completed in 2022.

Included in the sale are: website, security cameras, keyless entry security system and elevator shaft connecting the ground to the second floor.

Financials, property survey, and clean environmental phase 1 report, available upon request. Contact us today for more information!

Location

State PA

County York

Area Dallastown Boro (15256)

Zoning RESIDENTIAL TOWN DISTRICT

Interior

Hot Water None

Heating None

Cooling None

Inclusions Keyless security system, security cameras, company website

Heat Source None

Exterior

Waterfront N

Water Access N

Roof Type Shingle

Accessibility None

Parking Type None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Dallastown Area

Others

Tax ID 56-000-04-0392-00-00000

Ownership Fee Simple

SqFt Source Assessor

Security Features Main Entrance Lock,Exterior Cameras

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Brittani Snyder • Iron Valley Real Estate of York County

GET MORE INFORMATION

Jean & Christine Andrews/Joyce

CRS, DRI, Notary | Assistant Broker | Lic# J: LIC#99697 | C: LIC#602439

+1(410) 507-9968

541 B Baltimore Annapolis Blvd, Park, MD

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112 S WALNUT ST