5828 Us-220Linden, PA 17744

For Sale
$895,000

High-traffic location, strong NOI, immediate income.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional mixed-use property in Linden, Pennsylvania presents a compelling investment opportunity. The 6,229 square foot building, constructed in 2004 (with a 1946 structure incorporated), boasts a diverse income stream. Currently operating as a thriving antique mall with approximately 40 rented vendor spaces, the property also includes two separately rented apartments and a fully equipped commercial kitchen. The existing tack shop is included in the sale. The property sits on a 0.9-acre lot with ample parking for 12 vehicles, and additional parking space could be created in the rear. The building features a large 40' x 80' two-story warehouse space, perfectly suited for its current use or adaptable to other commercial ventures. The property enjoys a 100% occupancy rate, generating a Net Operating Income (NOI) of $67,000, resulting in a 7.49% capitalization rate. The asking price is $895,000, with a price per square foot of $143.68. Located on a high-traffic highway, just 10 minutes from Williamsport, PA, this property offers excellent visibility and accessibility. The seller is willing to include approximately $10,000 worth of tack store inventory, along with years' worth of antique collectibles, jewelry, and other merchandise for an agreed-upon price. The property is zoned for residential and commercial use. The lease terms are month-to-month. This is a rare opportunity to acquire a well-established, income-producing property with significant upside potential.

Highlights

  • Two (2) income-producing rental units.
  • Commercial kitchen suitable for coffee/sandwich shop operation.
  • 3,200 square foot (40' x 80') two-story warehouse configured as a vendor mall with approximately 40 vendor spaces.
  • Convenient highway access with high traffic volume.
  • Located 10 minutes from Williamsport, PA.

Property Details for 5828 Us-220

Property type
Other warehouses, Other retail properties
Square Feet
6,229 SF
Year Built/Renovated
1946/2004
Buildings
1
Stories
2
Lot Size (sq. ft)
39,204 SF
Units
4

Location Insight

City
Linden
County
Lycoming
State
Pennsylvania
Latitude
41.229731692415
Longitude
-77.147184460339
5828 Us-220, Linden, Pennsylvania

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5828 Us-220
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