2909-2917 Front StHarrisburg, PA 17110

For Sale
$2,800,000

Luxury Inn, 11 Units, River Views

Overview

Added:
Dec 11, 2024
Days on market:
93
This meticulously restored Georgian Revival mansion in Harrisburg, PA, presents a rare investment opportunity. The 14,399 square foot property, built in 1916 and renovated in 2021, sits on a 1.18-acre lot with 20 parking spaces and boasts stunning architectural details including original hardwood floors and grand fireplaces. The three-building, three-story complex includes 11 luxurious bedrooms, multiple formal living and dining rooms, a library, sunroom, and a state-of-the-art gourmet kitchen. Currently operating as a successful hospitality business, this property offers panoramic Susquehanna River views and beautifully landscaped gardens, perfect for hosting events. Located in Harrisburg's historic district, it's minutes from the Capitol Complex, restaurants, and major highways, making it ideal for a boutique hotel, bed and breakfast, or event venue. The property features updated HVAC systems and security, and is zoned RF. With a 7.32% cap rate and a NOI of $205,039, this $2,800,000 listing offers a strong return on investment. The asking price per unit is $254,545.45, and the price per square foot is $194.46.

Highlights

  • $2,800,000 asking price for a meticulously restored Georgian Revival mansion.
  • 14,399 square feet with 11 bedrooms, multiple formal rooms, and a gourmet kitchen.
  • 1.18-acre lot with landscaped gardens, a courtyard, and Susquehanna River views.
  • Located in Harrisburg's historic district, near the Capitol Complex and major highways.
  • Suitable for use as a boutique hotel, bed and breakfast, or event venue.

Property Details for 2909-2917 Front St

Property type
Other specialty properties, Other mixed-use properties
Square Feet
14,399 SF
Class
C
Year Built/Renovated
1916/2021
Buildings
3
Stories
3
Lot Size (sq. ft)
51,401 SF
Units
11

Location Insight

City
Harrisburg
County
Dauphin
State
Pennsylvania
Latitude
40.291850988763
Longitude
-76.905387868643
2909-2917 Front St, Harrisburg, Pennsylvania

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2909-2917 Front St
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