Prime opportunity in the heart of Palmyra! This Mixed-Use Commercial property offers over 3,700 sq. ft. of adaptable space in a busy, high-visibility location ideal for investors, business owners, or those looking to maximize rental income. The main level (approx. 1,000 sq. ft.) is currently leased and operating as a… Read More salon ($2300 per month), providing steady income. The second floor features a well-kept 2 bedroom, 1 bath apartment, currently rented to excellent, timely tenants who would love to stay ($1200 per month). The third floor presents incredible potential. With two existing bedrooms (each with closets) and a large great room with vaulted ceilings, this level is ready to be finished into an additional unit. There is potential to add a separate private entrance from the exterior or extend access from the second level which will open the door for even more income opportunities. Recent updates include a new roof in 2023, along with a new hot water heater, windows and electrical panel installed in 2024. Outside, you'll find ample parking and a detached garage that can be rented for supplemental revenue. Versatile, income-producing, and perfectly located - this is a standout investment in a thriving Palmyra area! Read Less
Courtesy of Emily Graham, Contigo Real Estate 717-826-9758
Listing Snapshot
Days Online
6
Last Updated
Property Type
Mixed Use
Square Ft.
3,726
Lot Size
0.29 Acres
Year Built
1940
MLS Number
PALN2024052
Additional Details
Building
Built in 1940, 3 stories, Construction Materials: Brick
Cooling
Ductless/Mini-Split
Accessibility Features
2+ Access Exits, Ramp - Main Level
Floors
Ceramic Tile, Laminate Plank
Heating
Baseboard - Hot Water
Income
Gross Income: $42,000
Lot
0.29 acres
Owner Pays
All Utilities, Air Conditioning, Electricity, Heat, Lawn/Shrub Care, Sewer, Snow Removal, Trash Collection, Water
Parking
Private
Sewer
Public Sewer
Taxes
Annual Amount: $5,786, Year: 2025, Zoning: MIXED USE
Utilities
Water Source: Public
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