$1,995,000

112 S WALNUT STREET, Dallastown, PA 17313

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1906
  • Property Lot Size Icon0.33acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 8 months ago

Property Description

***Seller is willing to seller finance.*** (Terms up to 1mm at 5-5.5% interest) 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 7.7% cap rate based on actual numbers. 98% occupancy. 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!

Listing Status:
Pending
Date Added:
May 28, 2025 at 05:00AM
Listing Office:
Iron Valley Real Estate of York County : 7173168777
Listing Agent:
Brittani Snyder : 7178554478
MLS ID:
PAYK2069838

This listing courtesy of Brittani Snyder, Iron Valley Real Estate of York County

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

Dallastown Elementary School

105 S Charles St, Dallastown, PA, 17313

Grades KG-3

0.10 miles away

D

Dallastown Area Middle School

700 New School Ln, Dallastown, PA, 17313

Grades 7-8

0.55 miles away

D

Dallastown Area High School

700 New School Ln, Dallastown, PA, 17313

Grades 9-12

0.57 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.