Investment Opportunity Mount Joy – CLOSED

This fully-leased 6-unit property is a great investment opportunity in Mount Joy. Located downtown in the Central Business District, this multi-use building with commercial zoning includes; 4 residential apartments with hardwood floors and 2 commercial units with skylights. There are two off-street parking spaces on the property and free parking on-street is readily available. Current NOI can easily be increased by raising rents to market rates or converting unfinished spaces into additional apartment. The current owners would like to lease back their office space after settlement; rent to be negotiated.

For questions on permitted uses in the commercial spaces, please review Mount Joy Zoning regulations and approved uses for CBD zoning district. Due to the building being fully occupied, A MINIMUM OF 24 HOURS NOTICE IS REQUIRED FOR ALL SHOWINGS. NO NIGHT OR WEEKEND SHOWINGS. ADDITIONAL DISCLOSURES: Please be aware of the following: 1) property owners have a long term agreement with the local Rotary Club to allow their clock on the corner of the property. Rotary maintains clock, flower bed around clock, and pays electric. 2) Owners also permit the Main St. Mount Joy organization to use and decorate the large evergreen tree on property for holiday celebrations. Decorations are currently stored at no charge in property owner’s basement. 3) Also please note, that property dimensions and lines shown in County GIS are incorrect. Ask agent f or copy of deed and visual of correct property lines.

Agent: Christine Sable, CCIM/Justin Geisenberger

Attachments:

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Location:

Address: 50-52 E. Main Street Mount Joy, PA 17552

Listings

Contact

Phone: (717) 399-9361

Address:

245 Butler Avenue Ste. 220
Lancaster, PA 17601