Dallastown, PA 17313 112 S Walnut Street

Pending
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Presented By: Iron Valley Real Estate of York County
  • MLS# PAYK2069838
  • 10/04/2024
  • Request Tour
  • Request Info
  • SQFT • 31,498

Home Details

***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 propertys 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!
Presented By: Iron Valley Real Estate of York County

Interior Features for 112 S Walnut Street

Other Interior Features

Central Air Y/NNo
Heating FuelNone
Hot WaterNone

General for 112 S Walnut Street

Acceptable FinancingCash, Conventional
AccessibilityNone
Business TypeStorage
Cap Rate7.70
CityDALLASTOWN
Construction MaterialsBrick
Cool FuelNone
CoolingNone
CountyYORK
DirectionsHead toward Olympia Way on N George St (I-83-BR). Turn right onto Arsenal Rd (US-30 E). Take ramp onto I-83 S (Memorial Hwy) toward Baltimore. Take exit 16A onto PA-74 S (S Queen St). Turn right o
DisclosuresAgent Related to Owner
Gross Income187841.00
HeatingNone
Lot Size Square Feet14401.00
Lot Size UnitsSquare Feet
MLS AreaDallastown Boro (15256)
ModificationTimestamp2025-05-28T13:48:10
MunicipalityDALLASTOWN BORO
Net Operating Income153704.00
New ConstructionNo
Number Of Units Total180
OwnershipFee Simple
PossessionSettlement
Property SubtypeOther
Property TypeCommercial Sale
RoofShingle
Security FeaturesMain Entrance Lock, Exterior Cameras
SewerPublic Sewer
Standard StatusPending
StatusPENDING
Tax Annual Amount9667.0
Tax Assessed Value278310.0
Tax Lot0392
Tax Year2025
Vacation Rental Y/NNo
Virtual TourClick here
Water Access Y/NNo
Year Built1906
Year Built SourceAssessor
ZoningRESIDENTIAL TOWN DISTRICT

Exterior for 112 S Walnut Street

Building Area Total0.00
InclusionsKeyless security system, security cameras, company website
Land Use Code396
Lot Size Acres0.33
Lot Size SourceAssessor
Navigable Water Y/NNo
Total Loading Docks3
Total Parking Spaces0
Type of ParkingNone
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
WaterfrontY/NNo

Additional Details

Price History

Aleksandar Tomic

Real Estate Professional
Price $1,995,000
MLS#PAYK2069838
List Date 10/04/2024
Property Type Pending
Phone 571.207.5186
Request Tour
Request Info
Visit My Website

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