30-36 E INDEPENDENCE ST Pending Save Request In-Person Tour Request Virtual Tour
Shamokin,PA 17872
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Pending
Purchase Type For Sale
Square Footage 35,100 sqft
Price per Sqft $10
MLS Listing ID PANU2001362
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $5,790
Tax Year 2023
Lot Dimensions 0.00 x 0.00
Property Description
Investor Alert: Unique Mixed-Use Opportunity
Nestled in the heart of downtown Shamokin, Pennsylvania, this exceptional investment opportunity is now available for a discerning investor. We are presenting a 49-unit building that uniquely combines both residential and commercial elements, offering an expansive retail space on the ground floor. This property stands in a prime downtown location, maximizing both visibility and accessibility.
The building features a strategic blend of 49 residential units and a substantial ground-floor retail space. Its modern architectural design ensures spacious living areas for residents and an inviting commercial environment for businesses. This mixed-use property not only provides a diversified income stream but also significantly reduces vacancy risks, enhancing the overall return on investment.
The property's prime location in a bustling downtown area guarantees high foot traffic, making it an ideal spot for retail businesses. The growing population and economic development in Shamokin indicate a rising demand for both housing and commercial space, suggesting a promising future for this investment. Additionally, the property offers the potential for further value addition through strategic renovations and rebranding efforts.
Priced competitively with an attractive cost per unit, this investment promises a substantial return on investment with proper management.
This mixed-use property presents a rare opportunity for investors seeking to capitalize on the thriving Shamokin community. With its combination of residential and commercial utility, prime location, and potential for high returns, it stands as an unmissable opportunity for those looking to expand their portfolio.
This property is being sold **AS-IS**. The buyer is responsible for all repairs & inspections, including but not limited to certificate of occupancy and fire inspection. Certain information contained herein is derived from information provided by other parties. All information provided is deemed reliable but is not guaranteed and should be independently verified—buyer to perform due diligence.
Location
State PA
County Northumberland
Area Jackson Twp (14106)
Zoning COMMERCIAL
Interior
Hot Water None
Heating None
Cooling None
Heat Source None
Exterior
Waterfront N
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Shamokin Area
Others
Tax ID 017-01-009-238
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition REO (Real Estate Owned)