4600 Jonestown Rd - Retail FOR SALE
Harrisburg, PA 17109 |
4600 Jonestown Rd
Harrisburg, PA 17109
HIGHLIGHTS
- Colonial Park Mall sits along bustling Jonestown Road, a major commercial retail hub, recently rezoned to allow mixed-use development centers.
- Township offers flexibility for repurposing, including residential use, allowing investors to reimagine the asset to meet growing market demand.
- Leased at 25.90%, investors can capitalize on the high-traffic flow and prime location to blend residential and commercial to cater to area needs.
- Asset’s easy access to Downtown Harrisburg and Harrisburg International Airport further enhances its appeal as a prime retail destination.
- Population demonstrates robust spending power, with annual consumer spending exceeding $2 billion within 5 miles of the property.
- High-traffic volume of over 32,000 daily vehicles along Jonestown Road and easy access to Interstate 83 ensures a steady stream of traffic.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Pennsylvania Mall | Repurposing Opportunity
PROPERTY TYPE
Retail
ADD'L SUBTYPES
Restaurant, Storefront Retail/Office, Department Store
TOTAL BUILDING SIZE
300000
STORIES
2
YEAR BUILT
1960
SPRINKLERS
-
PARKING SPACES
614
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
35-037-004
