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30-36 E Independence Street

SHAMOKIN, PA 17872
  • $400,000
  • STATUS: Closed
  • ON SITE: 333 Days
  • ID#: PANU2001362
Sold - 11/27/2024
$400,000
SOLD - 11/27/2024
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1900
County:

School Ratings & Info

School District:

Description

Investor Alert: Unique Mixed-Use OpportunityNestled 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.

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©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices Homesale Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-01-23T21:56:55.797.
www.centralpahomesaleteam.com/homes/147915884
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30-36 E Independence Street SHAMOKIN, PA 17872

  • Price: $359,900
  • Status: Closed
  • On Site: 333 Days
  • Updated: 24 min ago
  • ID#: PANU2001362
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1900
Built
Neighborhood:
Jackson Twp (14106)
County:
Northumberland
Area:
Jackson Twp (14106)
School District:
Shamokin Area
Property Description
Investor Alert: Unique Mixed-Use OpportunityNestled 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.
Exterior Features

Construction Materials Brick Garage YN No Parking Types On Street Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 35100.00 Cooling None Heating None Heating YN Yes Net Square Feet 4500.00

Property Features

Accessibility Features None Buyer Financing Cash Central Air YN No Cooling Fuel None Heating Fuel None Hot Water None Municipality JACKSON TWP Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 802885658428 Ownership Interest Fee Simple Property Sub Type Mixed Use Sale Type REO (Real Estate Owned) Sewer Public Sewer Tax Annual Amount 5790.00 Tax Lot 238 Vacation Rental YN No Water Source Public Zoning COMMERCIAL

Listing courtesy of HomeSmart Realty Advisors: .


©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices Homesale Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-01-23T21:56:55.797.
 
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