640 W Main Street, Palmyra, PA 17078
- $515,000
- Sold Price
- $515,000
- List Price
- $685,000
- Closing Date
- Dec 30, 2025
- Days on Market
- 69
- Status
- CLOSED
- MLS#
- PALN2021192
- Lot Size (Acres)
- 0.44
- Year Built
- 1960
- County
- Lebanon
- School District
- Palmyra Area
Property Description
For Sale - 3600 SF of retail located on heavily traveled route 422. Over 20,000 daily vehicle count. Current Tenant is an established auto repair business with gross rent at $48000. New Owner would have the right to terminate the current lease with 180 notice to Tenant and occupy the whole property if needed. Highway commercial zoning allows for a multitude of retail or office uses. Possibility for indoor rec, salon, flex, light manufacturing and more. Versatile layout would allow for multiple Tenants making this a great option for an owner user that wants to have its mortgage covered by the current Tenant or an investor that wants to place multiple Tenants and increase cash flow further. Brand new HVAC and newer roof. Property is in excellent condition. One vehicle lift is included in sale. Ample parking with 27 spots and rear alley access. There is approximately 400 SF of bonus lofted space which could be used for additional office, storage or other business needs.
Additional Information
- Area
- Palmyra Boro (13216)
- Taxes
- $6953
- School District
- Palmyra Area
- Heating
- 90% Forced Air
- Heating Fuel
- Natural Gas
- Cooling
- Central A/C
- Roof
- Rubber
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Coldwell Banker Realty. Contact:
Selling Office: .