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Listed by ANDREW WOLFE • Wolfe & Company REALTORS
$ 575,000
Est. payment | /mo
$ 575,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Pending
Purchase Type For Sale
MLS Listing ID PACB2052032
Year Built 1920
Annual Tax Amount $6,046
Tax Year 2025
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Downtown mixed-use property comprised of both residential and commercial components.
The residential component consists of a circa 1920 detached single-family dwelling containing approximately 2,860 square feet of gross living area, with four (4) bedrooms and two (2) full bathrooms. The two-story dwelling with walk-up attic features an aluminum-sided exterior, an older standing seam metal roof, and a partial basement with a combination of poured concrete and concrete block foundation walls. Heating is provided by an oil-fired boiler serving radiators and hot water baseboards. There is no central air conditioning. Interior finishes are dated; however, the home is considered to be of overall average construction quality and condition for its age. The dwelling was most recently owner-occupied but was vacant at time of sale.
The commercial component consists of a 37-unit self-storage facility comprised of two (2) concrete block buildings containing a combined gross building area of 4,848 square feet. Constructed in 1988, the buildings are situated on concrete slab foundations and are improved with pitched shingle roofs. Each storage unit features exterior access via a metal roll-up door. Unit interiors are drywalled and equipped with an overhead light fixture, but do not offer climate control. The storage buildings are considered to be
of average quality and condition. At the time of sale, the facility was professionally managed, fully leased (100% occupancy), and operating as an income-producing asset. The commercial component is locally known and advertised as Newville Storage.
The residential component consists of a circa 1920 detached single-family dwelling containing approximately 2,860 square feet of gross living area, with four (4) bedrooms and two (2) full bathrooms. The two-story dwelling with walk-up attic features an aluminum-sided exterior, an older standing seam metal roof, and a partial basement with a combination of poured concrete and concrete block foundation walls. Heating is provided by an oil-fired boiler serving radiators and hot water baseboards. There is no central air conditioning. Interior finishes are dated; however, the home is considered to be of overall average construction quality and condition for its age. The dwelling was most recently owner-occupied but was vacant at time of sale.
The commercial component consists of a 37-unit self-storage facility comprised of two (2) concrete block buildings containing a combined gross building area of 4,848 square feet. Constructed in 1988, the buildings are situated on concrete slab foundations and are improved with pitched shingle roofs. Each storage unit features exterior access via a metal roll-up door. Unit interiors are drywalled and equipped with an overhead light fixture, but do not offer climate control. The storage buildings are considered to be
of average quality and condition. At the time of sale, the facility was professionally managed, fully leased (100% occupancy), and operating as an income-producing asset. The commercial component is locally known and advertised as Newville Storage.
Location
State PA
County Cumberland
Area Newville Boro (14427)
Zoning MIXED USE
Interior
Hot Water Electric
Heating Baseboard - Hot Water
Cooling None
Heat Source Oil
Exterior
Garage Spaces 6.0
Water Access N
Accessibility None
Total Parking Spaces 6
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
High Schools Big Spring
School District Big Spring
Others
Tax ID 27-20-1754-125
Ownership Leasehold
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Financing Conventional,Cash
Special Listing Condition Standard
