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Joseph Lam

sales@soldbyturnkey.com +1(856) 305-8329

Listed by Adam Druck • Coldwell Banker Realty

$1,025,000

Est. payment - /mo

8.18 Acres Lot

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Under Contract

Purchase Type For Sale

Subdivision York Haven

MLS Listing ID PAYK2084250

Year Built 2005

Annual Tax Amount $8,282

Tax Year 2024

Lot Size 8.180 Acres

Acres 8.18

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

This versatile commercial mini-warehouse complex presents a rare opportunity for investors seeking stable income with strong upside potential. The property features a total of 31 drive-up self-storage units ranging in size from approximately 12'x20' to 14'x24', offering flexible options for renters and consistent cash flow. Additionally, two large warehouse units, each approximately 1,200 sq ft, are equipped with loading docks and drive-in ramp doors—one of which has been recently upgraded with a new edge-of-dock leveler—making them ideal for small businesses or contractors in need of secure workspace and access. Complementing the commercial spaces are two single-family homes on-site, both of which are tenant-occupied and contribute to the monthly rental income. The property also includes 1.5 acres of newly revamped outdoor storage space—graded, cleaned, and now actively being marketed for lease—perfect for RV, trailer, or contractor equipment storage. Current monthly rental income stands at $9,815, several long-term tenants still paying below market rates, offering immediate opportunities to increase revenue. The entire tenant base is managed through an electronic payment software system, streamlining collections and eliminating the need to handle cash or checks. Since ownership, major capital improvements have been made including new roofing, gutters, and modernization of leases and tenant management systems. The property is zoned Commercial – Mini Warehouse and also includes over 5 acres of additional wooded, commercially zoned land that adds to its long-term value. Operating at a 8% cap rate based on current income—with rising rents and continued lease-up efforts underway—this asset is well-positioned for further financial growth. The owner's responsibilities are minimal, limited to real estate taxes, exterior lighting, and landscaping for the lower lot, making this a low-maintenance, high-yield investment. Whether you're an experienced investor or expanding your portfolio, this property offers multiple income streams, quality improvements, and a strong foundation for long-term returns.

Location

State PA

County York

Area Newberry Twp (15239)

Zoning COMMERCIAL

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling None

Heat Source None

Exterior

Garage Spaces 58.0

Water Access N

Roof Type Architectural Shingle,Metal

Accessibility None

Total Parking Spaces 58

Garage N

Building

Lot Description Additional Lot(s)

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Northeastern York

Others

Tax ID 39-000-24-0027-00-00000

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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NEARBY SCHOOL & BUSINESS

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Joseph Lam

+1(856) 305-8329

Broker Associate | License ID: 0682262

Broker Associate License ID: 0682262

124, 126, 128 AND REAR FALLSVIEW AVE York Haven, PA 17370

Joseph Lam

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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124, 126,128 AND REAR FALLSVIEW AVE