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30088885
30088891

300 Bridge St, New Cumberland, PA 17070 For Sale

NS
PA RS351495
Landmark Commercial Realty
Listed by Landmark Commercial Realty
$1,350,000
136 days on market
Updated 44 days ago

300 Bridge Street - 309 Third Street

Details
APN 25-24-0813-100
Property Type Retail, Office
Sub Type Traditional Office
Square Footage 20,000
Cap Rate 6.30%
NOI $94,785
Occupancy 96%
Tenancy Multi
Lease Type Modified
Pro-Forma Cap Rate 1.09%
Pro-Forma NOI $14,706
Price per SqFt $68
Class B
Year Renovated 2025
Buildings 2
Stories 3
Acreage 0.340
Zoning Mixed Use (Downtown Overlay)
Investment Type Stabilized

Cliffmar Corner: Mixed Use Office/Retail

Marketing description

Cliffmar Corner, one of the anchor properties of downtown New Cumberland, is available for sale for the first time! Featuring two buildings of 10,000 SF with offstreet parking. Centrally located at the central intersection of Bridge and Third Streets, this location has always been a top choice for businesses looking for maximum visibility and value in a market that combines a small-town feel with easy accessibility to the state capitol complex and markets along the I-83 corridor. The property now sits in one of the most desirable locations in the rapidly evolving downtown district, across the street from the West Shore Theater and redevelopment of the Coakley’s complex, next door to the successful Wild Rabbit and close to numerous other attractive businesses. The current rent roll consists of a mix of well-established local businesses as well as a national franchise. An outstanding investment opportunity for a new owner to make their mark on this resurgent market. 

Investment highlights

  •  Located in the heart of downtown New Cumberland
  •  Surrounded by neighborhood dining and retail options
  •  Higher Cap Rate achievable through enhanced management
  •  Ideal for wide range of professional services, businesses
  • Power 2-Phase | 200 Amp
  • Cross Streets Bridge St & 3rd St

Listing Contacts

NS
PA RS351495
Landmark Commercial Realty
Listed by Landmark Commercial Realty

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$94,785.37
$7,898.78/mo

Valuation Metrics

0
DSCR
7.02%
Cap Rate
7.02%
ROI

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Property History

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