Payne Shoemaker Building

Off-Market

240 North 3rd Street, Harrisburg, PA 17101

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 54,080 SF
  • Lot Size 0.1 Acre
  • Property Tenancy Multi-Tenant
  • LEED Certified
  • Building Class B
  • Year Built 1929

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 31 Aug, 1994
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Harrisburg

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Harrisburg Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $18.71
  • 2022 Office Vacancy Rate 17.97%
  • 2022 Office Completions (SF)

Harrisburg Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2022 Avg. Price per SF $113.49
  • 2022 Office Sales Volume $36.1M
  • 2022 Number of Transactions 8
View more Harrisburg market trends

Location

Getting Around

  • Walk Score ®

    95/100 Walker's Paradise
  • Transit Score ®

    50/100 Good Transit
  • Bike Score ®

    52/100 Bikeable
Powered by Walk Score ®
  • City Harrisburg, PA
  • Neighborhood Downtown Harrisburg
  • Zip Code 17101
  • Market Harrisburg

Points of Interest

  • Harrisburg

    0.34 miles

  • Middletown

    8.91 miles

  • M&H Railroad

    9.58 miles

  • ChargePoint Charging Station

    0.21 miles

  • Exxon

    0.31 miles

  • Speedway

    0.52 miles

  • Citgo

    0.58 miles

  • Sunoco

    1.30 miles

  • Hess

    1.42 miles

  • Gulf

    1.73 miles

  • Sheetz

    1.82 miles

  • Quality Gas

    1.86 miles

  • Shell

    2.25 miles

  • Locust St. Garage

    0.07 miles

  • South St. Garage

    0.09 miles

  • River St. Garage

    0.12 miles

  • Walnut St. Garage

    0.15 miles

  • 5th St. Garage

    0.24 miles

  • Chestnut St. Garage

    0.28 miles

  • Market Square Garage

    0.29 miles

  • 7th St. Garage

    0.43 miles

  • UPMC Southgate Professional Building Parking Lot (Visitors & Staff Only)

    0.65 miles

  • Capital Area Greenbelt Parking

    1.95 miles

  • Hilton Harrisburg

    0.22 miles

  • Alva Hotel and Restaurant

    0.29 miles

  • Crowne Plaza Harrisburg-Hershey

    0.30 miles

  • City House B&B

    0.39 miles

  • Towne House Suites

    0.47 miles

  • Quality Inn

    0.67 miles

  • Econo Lodge

    1.44 miles

  • Korman Communities Harrisburg

    1.60 miles

  • Penn Harris Trademark by Wyndham

    1.75 miles

  • TownePlace Suites

    3.17 miles

  • Miyako

    0.08 miles

  • Fresh Pressed HBG

    0.09 miles

  • Jimmy John's

    0.09 miles

  • Cafe Fresco

    0.09 miles

  • Stocks on 2nd

    0.09 miles

  • Federal Taphouse

    0.10 miles

  • Niko's Pizza

    0.10 miles

  • Arooga's Downtown

    0.11 miles

  • 2nd Street Shawarma

    0.11 miles

  • State Cafe

    0.12 miles

  • Capital Area School for the Arts

    0.13 miles

  • Temple University Harrisburg

    0.15 miles

  • Harrisburg University of Science and Technology

    0.20 miles

  • State Street Academy of Music

    0.22 miles

  • Benjamin Franklin Elementary School

    0.54 miles

  • Harrisburg Area Community College

    0.77 miles

  • Webster School

    0.87 miles

  • Downey Early Childhood School

    0.91 miles

  • Hamilton Elementary School

    0.97 miles

  • Vernon School

    1.02 miles

  • Tender Years

    1.79 miles

  • KinderCare

    2.14 miles

  • Building Blockz Academy

    2.47 miles

  • KinderCare

    3.49 miles

  • Kindercare

    3.66 miles

  • Kids on Campus Child Development Center

    4.08 miles

  • DLA Child Development Center

    4.32 miles

  • Capital Area Head Start

    4.39 miles

  • Little Learners' Child Development Center

    4.71 miles

  • The Children's Garden

    4.75 miles

Frequently Asked Questions

What is the total square footage of Payne Shoemaker Building?

Payne Shoemaker Building totals 54,080 square feet.

When was this property built?

Payne Shoemaker Building was built in 1929.

When was Payne Shoemaker Building last sold?

Payne Shoemaker Building was last sold on 31 Aug, 1994.

What is the property tax for Payne Shoemaker Building?

The property tax for Payne Shoemaker Building in 2023 was $119,853.

What is the market value for Payne Shoemaker Building?

The market value* for Payne Shoemaker Building in 2023 was $2,664,700.

*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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