What is the asking price for 304 Market St?

The lease rate for space here is Contact for pricing.

What type of property tenancy can you find at 304 Market St?

This property is listed as Multi-Tenant.

What is the total size of 304 Market St?

The property has a total square footage of 8,925 SF.

When was this property built?

304 Market St was built in 1941.

How many parking spaces are available at 304 Market St?

Parking information for the property isn't currently listed. However, other nearby parking options include Market Square Parking Garage, located 1.11 miles away , and River St. Garage, which is 1.13 miles away.

304 Market St, Lemoyne, PA 17043

For Sale $1,600,000
Property Type Multi-Family
Property Size 8,925 SF
Units 13
Lot Size 0.42 Acre
Property Tenancy Multi-Tenant
Year Built 1941
Year Renovated 2022
Date Updated May 20, 2026

Description

-Scope Commercial Real Estate is pleased to exclusively present 304 Market Street is a stabilized mixed-use investment property located in the heart of Lemoyne Borough, just minutes from Downtown Harrisburg. The asset consists of approximately 8,725 rentable square feet featuring a combination of street-level retail space and multifamily residential units, providing investors with diversified income streams. The property includes three commercial suites complemented by residential apartments above, serving local service-oriented retail tenants and area residents. Situated along Market Street / US Route 11–15, the property benefits from strong visibility, consistent traffic counts, and immediate access to major regional roadways including I-83, I-76 (PA Turnpike), and I-81. Offered at $1,600,000, the asset delivers a 7.21% cap rate with a current Net Operating Income of $115,359 presenting an attractive opportunity for investors seeking steady cash flow in a supply-constrained Central Pennsylvania market.

Highlights

Attractive In-Place Yield: Offered at a 7.21% cap rate with current Net Operating Income of $115,359 the asset provides investors with a strong going-in return in a supply-constrained Central Pennsylvania market.
Diversified Income Streams: A balanced mix of street-level retail suites and residential apartment units reduces reliance on a single tenant type and enhances long term income stability.
Operational Upside Potential: The asset presents opportunities for continued rent growth, expense optimization, and long-term value appreciation through professional management.
Prime Market Street Frontage: Located along Market Street / US Route 11–15, the property benefits from excellent visibility, steady traffic, and immediate connectivity to Camp Hill, Lemoyne, and Downtown Harrisburg.
Strong Regional Accessibility: The site offers convenient access to I-83, I-76 (PA Turnpike), and I-81, positioning the property within a highly accessible commuter and employment corridor.
Walkable, In-Demand Neighborhood: Surrounded by restaurants, retail, government offices, and riverfront amenities, the location supports continued tenant demand across both the retail and residential components.