Twitter
Facebook
Email
|
3429 Derry Street is a Tenant Occupied investment opportunity with over Three (3) Years remaining on the initial Five (5) Year Lease. The Lease is structured as a modified gross where Tenant is responsible for all direct utilities, interior maintenance and exterior upkeep. Owner is reimbursed for water and sewer by Tenant. The Lease currently generates $30,900.00 in annual rent, escalating by 3.00% per year. Operating expenses reported of $6,273.72, creating an in-place NOI of $25,000.00 and a resulting CAP rate of 10.32%. This return rate and Lease structure creates a tremendous investment opportunity regardless of your funding source. Further, notable capital expenditures of roof, electric water heater, natural gas forced air and electric panels were installed in 2018. The Downtown District Zoning of Paxtang Borough generously provides for a multitude of commercial and residential type uses for future value-add opportunities. See marketing brochure for the in-place operating finances of the property.
| DAYS ON MARKET | 1 | LAST UPDATED | 10/4/2026 |
|---|---|---|---|
| TRACT | PAXTANG BOROUGH | YEAR BUILT | 1920 |
| COMMUNITY | Paxtang Boro (14047) | COUNTY | DAUPHIN |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| School District | CENTRAL DAUPHIN |
|---|---|
| High School | CENTRAL DAUPHIN EAST |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | Paxtang Boro (14047) |
| BASEMENT | Yes |
| CONSTRUCTION | Brick, Frame |
| HEAT | Forced Air, Natural Gas |
| LOT | 1742 sq ft |
| PARKING | On Street, Private, Off Site |
| SEWER | Public Sewer |
| STORIES | 3 |
| SUBDIVISION | PAXTANG BOROUGH |
| TAXES | 2433 |
| UTILITIES | Natural Gas Available, Sewer Available, Water Available, Electricity Available |
| WATER | Public |
| ZONING | Apartments, office, services, institutional, etc. |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
| SATELLITE VIEW |
| / | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Todd
Stonesifer to contact you even if your name is on a Federal or State
"Do not call List".
Listing provided by U.S. Commercial Realty
All information provided is deemed reliable but is not guaranteed and should
be independently verified. No reproduction, distribution, or transmission of the
information at this site is permitted without the written permission from the MLS
Participant.
IDX information is provided exclusively for consumer’s personal,non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This IDX solution is (c) Diverse Solutions 2026.