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Prime opportunity in the heart of Palmyra! This Mixed-Use Commercial property offers over 3,700 sq. ft. of adaptable space in a busy, high-visibility location"”ideal for investors, business owners, or those looking to maximize rental income. The main level (approx. 1,000 sq. ft.) is currently leased and operating as a salon ($2300 per month), providing steady income. The second floor features a well-kept 2 bedroom, 1 bath apartment, currently rented to excellent, timely tenants who would love to stay ($1200 per month). The third floor presents incredible potential. With two existing bedrooms (each with closets) and a large great room with vaulted ceilings, this level is ready to be finished into an additional unit. There is potential to add a separate private entrance from the exterior or extend access from the second level"”opening the door for even more income opportunities. Recent updates include a new roof in 2023, along with a new hot water heater, windows and electrical panel installed in 2024. Outside, you'll find ample parking and a detached garage that can be rented for supplemental revenue. Versatile, income-producing, and perfectly located"”this is a standout investment in a thriving Palmyra area!
| DAYS ON MARKET | 0 | LAST UPDATED | 12/12/2025 |
|---|---|---|---|
| YEAR BUILT | 1940 | COMMUNITY | Palmyra Boro (13216) |
| COUNTY | LEBANON | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | PALMYRA AREA |
|---|
| ADDITIONAL DETAILS | |
| AIR | Ductless, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| AREA | Palmyra Boro (13216) |
| BASEMENT | Yes |
| CONSTRUCTION | Brick |
| GARAGE | Yes |
| HEAT | Baseboard, Natural Gas |
| LOT | 0.29 acre(s) |
| PARKING | Private, Garage, Driveway, Parking Lot |
| SEWER | Public Sewer |
| STORIES | 3 |
| TAXES | 5786 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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