3429 DERRY ST
HARRISBURG, PA 17111
$245,000
Sq. Ft.:
N/A
Type:
Commercial
Listing #PADA2064746
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.
Listing Courtesy of: U.S. Commercial Realty (717) 735-6000
Property Features
County:
DAUPHIN-PA
Municipality:
PAXTANG BORO
Latitude:
40.25884
Longitude:
-76.8327
MLS Area:
Paxtang Boro (14047)
Subdivision:
PAXTANG BOROUGH
Directions:
Located along Derry Street in Paxtang Borough. Short distance from 322 and 83.
Heating:
90% Forced Air
Heating Fuel:
Natural Gas
Cooling:
Central A/C, Electric
Floors:
Solid Hardwood
Water Heater:
Electric
Has Basement:
Yes
Total Number of Units:
1
Accessibility:
None
Stories:
3
Is New Construction:
No
Construction:
Brick, Masonry, Frame
Foundation:
Stone, Brick/Mortar
Roof:
Asphalt
Septic or Sewer:
Public Sewer
Electric:
Circuit Breakers
Utilities:
Electric Available, Natural Gas Available, Sewer Available, Water Available
Has Garage:
No
Parking Spaces:
2
Site Description:
Downtown
Lot Size in Acres:
0.04
Lot Size in Sq. Ft.:
1,899
Zoning:
DOWNTOWN DISTRICT (DT)
Building Total Area (Sq. Ft.):
2,190
Has Waterfront:
No
Has Water Access:
No
School District:
CENTRAL DAUPHIN
ListDate:
2026-10-04 00:00:00.0
Possession:
Settlement
Property Type:
COM
Property SubType:
Commercial Sale
Year Built:
1920
Status:
Active
Tax Year:
2026
Tax Amount:
$2,433
Ownership Interest:
Fee Simple
Inclusions:
Appliances.
Exclusions:
Tenants personal property.
Available For Lease:
No
Business Type:
Other
$ per month
Year Fixed. % Interest Rate.
| Principal + Interest: | $ |
| Monthly Tax: | $ |
| Monthly Insurance: | $ |
© 2026 Bright MLS - TREND, Central Penn, Keystone. All rights reserved.
© 2026 BRIGHT. All rights reserved.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Gacono Real Estate participates, and is provided by BRIGHT through a licensing agreement. Real estate listings held by brokerage firms other than Gacono Real Estate are marked with the IDX icon, and detailed information about each listing includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information Deemed Reliable But Not Guaranteed.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Gacono Real Estate participates, and is provided by BRIGHT through a licensing agreement. Real estate listings held by brokerage firms other than Gacono Real Estate are marked with the IDX icon, and detailed information about each listing includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information Deemed Reliable But Not Guaranteed.
BRIGHT(MRIS/Trend) data last updated at November 2, 2026, 10:55 AM ET
Real Estate IDX
Powered by iHomefinder