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$849,000 Just Listed

  • For Sale
  • Active
  • Apartment
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HUGE PRICE REDUCTION!! Former Ritter Hardware building. A gem of a property in downtown Mechanicsburg. Investors should be interested in an incredible cash flow potential. Owner occupants can use a great downtown space to open their new business or add a new location to their existing business. 1st floor store: approximately 9000 SF, 2 car garage: approximately 640 square feet. 2nd floor store area: 1152 square feet, and includes 2 very large 3 bedroom apartments that are both second and third floor. Parking: 20 spaces. -Building has one commercial business interested in renting half of the 1st floor. -$25,000 in local grants available to re-invent the facade of the building. -(2) 3 Bedroom Apartments -1 or 2 Commercial Spaces on the First floor with ample parking.

Full Property Details for 23-27 W Main St

General

  • Price: $849,000
  • Taxes: $15,308 (2024)
  • Status: Active
  • Type: Apartment
  • Source: BrightMLSPhilly
  • MLS ID: PACB2058032
  • Updated: 8/28/2026
  • Added to Site: 3 day(s) ago

Business

  • Business Type: Apartment Building, Banquet Facility/Lodge, Day Care

Interior

  • Flooring: Carpet, Hardwood, Heavy Duty, Tile/Brick, Vinyl, Wood, Concrete

Additional Information

  • Security/Safety: Exterior Cameras, Fire Detection System, Main Entrance Lock, Monitored, Smoke Detector, Surveillance Sys

Parking

  • Total Spaces: 20
  • Parking Features: Handicap Parking, Lighted Parking, Paved Parking, Public
  • Parking Type: On Street, Parking Lot

Location

  • Area: Mechanicsburg Boro (14416)
  • Municipality: MECHANICSBURG BORO
  • County: CUMBERLAND
  • Driving Directions: From I-81 take Exit 57, South on 114, Left on Market St, Property is on the right.
  • Location Details: Downtown

School Information

  • High School: Mechanicsburg Area

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable TV Available, Electric Available, Multiple Phone Lines, Natural Gas Available, Phone, Phone Connected, Sewer Available, Water Available

Structural Information

  • Construction: Brick, Block
  • Foundation: Stone
  • Roof: Metal, Rubber
  • Doors: Double Entry
  • Drive-In Doors: 3
  • Entry Floor Number: 1
  • Stories/Levels: 3
  • Building Size: 15144
  • Year Built: 1908
  • Year Built Source: Estimated
  • Property Condition: Good

Unit Information

  • # Tenants: Multiple

Lot Features

  • Lot Size (Acres): 0.48
  • Lot Size (Sq. Ft.): 20,909
  • Lot Size Source: Estimated
  • Street/Road Desc.: Black Top
  • Zoning: COMMERCIAL MARKET/MAIN
  • Lot Description: Road Frontage

Financial Considerations

  • Price Per Sq. Ft.: $56.06
  • For Lease: Yes
  • Assessment Year: 2021
  • School Tax: $10,761
  • City/TownTax: $2,733
  • City/TownTax Freq: Annually
  • County Tax: $1,814
  • County Tax Freq: Annually
  • Tax w/Assessment: $631,200
  • Tax Amount: $15,308
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple

Listed by Sterling Property Management, Inc.., J MICHAEL ADLER and Sterling Property Management, Inc.., Brock M Piper

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Listing agents

— 23-27 W Main St —

  • J MICHAEL ADLER

    Sterling Property Management, Inc..

  • Brock M Piper

    Sterling Property Management, Inc..

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 23-27 W Main St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/28/2026
Listed
$849,000
41.5%
MLS
12/30/2021
Sold
$600,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 23-27 W Main St

Year
Property Taxes
Change
Tax Assessment
Change
2026
$15,309
3%
$631,200
—
2025
$14,846
4%
$631,200
—
2024
$14,342
4%
$631,200
—
2022
$13,823
4%
$631,200
—
2022
$13,322
4%
$631,200
—
2021
$12,843
2%
$631,200
—
2020
$12,574
2%
$631,200
—
2019
$12,346
2%
$631,200
—
2018
$12,149
4%
$631,200
—
2017
$11,672
2%
$631,200
—
2016
$11,490
—
$631,200
—
2015
$11,490
3%
$631,200
—
2014
$11,177
—
$631,200
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Sterling Property Management, Inc.., J MICHAEL ADLER and Sterling Property Management, Inc.., Brock M Piper

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23-27 W Main Street, Mechanicsburg, PA 17055 (MLS# PACB2058032) is a Apartment property. 23-27 W Main Street is currently listed for $849,000 and was received on August 28, 2026. Want to learn more about 23-27 W Main Street? Do you have questions about finding other Apartment real estate for sale in Mechanicsburg? You can browse all Mechanicsburg real estate or contact a Coldwell Banker agent to request more information.

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