220 E Main Street, Palmyra, PA 17078 - Photo 1

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$430,000

For Sale
Active
Commercial Service

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Property Description

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 added income potential. With two existing bedrooms (each with closets) and a large great room with vaulted ceilings, this level is ready to be finished to expand the second unit into a 4 bedroom unit. 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!

Full Property Details

Full Property Details for 220 E Main St

General

Price: $430,000
Taxes: $5,786 (2025)
Status: Active
Type: Commercial Service
Source: BrightMLSPhilly
MLS ID: PALN2024052
Updated: 3/6/2026
Added to Site: 113 day(s) ago

Business

Business Type: Hair Salon and Spa

Interior

Flooring: Ceramic Tile, Laminate Plank

Rooms

Bathrooms

Restrooms: 2

Parking

Total Spaces: 8
Parking Features: Private
Parking Type: Driveway, Private Garage, Parking Lot

Location

Area: Palmyra Boro (13216)
Municipality: PALMYRA BORO
County: LEBANON
Driving Directions: Use GPS

Heating & Cooling

Cooling Type: Ductless/Mini-Split
Cooling Fuel: Electric
Heating Type: Baseboard - Hot Water
Heating Fuel: Natural Gas
Water Heater: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Construction: Brick
Basement: Yes
Stories/Levels: 3
Building Size: 3726
Year Built: 1940
Year Built Source: Estimated

Unit Information

# Tenants: Multiple
Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 2

Lot Features

Lot Size (Acres): 0.29
Lot Size (Sq. Ft.): 12,632
Lot Size Source: Estimated
Zoning: MIXED USE

Financial Considerations

Price Per Sq. Ft.: $115.41
Assessment Year: 2025
School Tax: $3,772
County Tax: $912
County Tax Freq: Annually
Tax w/Assessment: $207,800
Tax Amount: $5,786
Tax Year: 2025
Owner Pays: All Utilities, Air Conditioning, Electricity, Heat, Lawn/Shrub Care, Sewer, Snow Removal, Trash Collection, Water

Disclosures and Reports

Ownership: Fee Simple
Investment: Yes

Listed by Contigo Real Estate, Emily Graham

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Listing agent

— 220 E Main St —

Emily Graham

Contigo Real Estate

Listing Office Email: contigorealestate@gmail.com

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Schools

Schools serving 220 E Main St

School District:Palmyra Area School District

Name	Grades	Distance
Northside El School, Palmyra, PA 301 East Spruce Street, Palmyra, PA 17078	1-5	0.6 mi
Palmyra Area Middle School 50 West Cherry Street, Palmyra, PA 17078	6-8	0.3 mi
Palmyra Area Senior High School 1125 Park Drive, Palmyra, PA 17078	9-12	0.9 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 220 E Main St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

12/12/2025

Listed

$430,000

43.33%

MLS

10/13/2023

Sold

$300,000

—

Public Record

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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

Tax History for 220 E Main St

Year

Property Taxes

Change

Tax Assessment

Change

2025

$5,938

13%

$207,800

—

2024

$5,246

50%

$207,800

—

2022

$3,502

4%

$207,800

—

2021

$3,381

-26%

$207,800

—

2020

$4,593

2%

$207,800

—

2019

$4,494

3%

$207,800

—

2018

$4,352

7%

$207,800

—

2016

$4,086

10%

$207,800

—

2015

$3,723

2%

$207,800

—

2014

$3,651

—

$207,800

—

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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220 E Main Street, Palmyra, PA 17078 (MLS# PALN2024052) is a Commercial Service property. 220 E Main Street is currently listed for $430,000 and was received on December 12, 2025. Want to learn more about 220 E Main Street? Do you have questions about finding other Commercial Service real estate for sale in Palmyra? You can browse all Palmyra real estate or contact a Coldwell Banker agent to request more information.

220 E Main St Palmyra, PA 17078