108 West Street , Newville, PA 17241Asking Price of: $575,000

Downtown mixed-use property comprised of both residential and commercial components. The residential component consists of a circa 1920 detached single-family dwelling containing approximately 2,860 square feet of gross living area, with four (4) bedrooms and two (2) full bathrooms. The two-story dwelling with walk-up attic features an aluminum-sided exterior, an older standing seam metal roof, and a partial basement with a combination of poured concrete and concrete block foundation walls. Heating is provided by an oil-fired boiler serving radiators and hot water baseboards. There is no central air conditioning. Interior finishes are dated; however, the home is considered to be of overall average construction quality and condition for its age. The dwelling was most recently owner-occupied but was vacant at time of sale. The commercial component consists of a 37-unit self-storage facility comprised of two (2) concrete block buildings containing a combined gross building area of 4,848 square feet. Constructed in 1988, the buildings are situated on concrete slab foundations and are improved with pitched shingle roofs. Each storage unit features exterior access via a metal roll-up door. Unit interiors are drywalled and equipped with an overhead light fixture, but do not offer climate control. The storage buildings are considered to be of average quality and condition. At the time of sale, the facility was professionally managed, fully leased (100% occupancy), and operating as an income-producing asset. The commercial component is locally known and advertised as Newville Storage.