400 E Main St, Mount Joy, PA 17552

$599,000

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List Price
$599,000
Days on Market
28
Status
ACTIVE UNDER CONTRACT
MLS#
PALA2090270
Lot Size (Acres)
0.88
County
Lancaster
School District
Donegal

Property Description

Excellent development opportunity in the rapidly growing Mount Joy area. This ±0.88-acre Neighborhood Commercial-zoned property comes with approvals already in place for a 9-unit townhome development, allowing a developer to move forward quickly while avoiding much of the time, expense, and uncertainty of the approval process. Major approvals have been secured, including stormwater management, curbing, and required site improvements. No street improvements have been identified, helping reduce development costs and streamline construction timelines. Ideally located near Routes 230 and 283, the property offers convenient access to Lancaster, Harrisburg, Hershey, and surrounding employment centers. The site is also located within Mount Joy Borough's LERTA district, which may provide qualified projects with significant real estate tax abatements on new improvements. Buyers should independently verify eligibility and program requirements. The approved plan is for a 9-unit townhome development. Conversion to condominium ownership may be possible, but buyers should perform their own due diligence with the Borough and other applicable authorities. This is a rare opportunity to acquire a shovel-ready development site in one of Lancaster County's most desirable and fastest-growing markets.

Additional Information

Area
Mt Joy Boro (10545)
Taxes
$4627
School District
Donegal
High School
Donegal
Utilities
Natural Gas Available, Electric Available, Water Available, Sewer Available
Water
Public Hook-up Available
Sewer
Public Hook/Up Avail

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Hostetter Realty LLC. Contact: 7173546416