5615 Stradford Drive

5615 Stradford Drive Harrisburg, PA 17112

5615 Stradford Drive, Harrisburg, PA, 17112
Aerial
5615 Stradford Drive, Harrisburg, PA, 17112 5615 Stradford Drive, Harrisburg, PA, 17112 5615 Stradford Drive, Harrisburg, PA, 17112 5615 Stradford Drive, Harrisburg, PA, 17112
FOR SALE
Property Type:
Commercial Land Development
Amount:
$400,000
Last Verified:
Dec 30, 2020

Highlights

  • Possible Turnkey Hotel
  • 1.5 Aces Vacant Land
  • Just off I-81 Exit 72

Description

Vacant land tentatively approved for a hotel. Possible turnkey.
Just off I-81 at Exit 72 N. Mountain Road.
See plans. Call for details.

Harrisburg is the metropolitan center for some 400 communities. Its economy and more than 45,000 businesses are diversified with a large representation of service-related industries, especially health-care and a growing technological and biotechnology industry to accompany the dominant government field inherent to being the state's capital.

National firms either headquartered in the region or with major operations include Ahold USA, Arcelor Mittal Steel, HP, IBM, Hershey Foods, Harsco Corporation, Rite Aid Corporation, Tyco Electronics, and Volvo Heavy Machinery.


The largest employers, the federal and state governments, provide stability to the economy. The regions extensive transportation infrastructure has allowed it become a prominent center for trade, warehousing, and distribution.

Downtown Harrisburg has two major performance centers. The Whitaker Center for Science and the Arts, which was completed in 1999, is the first center of its type in the United States where education, science and the performing arts take place under one roof. The Forum, a 1,763-seat concert and lecture hall built in 1930-31, is a state-owned and operated facility located within the State Capitol Complex. Since 1931, The Forum has been home to the Harrisburg Symphony Orchestra. Beginning in 2001, downtown Harrisburg saw a surge of commercial nightlife development. This has been credited with reversing the city's financial decline, and has made downtown Harrisburg a destination for events from jazz festivals to Top-40 nightclubs.

Lot Size: 1.5 acres

Map of 5615 Stradford Drive, Harrisburg, PA, 17112

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.