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Key Details
Sold Price $525,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 5,700 sqft
Price per Sqft $92
MLS Listing ID PAFL2013640
Sold Date 10/04/23
Originating Board BRIGHT
Year Built 2003
Annual Tax Amount $8,480
Tax Year 2022
Lot Size 0.580 Acres
Acres 0.58
Property Description
Fantastic investment opportunity! Move your business or start a new business and have rental income offset your expenses! Endless options on uses for this space. Office, medical suite, retail, gym, yoga studio, boutique, escape room, salon, the opportunities are limitless! End unit suites can be combined or used separately. Currently set up for 4 suites, but originally designed as 5. Center suite under lease through 2023. Remaining 4 suite occupied by one tenant. Tenant 1 occupies unit 3 since 2004. Rent = $1475/month. Lease end date 11/30/2023. Tenant 2 occupies units 1,2 and 4 & 5 since 2021. Rent = $2,940/month. Lease end date 7/31/2023. Total 2022 annual operating income = $52,980 per month with $13,395.00 operating expenses including taxes, insurance, maintenance, water, trash removal, and exterior maintenance. 6.8% cap as currently rented. This property has greater market rent potential. Newer construction with lots of paved parking off street.
Location
State PA
County Franklin
Area Antrim Twp (14501)
Zoning CC
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Central A/C
Heat Source Electric
Exterior
Garage Spaces 27.0
Utilities Available Cable TV Available, Electric Available, Water Available, Sewer Available
Waterfront N
Water Access N
Roof Type Architectural Shingle
Street Surface Concrete
Accessibility 32\"+ wide Doors, 36\"+ wide Halls, Level Entry - Main, No Stairs
Parking Type Parking Lot
Total Parking Spaces 27
Garage N
Building
Foundation Slab
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Greencastle-Antrim
Others
Tax ID 01-0A17.-252.-000000
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Sara Cortney Repp • Real Estate Innovations
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