Property Attributes
- MLS#PASK2001412
- TypeCommercial
- CountySCHUYLKILL
- CityPottsville
- AreaPottsville
- Zip17901
- StyleMedical,Professional
- Year Built1950
- Taxes$ 15374
- Price$ 525,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage9800
- Lot Size4,792 SqFt
Data Source:
Bright MLS
Property Description
100 % Leased Downtown Pottsville Office/Medical Building. Located one block from Mahantongo Street parking deck. Recent renovations to the interior are still like new. Currently leased is the approximate 4,400 on the main level with three (3) room bonus area on an upper floor of approximately 1,000 square feet. The ground level is approximately 4,400 square feet with a different Tenant. Both Tenants have Gross Leases. The Building is offered for sale at and approximate 7% CAP, $525,000.00. The initial five year term for the main floor Tenant started 12-1-2023, with options. The Tenant on the ground level floor has a 5 year lease that started July 1, 2023, with options. Both leases have annual 2% increases. Call for details.
Price History | |
---|---|
9/16/2021 | Listed $525,000 |
General Features
Sewer | Public Sewer |
---|---|
Heating | Heat Pump(s) |
Cooling | Central A/C |
Utilities | Above Ground,Cable TV Available,Electric Available,Natural Gas Available,Phone Available,Sewer Available,Water Available |
Possession | Negotiable |
Roof | Rubber |
Zoning | C-3 |
Construction Materials | Brick,Concrete |
Exclusions | Personal items of Seller. |
Year Built | 1950 |
Property SubType | Office |
Tax Year | 2022 |
Percent Ownership | Fee Simple |
Cool Fuel | Electric |
Gross Income | 97956.00 |
Business Type | Medical,Professional |
Accessibility | Ramp - Main Level |
County | SCHUYLKILL |
Net Operating Income | 36575.00 |
Operating Expense | 61380.00 |
New Construction | No |
Property Type | Commercial Sale |
Water Access Y/N | No |
Property Use | Investment |
Transportation | Bus Stop less than 1 mile |
Status | ACTIVE |
Directions | Route 61N to Pottsville. Left onto East Union St,right onto Progress Avenue. Property on Left. |
ModificationTimestamp | 2024-04-21T09:35:35 |
City | POTTSVILLE |
Buyer Agent Compensation | 3 |
Zoning Description | Commercial |
MLS Area | Pottsville (13368) |
Lot Size Square Feet | 4792.00 |
Tax Assessed Value | 183615.0 |
Waterfront Y/N | No |
Street Name | PROGRESS |
Tax Annual Amount | 15374.0 |
Property Condition | Very Good |
Acceptable Financing | Cash,Other |
Lease Considered Y/N | No |
Vacation Rental Y/N | No |
Days on Market | 958 |
Standard Status | Active |
Year Built Source | Estimated |
Tax Lot | 0042.001 |
Total Actual Rent | 97956.00 |
Cap Rate | 7.00 |
Buyer Agent Compensation Type | % Of Gross |
Interior Features
Heating Fuel | Natural Gas |
---|---|
Flooring | Carpet,Laminated |
Hot Water | Natural Gas |
Total Stories | 3 |
Heating Y/N | Yes |
Street Suffix | AVENUE |
Central Air Y/N | Yes |
Exterior Features
Parking Features | Public |
---|---|
Water Source | Public |
Type of Parking | On Street |
Land Use Code | 353 |
Water View Y/N | No |
Building Area Total | 0.00 |
Lot Dimensions | 0.00 x 0.00 |
Lot Size Acres | 0.11 |
Lot Size Units | Square Feet |
Lot Size Source | Assessor |
Door Features | Double Entry |
Land Assessed Value | 7320.00 |
Navigable Water Y/N | No |
Water Oriented Y/N | No |
LotDimensionsSource | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool