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11368 Williamsport Pike

GREENCASTLE, PA 17225
  • $580,000
  • STATUS: Active
  • ON SITE: 12 Days
  • ID#: PAFL2013640
UPDATED: 59 min ago
$580,000
  • 0
    BEDS
  • 0.58
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2003
County:

School Ratings & Info

School District:

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.

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Gail Nyman Group | Re/Max United Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-05-30T08:51:11.643.
www.gailnymanhomes.com/homes/139642243
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11368 Williamsport Pike GREENCASTLE, PA 17225

  • Price: $580,000
  • Status: Active
  • On Site: 12 Days
  • Updated: 59 min ago
  • ID#: PAFL2013640
0
Beds
0
Baths
0
½ Baths
0.58
Acres
2003
Built
Neighborhood:
Antrim Twp (14501)
County:
Franklin
Area:
Antrim Twp (14501)
School District:
Greencastle-Antrim
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.
Exterior Features

Construction Materials Brick Garage YN No Location Type Highway Parking Features Paved ParkingHandicap ParkingPrivate Parking Types Parking Lot Property Condition Very Good Riparian Rights YN No Road Surface Type Concrete Roof Architectural Shingle Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 5700.00 Cooling Central A/C Exclusions All Personal Property / Equipment Belongs To The Tenants. Heating Heat Pump(S) Heating YN Yes Net Square Feet 5700.00

Property Features

Acceptable Financing CashConventional Accessibility Features 32"+ Wide Doors36"+ Wide HallsLevel Entry - MainNo Stairs Assessment Year 2022 Business Type ProfessionalMedicalOther Central Air YN Yes Cooling Fuel Electric Electric 200+ Amp Service Foundation Details Slab Gross Income 52980.00 Heating Fuel Electric Hot Water Electric Municipality Antrim Twp Navigable Water YN N Net Operating Income 39585.00 New Construction YN No Number Of Units Total 5 Operating Expense 13395.00 Operating Expense Includes Repair/MaintenanceSnow RemovalTrashWaterLandscaping Original MLSNumber 802335404524 Owner Pays Lawn/Shrub CareInsuranceSnow RemovalTaxes - Real EstateTrash CollectionWater Ownership Interest Fee Simple Possession Subject To Existing Lease Property Sub Type Office Sale Type Standard Sewer Public Sewer Tax Annual Amount 8480.00 Tax Assessment Amount 59310.00 Total Actual Rent 52980.00 Utilities Cable Tv AvailableElectric AvailableWater AvailableSewer Available Vacation Rental YN No Water Source Public Zoning Cc Zoning Description Community Commercial

Listing courtesy of Whitetail Mountain Real Estate, Inc.: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Gail Nyman Group | Re/Max United Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-05-30T08:51:11.643.
 
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Gail Nyman Group | Re/Max United Real Estate
14340 Old Marlboro Pike
Upper Marlboro MD, 20772