For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Professional Office Building For Sale Title is generated by Realmo AI

    2588 State Route 903, Albrightsville, PA 18210

    View on Map
    Claim this Listing
    For Sale
    $549,000

    Professional office building with multiple suites and ample parking.

    Type:General Commercial
    Property size:
    6,016 SF
    Price / SF:
    $91/SF
    Added:
    Jan 20, 2020
    Days on Market:
    2332
    Last Refresh:
    May 13 at 8:16 pm

    Property Features for 2588 State Route 903

    General Information

    Standard status
    Active
    Size
    6,016 SF
    Property subtype
    General Commercial

    Building Details

    Year Built
    1987

    We can help!

    Listing Contact
    Robert Starrett

    Listing agent Robert Starrett

    Listing office Starrett & Company Real Estate

    Listing date Jan 20, 2020

    Source Xome

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Starrett & Company Real Estate

    HighLights

    • High‑traffic location on Highway 903.
    • Large parking lot.
    • Approximately 4500 sq ft of available space in four suites.
    • Good tenant signage.
    • Separate utilities for each suite.
    • Corner lot location.

    Overview

    This professional office building is located on a busy section of State Highway 903. The building contains five suites within its approximately 6000 square feet. Suite sizes vary. The property is in good condition and features separate utilities for each suite. Tenant signage is available. A large parking lot is included. Approximately 4500 square feet of space is available for lease across four suites. Currently, the building houses two tenants: the Kidder Penn Library and a law firm. Financial information is available upon signing a non-disclosure agreement.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $46.9k $7.80
    − Vacancy −$3.4k −$0.56
    EGI $43.5k $7.24
    − OpEx −$10.9k −$1.81
    NOI $32.7k $5.43
    6,016 SF · lease $7.80/SF/yr · vacancy 7.20% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $466.6K
    $408.3K – $544.3K (±1% cap)
    NOI $32,660 @ 7.0% cap · market cap 5.95%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $1.18M
    $1.03M – $1.38M (±1% cap)
    NOI $82,732 @ 7.0% cap · market cap 15.07%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Law Firm Building Supply Restaurant Big Box & Wholesale Store Hair Salon Real Estate Agency Auto Repair Shop Auto Parts Store HVAC Service Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albrightsville
    County
    Carbon
    State
    Pennsylvania
    Longitude
    -75.597015
    Latitude
    41.010136

    FAQs

    What type of property is this?
    Office building - Professional office building with multiple suites and ample parking.
    Where is this office building located?
    The property is located at 2588 State Route 903 Albrightsville, PA.
    What is the asking price?
    The asking price for this property is $549,000.
    What are key features of this property?
    This property features: High‑traffic location on Highway 903.; Large parking lot.; Approximately 4500 sq ft of available space in four suites.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message