Leased Office/Medical Building For Sale

91 PROGRESS AVENUE, Pottsville, PA 17901

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For Sale

$525,000

Fully leased office/medical building in downtown Pottsville, Pennsylvania.

Type:Commercial/Industrial

Property size:

9,800 SF

Lot size:

0.11 Acres

Price / SF:

$53/SF

HighLights

100% Leased Office/Medical Building in Downtown Pottsville
Approximately 7% CAP Rate
Two Tenants with Gross Leases in Place
Recent Interior Renovations
Leases Include Annual 2% Increases
Located One Block from Mahantongo Street Parking Deck

We can help!

Listing Contact

Eric R Seitzinger

For Sale

$525,000

Fully leased office/medical building in downtown Pottsville, Pennsylvania.

Type:Commercial/Industrial

Property size:

9,800 SF

Lot size:

0.11 Acres

Price / SF:

$53/SF

Added:: Sep 16, 2021
Days on Market:: 1735
Last Refresh:: May 19 at 10:37 pm

Property Features for 91 PROGRESS AVENUE

General Information

Standard status: Active
Size: 9,800 SF
Lot size: 0.11 Acres
Property subtype: Commercial/Industrial

Building Details

Year Built: 1950

We can help!

Listing Contact

Eric R Seitzinger

Listing agent Eric R Seitzinger License #RS276999

Listing office BHHS Homesale Realty - Schuylkill Haven

Listing date Sep 16, 2021

Source Exitrealty

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All listing content including descriptions, pricing, images are the copyrighted material of BHHS Homesale Realty - Schuylkill Haven

HighLights

100% Leased Office/Medical Building in Downtown Pottsville
Approximately 7% CAP Rate
Two Tenants with Gross Leases in Place
Recent Interior Renovations
Leases Include Annual 2% Increases
Located One Block from Mahantongo Street Parking Deck

Overview

This fully leased office/medical building is located in downtown Pottsville, Pennsylvania, one block from the Mahantongo Street parking deck. Recent interior renovations have kept the building in like-new condition. The main level, approximately 4,400 square feet with an additional three-room bonus area on an upper floor of approximately 1,000 square feet, is leased. The ground level, also approximately 4,400 square feet, is leased to a different tenant. Both tenants have gross leases. The initial five-year term for the main floor tenant started December 1, 2023, with options. The ground level tenant has a five-year lease that started July 1, 2023, with options. Both leases include annual 2% increases. The building is offered for sale at an approximate 7% CAP.

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Location Insight

Map
Local Demand

City: Pottsville
County: Schuylkill
State: Pennsylvania
Longitude: -76.1942
Latitude: 40.6854

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For sale
Office buildings
PA
Pottsville
17901
91 PROGRESS AVENUE

What type of property is this?

Office building - Fully leased office/medical building in downtown Pottsville, Pennsylvania.

Where is this office building located?

The property is located at 91 PROGRESS AVENUE Pottsville, PA.

What is the asking price?

The asking price for this property is $525,000.

What are key features of this property?

This property features: 100% Leased Office/Medical Building in Downtown Pottsville; Approximately 7% CAP Rate; Two Tenants with Gross Leases in Place

91 PROGRESS AVENUE, Pottsville, PA 17901

Fully leased office/medical building in downtown Pottsville, Pennsylvania.

Property Features for 91 PROGRESS AVENUE

General Information

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

High-Visibility Retail and Warehouse Building

Two-Unit Building with Garage

Pottsville Triplex with Investment Potential

Versatile Commercial Space on Market

Medical Office Space Available

Pottsville Value-Add Investment Opportunity

Medical Office Space Available

Specialty Commercial Property

Saint Clair Income Property

Retail Opportunity in Pottsville, PA

Pottsville Turnkey Investment Opportunity

Pottsville Restaurant with Liquor License

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