Professional Office Building For
For Sale
$135,000
247 Filbert St, Milton, PA 17847
Professional office building suitable for a smaller business.
Property Size768 SF
Price / SF$175.78
Days on Market190
Property Features for 247 Filbert St
General Information
Standard status
Active
Size
768 SF
Taxes and HOA fees
Annual Taxes
$2,642
Listing Agency:
BOWEN AGENCY INC., REALTORS - SUNBURY
(570) 286-8594
Listed By:
Aimee Jo Buehner · License #AB067406
(570) 274-7544
Source:
Exprealty
Added: Apr 10
Changed: Oct 10
Last Checked: Oct 16 at 11:51AM
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 BOWEN AGENCY INC., REALTORS - SUNBURY
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Investment Insights
Based on property information with market context.
This professional office building is available for purchase and ready for immediate use. It features a paved parking area and a shed. The property is located within a flood zone. It is suitable for a smaller business or as a satellite location. The property is zoned for central business, and prospective buyers should verify approved uses. According to county assessment data, the building has a size of 768 square feet.
Key Highlights
- Professional office building ready for use
- Paved parking area
- Suitable for a smaller business or satellite location
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,343
Cap Rate
6.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$166,860
$166.9K
Cap Rate 7%
$119,186
$119.2K
Cap Rate 9%
$92,700
$92.7K
Market Conditions
NOI Build-Up for 768 SF
Gross rent
$13.1K $17.04/SF
− Vacancy
−$2.0K −$2.56/SF
EGI
$11.1K $14.48/SF
− OpEx
−$2.8K −$3.62/SF
NOI
$8.3K $10.86/SF
Area
Northumberland County, PA
Vacancy
15.00%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$166,860
Cap Rate 7%
$119,186
Cap Rate 9%
$92,700
Alternative Uses
Best Use
Office B
$119.2K
$104.3K – $139.1K
NOI $8,343 @ 7.0% cap · market cap 6.18%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$934.5K
$817.7K – $1.09M
NOI $65,415 @ 7.0% cap · market cap 48.46%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
395
Businesses Nearby
Explore this area
Business Placement
Demographics for 17847, PA
11,703
Population
5,341
Households
2.2
Avg Household Size
45
Median Age
17%
College-Educated
93%
High-School Grad
46.3 sq mi
ZIP Area
253
Density / Sq Mi
$56,582
Median Household Income
$36,028
Median Earnings
$835
Median Rent
$185,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Professional office building suitable for a smaller business.
Where is this office building located?
The property is located at 247 Filbert St Milton, PA.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: Professional office building ready for use; Paved parking area; Suitable for a smaller business or satellite location
