This exceptional medical office building, located at 91 Progress Avenue in Pottsville, Pennsylvania, presents a compelling investment opportunity. The property boasts 4,400 square feet of main-level space, complemented by an additional approximately 1,000 square feet on an upper floor, totaling approximately 5,400 square feet. Built in 1950, the building features recent interior renovations, presenting a like-new condition. The 0.11-acre lot is situated just one block from the Mahantongo Street parking deck, offering convenient access for patients and staff. The building's exterior is constructed of brick and concrete. Interior finishes include carpet and laminate flooring. Utilities include above-ground services, cable TV, electricity, natural gas, phone lines, public sewer, and public water. A ramp provides convenient main-level access. Currently, there is a tenant occupying the ground floor with a gross lease in place for a remaining term of over four years, including options. The monthly rent is $4,725, which includes electricity, gas, real estate taxes, exterior maintenance (including snow removal), and building insurance. The asking price for the entire building is $525,000, representing a 7.5% capitalization rate. A credit check is required for prospective tenants. Public parking is available nearby. This property offers a strong combination of income generation and potential for future growth.
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Eric Seitzinger
Heather Direnzo
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91 Progress Ave, Pottsville, Pennsylvania, 17901
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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91 Progress Ave
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