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    1308 Pennsylvania Ave Warren, PA 16365

    For Sale
    Contact for pricing

    Fully Leased Industrial Property, High ROI

    Property size:
    24,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional investment opportunity presents two fully leased, 12,000+ square foot industrial warehouse/distribution buildings situated on a 6.64-acre lot in Warren, Pennsylvania. Built in 2013, these single-story structures boast 15-foot ceilings, reinforced concrete floors, and ample loading capabilities, including two dock-high doors per building, drive-in doors, and dock levelers. Each building offers 2 restrooms, extensive exterior doors and windows, and a robust HVAC system with natural gas radiant heaters and high-bay lighting. The electrical system includes 480-volt, 3-phase power, along with additional 480/277-volt and 208/120-volt panels and a 75 KVA transformer. The property features approximately 20,000 square feet of surface parking. Currently 100% occupied with a lease extending to 2026, this property offers significant potential for future expansion. The expansive lot size allows for the construction of an additional 40,000+ square foot building, and rail access is a possibility. This core investment presents a strong cash flow with significant long-term growth potential. The property is zoned for industrial use and features a Butler building system construction. The APN is WN-499-353000-000.

    Property Features for 1308 Pennsylvania Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    24,000 SF
    Lot Size
    289,238 SF

    Building Details

    Year Built
    2013
    Buildings
    2
    Stories
    1

    HighLights

    • Investment opportunity: Two 12,000 SF buildings for sale.
    • Fully leased through 2026.
    • 40,000 SF expansion potential.
    • Butler building construction.
    • 24,000 SF total building area on an 80' x 150' lot, 20' high.
    • 15' ceiling height.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Seneca Home Health Home Health Care Service Targeted Pet Treats Warehouse

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Warren
    County
    Warren
    State
    Pennsylvania
    Longitude
    -79.1661848
    Latitude
    41.8411138

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    FAQs

    What type of property is this?
    Distribution property - Fully Leased Industrial Property, High ROI
    Where is this distribution property located?
    The property is located at 1308 Pennsylvania Ave Warren, PA.
    What are key features of this property?
    This property features: Investment opportunity: Two 12,000 SF buildings for sale.; Fully leased through 2026.; 40,000 SF expansion potential.
    Request Owner's contact information
    1308 Pennsylvania Ave Warren, PA 16365
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    Warren, PA 16365
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1308 Pennsylvania Ave Warren, PA 16365
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