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1830 19Th St Harrisburg, PA 17104

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For Sale
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64,800 SF Flex Warehouse, 100% Occupied

Property size:
64,800 SF

Property Features for 1830 19Th St

General Information

Property type
Distribution properties
Square Feet
64,800 SF
Class
B
Lot Size
297,079 SF

Building Details

Year Built
1973
Units
1

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Listing Contact
W. Jason Grace
W. Jason Grace

Listing Agency: Landmark Commercial Realty Listing Agent: W. Jason Grace

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

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Property Insight Report

Overview

This fee-simple industrial property, located at 1830 S 19th St in Harrisburg, PA, presents a compelling investment opportunity. The 64,800 square foot building, constructed in 1973, is classified as Class B and features a mix of distribution, flex, and warehouse space. Currently 100% occupied by two long-term tenants (20+ years), the property boasts a strong pro-forma NOI of $525,510 and an 8.83% pro-forma cap rate. The asking price is $5,950,000, translating to $91.82 per square foot. Situated on a 6.82-acre lot, the property offers ample parking (130 spaces) and outdoor storage within a gated, secure yard. Building features include four loading docks, two dock-high doors, and ceiling heights ranging from 24 to 28 feet. The property benefits from its strategic location in Friendship Industrial Park, adjacent to a regional UPS hub, and enjoys convenient access to major highways (I-83, PA-230, I-283, I-76, I-81, I-78) and Harrisburg International Airport. The property's below-market rents and expiring lease terms offer a value-add opportunity to reset rents to market rates. The property's APN is 63-043-003. This is a rare opportunity to acquire a stabilized, in-fill industrial asset in a prime location with strong tenant history. The lease type is NNN.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Ascendance Idealease Car Rental Facility Dauphin Datacom Electronics & Wireless Store Dauphin Electric Supply Building Supply

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

Location Insight

  • Map
  • Local Demand
City
Harrisburg
County
Dauphin
State
Pennsylvania
Longitude
-76.846833922041
Latitude
40.242516307825

FAQs

What type of property is this?
Distribution property - 64,800 SF Flex Warehouse, 100% Occupied
Where is this distribution property located?
The property is located at 1830 19Th St Harrisburg, PA.
What is the asking price?
The asking price for this property is $5,950,000.
(717) 421-1943 Call to check price and availability
More about this property
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