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    227 Academy St Williamsport, PA 17701

    Sponsored
    For Lease
    $14 SF/Yr

    Prime Williamsport Office Space Available

    Lot size:
    37,100 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 37,000 square foot executive office building, located at 227 Academy Street in Williamsport, Pennsylvania, presents a unique investment opportunity. Built in 1980, this two-story structure sits on a 0.99-acre lot in the Central Business District (CBD), offering convenient access to major roadways. The property boasts ample parking with 148 spaces, a significant advantage for employees and clients. Currently, the entire 37,000 square feet is vacant, providing flexibility for a single large tenant or the possibility of subdividing the space to accommodate multiple occupants. The building's prime location across from a Starbucks further enhances its appeal and visibility. Its zoning designation as CBD reflects its suitability for a variety of commercial uses, including office, retail, or medical practices. The building's attractive design and convenient location make it an ideal space for businesses seeking a prominent presence in Williamsport's thriving commercial center. Serious inquiries are encouraged to explore the potential of this substantial property. The property features a single tenancy and is situated near the intersection of Basin Street and Academy Street.

    Property Features for 227 Academy St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    37,100 SF
    Total Rate
    43283.33

    Building Details

    Year Built
    1980
    Stories
    2

    Unit(s) available at that property

    Space
    Available Space
    Size
    37,000 SF
    Rate per SF
    $14
    Property Profile Location Intelligence

    Current Use by Public Records

    KBF Print Technology Commercial Printer Skills of Central PA, ... Mental Health Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Williamsport
    County
    Lycoming
    State
    Pennsylvania
    Longitude
    -76.9976117
    Latitude
    41.2418527

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Williamsport Office Space Available
    Where is this office property / space located?
    The property is located at 227 Academy St Williamsport, PA.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    Request Owner's contact information
    227 Academy St Williamsport, PA 17701
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    Williamsport, PA 17701
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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
    227 Academy St Williamsport, PA 17701
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