Current Use by Public Records
- Industrial properties
Property Details for 99 Horn Railroad Path
- Lot size
- 0.40 lot acres
- Property type
- Industrial properties
Description
This exceptional investment opportunity presents a multi-tenant industrial property located at 99 S Horn Railroad Path, Sunbury, PA 17801. The property encompasses 6,400 square feet across four units within a single building, situated on a 0.4-acre lot. Built in 2023, the building features a Class B rating and boasts 11-12.5' ceiling heights, providing ample space for various industrial uses. The property currently enjoys 100% occupancy with a diverse tenant mix, including a national retailer and local businesses. Four drive-in doors facilitate efficient loading and unloading. Thirty parking spaces are available for tenants and visitors. The property is zoned for Neighborhood Business use and offers significant potential for increased cash flow through lease renegotiation, as two tenants are on year-to-year leases and two are on longer-term leases. The strategic location provides easy access to major roadways including Routes 15, 61, 890, and PA 147, offering convenient access to the Selinsgrove retail area. The property's Net Operating Income (NOI) is $20,760, with an asking price of $285,000 ($44.53/sq ft). The property's APN is 054-01-009-043. This is a rare opportunity to acquire a stable, multi-tenant industrial property with significant upside potential.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sunbury
- County
- Northumberland
- State
- Pennsylvania
- Longitude
- -76.7875
- Latitude
- 40.859
